1 Victoria StreetAlbert Park SA 5014
Property Details for 1 Victoria St, Albert Park
1 Victoria St, Albert Park is a 11 bedroom, 6 bathroom House with 5 parking spaces and was built in 1920. The property has a land size of 374m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Last Listing description (March 2018)
Currently configured as 5 x 2 bedroom and 1 x 1 bedroom this standard single title two level group of brick and tile units are located close the Port Adelaide CBD and enjoy a steady income for their owner.
The tenants are long term and the vacancy rates have been very low. With some internal refurbishment the rents could be improved to see the yields lifted. Courtyards could be allocated and individual titling could be an explored.
A sound real estate investment with uplift options built in.
Current Rents $62,290.00 pa
Council Rates pa $4,055.00
Water Rates $1,386.89
Insurance pa $828.55
Frank Azzollini 0419 849 037
RLA175322
Property History for 1 Victoria St, Albert Park, SA 5014
- 29 Sep 2017Sold for $489,000
- 06 Apr 2017Listed for Sale Contact Agent
- 31 Jul 2010Listed for Rent - Price not available
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0About Albert Park 5014
The size of Albert Park is approximately 0.9 square kilometres. It has 1 park. The population of Albert Park in 2011 was 1,475 people. By 2016 the population was 1,727 showing a population growth of 17.1% in the area during that time. The predominant age group in Albert Park is 50-59 years. Households in Albert Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albert Park work in a clerical occupation. In 2011, 66.3% of the homes in Albert Park were owner-occupied compared with 65.8% in 2016.
Albert Park has 914 properties. Over the last 5 years, Houses in Albert Park have seen a 93.45% increase in median value, while Units have seen a 104.94% increase. As at 31 October 2024:
- The median value for Houses in Albert Park is $817,625 while the median value for Units is $560,387.
- Houses have a median rent of $565 while Units have a median rent of $255.
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