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Overview
This fully renovated full-brick bungalow effortlessly combines classic charm with substantial potential, situated within one of Carlton's most desirable, leafy neighbourhoods. The property occupies a level 462 square metre block with the excellent advantage of a north-facing backyard, ensuring enjoyment of natural sunlight and a bright, inviting outdoor space ideal for both relaxation and entertaining.
The home offers spacious and light-filled living areas with high ceilings, comprising multiple zones including a large main living room, a distinctive dining area, and a versatile sunroom that can serve as a home office or playroom. Central to these spaces is a modern kitchen outfitted with contemporary appliances, sleek surfaces, and ample storage to accommodate the needs of a keen home chef.
Accommodation features three generously sized bedrooms, each benefiting from abundant natural light and high ceilings that contribute to a sense of space and comfort. The bathroom reflects recent tasteful renovations with quality fittings and a modern aesthetic, further enhancing the home's move-in-ready condition. Practicality is well catered for with a dedicated internal laundry and off-street parking that accommodates two vehicles comfortably.
From an investment or development perspective, the residence offers exceptional merit through its prime R4 High Density Residential zoning. This zoning confers a favorable 1.5:1 floor space ratio and a 15 metre height allowance, unlocking considerable potential for future development projects such as boutique apartment complexes or multiple dwelling constructions, subject to council approval. The property's level terrain adds further appeal for development prospects, presenting a rare and strategic land asset in the sought-after St George region.
Its location delivers excellent convenience with Allawah and Carlton train stations within easy reach, alongside reputable local schools, parks, and village shops enhancing lifestyle appeal for residents and tenant attraction. This property suits a diverse range of buyers including families seeking a comfortable home with growth opportunities, downsizers desiring easy single-level living, or investors targeting a high-yield asset with significant future upside.
Overall, this turnkey bungalow embodies a compelling combination of immediate livability and long-term value, offering an exceptional place to live now with lucrative land banking advantages for tomorrow.
Local Market Insights
In Carlton, Quiet Listings observed 5 new houses entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $2,316,000. The property type mix of listed properties is predominantly Apartments at 48%, followed by units (24%), and houses (24%). The most active agency for houses in the Carlton area is currently Belle Property, representing 40% of new listings, followed by LJ Hooker with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Carlton NSW 2218
Market Insights for Carlton NSW 2218
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