Back 11 Randell St
Off Market

11 Randell St

Dickson ACT 2602

3
1
2
100 m²
707 m²
House
Last sold for $880,000
Stephen BundayStephen Bunday, last sold this property on 06 August 2019 after 20 days on market.

Overview

Terrible House, Terrific Real Estate!

Located on a quiet street within the RZ4 redevelopment zone and free of amalgamation clauses, this 707m2 block has a long northern boundary and is ripe for redevelopment. The house itself is in what can only be described as awful condition as it has suffered from fire damage and a lack of general maintenance - but that doesn't matter because the value here lies in the land. Within the RZ4 zone the buyer can subject to planning approval, develop the land for multi-unit dwellings! You can build up to 3 storeys in height with basement garaging and utilize 80% of the land. Interestingly enough, much of the basement area of this house has already been dug out, which might save you some excavation costs! There are also other redevelopments already in the street, so precedent has been clearly set. If you have been looking for the perfect block of land in a quiet street to complete a quality, boutique development, then this could be it. - RZ4 redevelopment zone - Flat, easy to work with block - Close to Daramalan College and Emmaus Primary - Located in the Lyneham High catchment area - Short walk to Dickson Precinct - Close to light rail

Features

3 bedrooms
1 bathroom
2 carspaces
100 m² floor area
707 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Dickson over the last 12 months, the estimated median property value of 11 Randell St is $1.09m.

Median value
$1.09m
Estimated value range
$895k - $1.24m
Median days on market
21
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dickson. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11 Randell St

2019
Sold
$880,000
06 Aug 2019 by Stephen Bunday, of LJ Hooker Dickson

Happy sellers in Dickson

82%
82% of sellers in Dickson reported that their sale price either exceeded or met their price expectations.

Dickson stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Dickson over the last 12 months.

Local market activity for 3 bedroom houses in Dickson

In the last 12 months, 10 three-bedroom houses similar to 11 Randell St, have been sold.

This represents a 10% increase in three-bedroom houses sales when compared to the previous 12 months.

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