Superbly located in the tightly held area of Allenby Gardens this home represents an outstanding opportunity for home owners, investors and developers.
With a large 820 m2 (approximate) parcel of land and with the potential to subdived the rear yard while maintaining the existing home (STCC), this home, with the value adding potential of both cosmetic renovation as well as subdivision (STCC) makes 47 East Ave an outstanding opportunity for the astute investor, developer or home owner.
Comprising 3 bedrooms, and a very large rear corner yard means that the possibilities of this home are endless.
The size of Allenby Gardens is approximately 0.8 square kilometres. It has 4 parks covering nearly 3% of total area. The population of Allenby Gardens in 2011 was 1,893 people. By 2016 the population was 1,853 showing a population decline of 2.1% in the area during that time. The predominant age group in Allenby Gardens is 40-49 years. Households in Allenby Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Allenby Gardens work in a professional occupation. In 2011, 72.9% of the homes in Allenby Gardens were owner-occupied compared with 72.8% in 2016.
Allenby Gardens has 995 properties. Over the last 5 years, Houses in Allenby Gardens have seen a 89.66% increase in median value, while Units have seen a 86.78% increase. As at 30 September 2024:
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