SOLD
Sold on 27 Mar 2024 for $450,000

425/9 Paxtons Walk
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 72m2
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Property Details for 425/9 Paxtons Walk, Adelaide

425/9 Paxtons Walk, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 72m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
75m2
Land Size
72m2
Local Government
Adelaide
Lot/Plan
F425/C23946

Last Listing description (February 2024)

Located in the heart of Adelaide City, this two-bedroom unit at the Palais Complex on Paxton?s Walk is in a desirable location between North Terrace and Rundle Street. This great opportunity would suit investors or first home buyers alike.

Featuring:
- Two generous sized bedrooms with built in robes and desks

- Tiled kitchen with glass splash back and ample storage, island bench and dishwasher, open plan to generous living and meals area
- White tiled bathroom provides shower, vanity, and separate toilet
- Reverse cycle air-conditioning

- Laundry facilities

- Rental potential $420 per week approx
- Secure swipe card access into the building and dedicated lock up underground private car park

With trams and bus stops right out the front and walking distance to Adelaide University, University of SA, Rundle Street and Rundle Mall, this property represents an excellent lifestyle opportunity/investment not to be missed.

Welcome to apartment 425/9 Paxton?s Walk, Adelaide

(You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.)

Property History for 425/9 Paxtons Walk, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$450,000
27 Mar 2024
  • 27 Mar 2024
    Sold for $450,000
  • 05 Feb 2024
    Listed for Sale Not Disclosed
  • 08 Nov 2007
    Sold for $406,500

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,717 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:

  • The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
  • Houses have a median rent of $610 while Units have a median rent of $580.
There are currently 182 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 993 properties were sold in the past 12 months in Adelaide.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.