12 Frayne Street, Fairlie, Mackenzie

Nestled on a level plot at 12 Frayne Street, Fairlie, Mackenzie, this residential vacant land boasts a freehold title, offering potential buyers the security of full ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property's unknown roof and wall construction add an air of mystery to this promising investment. With a land area of 1011 square meters, it presents a blank canvas for the imaginative developer.

As for its financial history, the capital value has seen a significant increase from $161,000 as of October 1, 2020, to $195,000 as of July 1, 2023, marking a growth rate of 21.12%. HouGarden's AVM estimates the property's worth at $190,000, while the latest sale records show transactions at $10,000 in July 2003 and a more recent one at $217,000 on October 31, 2024.

For families with educational considerations, this property falls within the zones of Fairlie School, a contributing primary with a decile rating of 6, Craighead Diocesan School, a secondary school (Year 7-15) with a decile rating of 9, and Roncalli College, another secondary school (Year 9-15) with a decile rating of 7, ensuring a range of quality educational options.

Updated on November 27, 2024