FOR SALE
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11 Grevillea Avenue
Dry Creek SA 5094

Bedrooms: -
Bathrooms: -
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Land area: 834m2
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TWO DWELLINGS ON ONE TITLE

Here is a unique investment opportunity for the savvy! There is two 3-bedroom dwellings (both currently under lease) on a sizable 834m2 approx. allotment in Dry Creek.
Choose to keep the two dwellings as is and continue to collect the double rent or maybe separate the two homes onto individual titles... keep one and sell the other... it's totally up to you! Maybe you could live in one and have your family live in the one next door! The choices are endless!
The inner North is going ahead in leaps and bounds, Dry Creek is just 12kms (approx.) from the Adelaide CBD. Dry Creek epitomises a perfect blend of suburban tranquility and urban connectivity. Enjoy the nearby parks, cafes, and restaurants, with Prospect and North Adelaide only minutes away. Families will appreciate the variety of nearby public and private schools, kindergartens, and childcare facilities, making it an ideal location for raising children.
Contact Steve Krause from Magain Real Estate for further details.
All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified.
Magain Real Estate | Glenelg
RLA | 310071

Property Details for 11 Grevillea Ave, Dry Creek

Building Type
Land
Land Size
834m2

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About Dry Creek 5094

The size of Dry Creek is approximately 26.7 square kilometres. It has 6 parks covering nearly 8.2% of total area. The population of Dry Creek in 2011 was 198 people. By 2016 the population was 201 showing a population growth of 1.5% in the area during that time. The predominant age group in Dry Creek is 20-29 years. Households in Dry Creek are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dry Creek work in a machinery operators and drivers occupation. In 2011, 62.5% of the homes in Dry Creek were owner-occupied compared with 57.4% in 2016.

Dry Creek has 468 properties. Over the last 5 years, Houses in Dry Creek have seen a 98.95% increase in median value, while Units have seen a 107.18% increase. As at 30 November 2024:

  • The median value for Houses in Dry Creek is $688,038 while the median value for Units is $533,766.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Dry creek on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Dry creek.

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Steve Krause
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