2 Clare LaneAndrews Farm SA 5114
Property Details for 2 Clare Lane, Andrews Farm
2 Clare Lane, Andrews Farm is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2010. The property has a land size of 90m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (September 2022)
2 Clare Lane in Andrews Farm is a fantastic investment opportunity to add to your property portfolio. With rental demand still so high in Adelaide and positioned closely to many of the City of Playford's wonderful amenities, this home is sure to be popular and snapped up quickly.
This unit has a secure single garage on the ground floor with upstairs living. It features two bedrooms, stylish ensuite and kitchen, a balcony, and carpets throughout.
With current market trends, it would be expected to achieve around $300/week in rent, bringing the rate of return to around 6.5-7%(Approx.)!
Strata fees - $178/Quarter (Approx.)
Council rates - $379.60/Quarter (Approx.)
Water - $142.10/Quarter (Approx.)
For more information on this property, please contact:
Nick Bevan
0407 917 456
nick.bevan@harcourts.com.au
Dylan Pilkington
0422 063 142
dylan.pilkington@harcourts.com.au
Property History for 2 Clare Lane, Andrews Farm, SA 5114
- 12 Sep 2022Sold for $220,000
- 04 Aug 2022Listed for Sale $215,000 - $220,000
- 07 Sep 2010Sold for $62,000
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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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