Back 28 Couch Road
Off Market

28 Couch Road

Griffith NSW 2680

4
2
2
0 m²
1011 m²
House
Angelo CirilloAngelo Cirillo, last sold this property on 15 February 2022 after 8 days on market.

Overview

Investors, line up!

Auction Location: On Site What an opportunity! 28 Couch Road is ready, with a plan to turn one income into three in an area of Griffith undergoing long-term redevelopment. Currently, this 1011m2 block is home to a vacant three-bedroom house that needs a little TLC before being back on the rental market. Being so close to Griffith's centre, you want to make the most of this asset, and the current owners have done all the leg work for you. Choose how you would like to approach your expansion. The plans propose a two-stage approach, renting out the existing home while you construct the approved duplex. These plans for the modern development have already undergone the time-consuming approval process and engineering. Once the duplex is completed, stage two suggests turning the long-established house into a stylish unit to complement your duplex, completing an update that will see you increase the value of your original investment exponentially. It's up to you how you proceed; with the home vacant, you could always knock over both stages in one go and then immediately reap the benefits. It's no wonder properties rarely become available to purchase in this street. The blocks are large, Schools, childcare, parks, supermarkets, Griffith's thriving CBD filled with cafes, and boutique stores are all within walking distance. 28 Couch Road, Griffith is a brilliant space to have the chance to grow.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
0 m² floor area
1011 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Griffith over the last 12 months, the estimated median property value of 28 Couch Road is $790k.

Median value
$790k
Estimated value range
$395k - $1.92m
Median days on market
30
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Griffith. 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 28 Couch Road

2022
Rented
Undisclosed
Leased on 22 Sep 2022 by Soul Property Agents
2022
Sold
Undisclosed
Auction Sale on 15 Feb 2022 by Angelo Cirillo, of Soul Property Agents

Happy sellers in Griffith

89%
89% of sellers in Griffith reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 110 reviews in Griffith over the last 12 months.

Local market activity for 4 bedroom houses in Griffith

In the last 12 months, 91 four-bedroom houses similar to 28 Couch Road, have been sold.

This represents a 5% decrease in four-bedroom houses sales when compared to the previous 12 months.

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