174 President AvenueAndrews Farm SA 5114
Property Details for 174 President Ave, Andrews Farm
174 President Ave, Andrews Farm is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2011. The property has a land size of 503m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (June 2018)
Since construction this home has served as an excellent investment property. The owners have been blessed with great tenants and with very little maintenance required if it was not for the rent coming in every fortnight they would have almost forgot they owned it.
But, with a new chapter awaiting them they no longer require the lucrative taxable benefits that accompanied ownership of this modern villa style home. The depreciation that has been helpful at tax time, the rental return and outstanding yield have made this a real 'turnkey' investment that has been easy to own and has made the accountants job easier at tax time.
With the tenant deciding to move and retirement imminent it seemed a perfect time to bring the property to the market as this style of home is as popular with first home buyers and down sizes as it is with investors.
So if you are seeking a modern residence in the heart of this area that is enjoying a surge in construction and almost daily improvements in infrastructure and services that over the last 2 years have transformed this outer suburb into the epicentre of services as the Playford Alive development and surrounding area go from strength to strength.
Neat, sweet and complete this home is ready to move into or rent out from day one but there is scope to improve and make your own by applying finishing touches to put your personality into the home.
Located merely moments from the highly regarded St. Columbus College this property will prove popular with anyone seeking the best of modern amenities without blowing the budget.
Property History for 174 President Ave, Andrews Farm, SA 5114
- 30 Jun 2016Sold for $250,000
- 27 Nov 2015Listed for Sale $255,000 - $277,000
- 02 Nov 2015Listed for Rent - Price not available
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0About Andrews Farm 5114
The size of Andrews Farm is approximately 4 square kilometres. It has 24 parks covering nearly 9% of total area. The population of Andrews Farm in 2011 was 6,274 people. By 2016 the population was 8,039 showing a population growth of 28.1% in the area during that time. The predominant age group in Andrews Farm is 0-9 years. Households in Andrews Farm are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Andrews Farm work in a labourer occupation. In 2011, 62.9% of the homes in Andrews Farm were owner-occupied compared with 55.8% in 2016.
Andrews Farm has 4,217 properties. Over the last 5 years, Houses in Andrews Farm have seen a 124.42% increase in median value, while Units have seen a 127.83% increase. As at 30 September 2024:
- The median value for Houses in Andrews Farm is $577,049 while the median value for Units is $475,471.
- Houses have a median rent of $520 while Units have a median rent of $425.
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