OFF MARKET

2 Clare Lane
Andrews Farm SA 5114

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 90m2
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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.

Building Type
Townhouse
Year Built
2010
Floor Size
76m2
Land Size
90m2
Local Government
Playford
Lot/Plan
F1354/C25943

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

A timeline of how this property has performed in the market
Last Sold
$220,000
12 Sep 2022
Listed for Rent
$235/w
25 Jan 2017
  • 12 Sep 2022
    Sold for $220,000
  • 04 Aug 2022
    Listed for Sale $215,000 - $220,000
  • 07 Sep 2010
    Sold for $62,000

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About 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 4,270 properties. Over the last 5 years, Houses in Andrews Farm have seen a 125.68% increase in median value, while Units have seen a 127.49% increase. As at 31 October 2024:

  • The median value for Houses in Andrews Farm is $585,041 while the median value for Units is $483,303.
  • Houses have a median rent of $540 while Units have a median rent of $425.
There are currently 21 properties listed for sale, and 12 properties listed for rent in Andrews farm on OnTheHouse. According to CoreLogic's data, 439 properties were sold in the past 12 months in Andrews farm.

Suburb Insights for Andrews Farm 5114

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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.