462 Lower King Rd, Lower King is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1974. The property has a land size of 840m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Lower King in the last 12 months.
This well-priced brick and tile home in a popular family area near the coast offers numerous possibilities for an astute purchaser to reap solid rewards.The 1970s home is tidy and in good order but a bit tired, so it's a terrific upgrade proposition for buyers on a budget, or investors looking for a quick turnaround for renting or resale.While new flooring and decor would smarten it up without breaking the bank, adding a modern kitchen and a facelift for the bathroom would pay dividends.Whether the purchaser chooses to do a cosmetic makeover and rent it out, go all out and renovate it for higher returns, or live in it and do the place up as they go, the prospect of adding value - in the short or long term - is clear.Either way, they would be rewarded with a comfortable home on a versatile 840sqm block within easy reach of schools, shops, fishing and boating, and only 13 minutes' drive from town.At the front is a good-sized lounge, which opens onto the dining room and then the kitchen, with gas cooking and an outlook to the coastal hills from the sink.All three bedrooms are double sized. The nearby bathroom has a bath, walk-in shower and vanity, and the toilet is separate, next to the laundry.Adjoining the house is a single carport and there's also a freestanding garage at the side, plus space for parking a big vehicle or caravan.Families would love the generous back yard with a lawn for the children to play on and plenty of scope for planting gardens, veggies and fruit trees.With so much going for it and priced to sell, the property is well worth a look for judicious buyers recognising the value it represents.What you need to know:- Brick veneer and tile home- Built 1970s- 840sqm block- Lounge- Dining Room- Kitchen with gas cooking- Three double bedrooms- Bathroom with bath, shower, vanity- Laundry- Separate toilet- Carport- Freestanding garage- Off-road parking - space for big vehicle - Fenced backyard- Easy access to schools, shops, fishing, boating, 13 minutes from town- Council rates $2,194.16- Water rates $1,525.99
The size of Lower King is approximately 9.2 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Lower King in 2011 was 1,738 people. By 2016 the population was 1,827 showing a population growth of 5.1% in the area during that time. The predominant age group in Lower King is 10-19 years. Households in Lower King are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower King work in a professional occupation. In 2011, 79.8% of the homes in Lower King were owner-occupied compared with 82.4% in 2016.
Lower King has 952 properties. Over the last 5 years, Houses in Lower King have seen a 71.52% increase in median value, while Units have seen a 14.24% increase. As at 31 October 2024:
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