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Sold on 08 Nov 2024 for $1,048,000

523 Grenfell Road
Banksia Park SA 5091

Bedrooms: 5
Bathrooms: 3
Car spaces: 8
Floor area: 217m2
Land area: 1459m2
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Property Details for 523 Grenfell Rd, Banksia Park

523 Grenfell Rd, Banksia Park is a 5 bedroom, 3 bathroom House with 8 parking spaces. The property has a land size of 1459m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 5 bedroom House sold in Banksia Park in the last 12 months.

Building Type
House
Floor Size
217m2
Land Size
1459m2
Local Government
Tea Tree Gully
Lot/Plan
A3/D14981

Last Listing description (November 2024)

Welcome to 523 Grenfell Road, Banksia Park. A traditional home brimming with promise, nestled within a serenely calm environment. This property is an opportunity just waiting to be transformed. It's a residence in need of that tender loving care, a little polish and refinement, to bring out the shine obscured by time.

This five-bedroom domicile is an ideal fit for families seeking room to grow, investors looking to add to their portfolio, or professionals craving for a tranquil retreat after a long day. It's an opportunity to reside in a vibrant, well-established suburb that has been carefully preserved over the years.

523 Grenfell Road is a multi-level home offering myriad living spaces. The property flaunts a flexible floorplan ensuring there is room for everyone. Formal living areas co-exist in harmony with open-plan spaces, creating an array of options for relaxation or entertainments. Each bedroom is spacious and offers built-in or walk-in robes, ensuring plenty of storage. The master suite comes with an ensuite bathroom, providing a personal retreat within the retreat.

The charm of the original shaker kitchen opens up to the main living areas, a design concept that encourages family interaction and participation. Loaded with large bay windows, the residence is awash with natural light, casting a warm glow on the carpet and tiled floors.

The outdoor space is as inviting as the interior, with a pergola and a tennis court beckoning for outdoor fun and enjoyment. A large shed provides extra storage, and the substantial parking space accommodates up to eight cars.

Living at 523 Grenfell Road means having easy access to quality education. The property is within walking distance of Banksia International High School, Banksia Park Primary, St David's Catholic School, Banksia Park School R-6, Fairview Park P.S, and Ridgehaven P.S. Local parks, shopping centres, and public transport services are all readily accessible, underscoring the convenience of this location.

Take a look at some of the extra features this property has to offer:

- Parking for up to 8 cars
- Built-in robes in each bedroom
- A walk-in robe in the master suite
- Huge dining & living spaces
- A large shed for extra storage
- Cellar
- Split systems through-out
- A private tennis court
- A separate laundry

This is a unique offering and we expect plenty of interest. So, don't delay! Secure this traditional beauty and let your creativity bring out its full potential.

To find out more contact Nicholas Bucco on 0431 197 972 or Paul Radice on 0414 579 011.

***The property is being offered to the market by way of Auction. The vendors are not releasing a price guide to the market.
We will be providing recent sales data for the area which is available upon request via email or at the open inspection.***

The vendor statement may be inspected at 129 Commercial Road, Port Adelaide for 3 consecutive days preceding the auction and at the auction for 30 minutes before it starts.

Specifications:-
CT / Volume 6128 Folio 655
Council / Tea Tree Gully
Zoning / General Neighbourhood
Internal / 217 m2 (approx.)
Land / 1459 m2 (approx.)
Council Rates / $TBA pa (approx.)
SA Water / $TBA pq (approx.)
ES Levy / $TBA pa (approx.)

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Property History for 523 Grenfell Rd, Banksia Park, SA 5091

A timeline of how this property has performed in the market
Last Sold
$1,048,000
08 Nov 2024
Listed for Rent
$550/w
25 Jan 2018
  • 08 Nov 2024
    Sold for $1,048,000
  • 24 Oct 2024
    Listed for Sale Auction Friday 8th of Nov 6:00pm On-Site
  • 02 Jan 2018
    Listed for Rent $550 / week
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About Banksia Park 5091

The size of Banksia Park is approximately 2.8 square kilometres. It has 12 parks covering nearly 11.7% of total area. The population of Banksia Park in 2011 was 3,237 people. By 2016 the population was 3,262 showing a population growth of 0.8% in the area during that time. The predominant age group in Banksia Park is 30-39 years. Households in Banksia Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banksia Park work in a professional occupation. In 2011, 89.1% of the homes in Banksia Park were owner-occupied compared with 88.6% in 2016.

Banksia Park has 1,435 properties. Over the last 5 years, Houses in Banksia Park have seen a 87.93% increase in median value. As at 31 October 2024:

  • The median value for Houses in Banksia Park is $771,268 while the median value for Units is $734,248.
  • Houses have a median rent of $550.
There are currently 6 properties listed for sale, and no properties listed for rent in Banksia park on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Banksia park.

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Nicholas Bucco
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Paul Radice
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