Maryvale RoadAthelstone SA 5076
Property Details for 2 Maryvale Rd, Athelstone
Last Listing description (September 2024)
RWC Adelaide together with Burgess Rawson are pleased to present to market 2 Maryvale Road, Athelstone, offered for sale by Expression of Interest.
• Well-located in the northeastern suburbs of Adelaide, some 11km* from the Adelaide CBD
• Prominent positioning within a significant schooling precinct, situated amongst 11 schools within a 3km* radius, servicing a combined 10,200+ students
• Premium purpose built childcare centre for 103 LDC places, offering strong depreciation benefits
• Long term lease to Children First Early Education, an established operator in collaboration with sister network, Imagine Childcare. Together they boast a growing national childcare network of over 32 centres
• Estimated net income of $337,893 per annum plus GST, with fixed 3% annual rental increase
• No stamp duty payable
*Approx
For Sale by Private Treaty asking $5,800,000.
Property History for 2 Maryvale Rd, Athelstone, SA 5076
- 04 Oct 2024Sold for $5,500,000
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About Athelstone 5076
The size of Athelstone is approximately 6.2 square kilometres. It has 28 parks covering nearly 33.5% of total area. The population of Athelstone in 2011 was 9,258 people. By 2016 the population was 9,157 showing a population decline of 1.1% in the area during that time. The predominant age group in Athelstone is 50-59 years. Households in Athelstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Athelstone work in a professional occupation. In 2011, 86.1% of the homes in Athelstone were owner-occupied compared with 85.1% in 2016.
Athelstone has 4,361 properties. Over the last 5 years, Houses in Athelstone have seen a 78.53% increase in median value, while Units have seen a 95.50% increase. As at 30 November 2024:
- The median value for Houses in Athelstone is $974,563 while the median value for Units is $656,126.
- Houses have a median rent of $600 while Units have a median rent of $363.
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