FOR SALE
$460K-$490K

5 Parilla Avenue
Hope Valley SA 5090

Bedrooms: -
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Land area: 351m2
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A rare opportunity to claim your own piece of this highly sought-after location...

Introducing Lot 742, 7 Parilla Avenue, Hope Valley - a Torrens Titled 351sqm block offering a blank canvas for your future home. Set in a flourishing suburb, this corner allotment combines convenience with endless potential. With a generous 9.14m frontage and 38.4m depth, there is ample space to design and build your ideal residence. This is a prime opportunity to create a home in one of the area's most desirable locations.
The land is ideally situated near Hope Valley Reserve, the Hope Valley Bowling Club, and just 2km from Tea Tree Plaza Shopping Centre. Public transport is easily accessible, with bus routes on Grand Junction Road and Tolley Road, providing a convenient 20-minute (approx.) commute to the city. Hope Valley is a family-friendly suburb, offering proximity to schools, TAFE, recreational parks, and local shopping, including the popular Tea Tree Plaza mall.
Hope Valley strikes a balance between serene suburban living and urban convenience. Families enjoy its welcoming community, while diverse housing options cater to a range of preferences and budgets. The area's lush parks and peaceful reserves offer plenty of opportunities for outdoor activities, from leisurely walks to more adventurous hikes.
With ongoing development and growth, Hope Valley represents a strong investment opportunity, making it an ideal place to settle. Experience the blend of suburban tranquility and urban accessibility that Hope Valley offers.
Take the first step toward realizing your dream home and seize the potential of this exceptional land parcel. Your journey to a vibrant and fulfilling future begins here!
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the Ray White Adelaide City office (2/127 Hutt Street, Adelaide) for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Property Details for 5 Parilla Ave, Hope Valley

Building Type
Land
Land Size
351m2

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About Hope Valley 5090

The size of Hope Valley is approximately 5.1 square kilometres. It has 23 parks covering nearly 35% of total area. The population of Hope Valley in 2011 was 7,639 people. By 2016 the population was 7,885 showing a population growth of 3.2% in the area during that time. The predominant age group in Hope Valley is 60-69 years. Households in Hope Valley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hope Valley work in a professional occupation. In 2011, 67.9% of the homes in Hope Valley were owner-occupied compared with 65.2% in 2016.

Hope Valley has 3,300 properties. Over the last 5 years, Houses in Hope Valley have seen a 89.83% increase in median value, while Units have seen a 101.51% increase. As at 31 October 2024:

  • The median value for Houses in Hope Valley is $789,451 while the median value for Units is $542,701.
  • Houses have a median rent of $580 while Units have a median rent of $445.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Hope valley on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Hope valley.

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