SOLD
Sold on 11 Jun 2024 for $582,000

5/312 Mount Barker Road
Aldgate SA 5154

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 97m2
Land area: 112m2
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Property Details for 5/312 Mount Barker Rd, Aldgate

Building Type
Commercial
Year Built
1955
Floor Size
97m2
Land Size
112m2
Local Government
Adelaide Hills
Lot/Plan
U5/S7965

Last Listing description (September 2020)

Why have your money in the bank in the minute ? This low maintenance, easy care property has a fixed lease until 2023, with a further right of renewal for 5 years to the Salvos and currently offers a 5% return. The strata unit is an open front shop area with kitchen & toilet facilities at the rear. An internal wall has been opened with the adjoining strata owner to create a larger retail area with the proviso at the end of any current lease the wall would need to be re in- state by the current tenant. This strata group has an excellent mix of tenants with ample parking, and great passing traffic between Aldgate & Bridgewater. Selling Now Until 10/12/19 (unless sold prior) RLA 354

Property History for 5/312 Mount Barker Rd, Aldgate, SA 5154

A timeline of how this property has performed in the market
Last Sold
$582,000
11 Jun 2024
  • 11 Jun 2024
    Sold for $582,000
  • 29 Oct 2021
    Sold for $280,000
  • 25 Oct 2019
    Listed for Sale $290,000 - $310,000
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About Aldgate 5154

The size of Aldgate is approximately 8.1 square kilometres. It has 18 parks covering nearly 6.4% of total area. The population of Aldgate in 2011 was 3,200 people. By 2016 the population was 3,345 showing a population growth of 4.5% in the area during that time. The predominant age group in Aldgate is 60-69 years. Households in Aldgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aldgate work in a professional occupation. In 2011, 90% of the homes in Aldgate were owner-occupied compared with 92.1% in 2016.

Aldgate has 1,442 properties. Over the last 5 years, Houses in Aldgate have seen a 79.00% increase in median value. As at 30 November 2024:

  • The median value for Houses in Aldgate is $1,317,436 while the median value for Units is $688,289.
  • Houses have a median rent of $650.
There are currently no properties listed for sale, and no properties listed for rent in Aldgate on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Aldgate.

Suburb Insights for Aldgate 5154

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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.