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Sold on 08 Oct 2024 for $350,000

5/9 Edison Road
Bedford Park SA 5042

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 59m2
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Property Details for 5/9 Edison Rd, Bedford Park

5/9 Edison Rd, Bedford Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 59m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Bedford Park in the last 12 months.

Building Type
Unit
Land Size
59m2
Local Government
Mitcham
Lot/Plan
U5/S2318

Last Listing description (October 2024)

The astute investor will recognise the fantastic opportunity to secure this exceptional tenanted unit in the ever-popular Bedford Park, which is brilliantly located on the city fringe and is returning a substantial rental of $375 per week.

Nicely positioned well back from the road in a group of six, this strata-titled first-floor unit will suit those looking for a prime-located, secure and low-maintenance property.

With timber-look vinyl flooring throughout, the open-plan lounge/ kitchen has an electric cooktop, oven, plenty of bench space, and overhead cupboards.

The unit offers front and rear balcony views, wall shelving, and reverse-cycle split system air conditioning. There's undercover parking for one car at the rear of the property.

The main bedroom at the front of the unit has a built-in robe, and a good-sized second bedroom is perfect for a children's/ guest room or study.

It is a 15-minute drive to the Adelaide city centre and close to facilities and public transport.

The property is within easy walking distance to Flinders University, the Tonsley redevelopment area, the new South Road Development and integrated public transport facilities.

Just down the road from Burnbank Playground Reserve and convenient to excellent shopping facilities at Marion and Pasadena.

The sale of this unit represents an outstanding opportunity to purchase a very well-located investment property.

What makes this property special?

• Excellent rental return
• Tenanted until mid-Feb 2025
• Built-in robe in the main bedroom
• Two good-sized bedrooms
• An open-plan living/ kitchen/ dining area
• A large bathroom/laundry
• Undercover car space
• Reverse-cycle split system air conditioning
• Convenient for public transport

Specifications:

CT | 5039/925
Built | 1971
Zoning | Urban Renewal Neighbourhood
Council Area | Mitcham
Council Rates | $1,383.75 p/a approx.
Emergency Services Levy | $89.05 p/a approx.
SA Water Supply | $78.60 p/q approx.
SA Water sewer | $86.95 p/q approx.
Strata Plan | 2318
Strata Manager | Strata Data
Strata Fees | $549.71 p/q approx.

You must not rely on information in this publication. Always seek independent advice.

Property History for 5/9 Edison Rd, Bedford Park, SA 5042

A timeline of how this property has performed in the market
Last Sold
$350,000
08 Oct 2024
Listed for Rent
$250/w
26 Jun 2010
  • 25 Oct 2024
    Sold for $350,000
  • 17 Sep 2024
    Listed for Sale Sold By Matt Kenny
  • 25 Mar 2017
    Listed for Sale $233,000 to $240,000
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About Bedford Park 5042

The size of Bedford Park is approximately 2.7 square kilometres. It has 6 parks covering nearly 8.7% of total area. The population of Bedford Park in 2011 was 1,836 people. By 2016 the population was 1,850 showing a population growth of 0.8% in the area during that time. The predominant age group in Bedford Park is 20-29 years. Households in Bedford Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bedford Park work in a professional occupation. In 2011, 53.8% of the homes in Bedford Park were owner-occupied compared with 42.9% in 2016.

Bedford Park has 680 properties. Over the last 5 years, Houses in Bedford Park have seen a 81.02% increase in median value, while Units have seen a 81.40% increase. As at 31 October 2024:

  • The median value for Houses in Bedford Park is $806,659 while the median value for Units is $504,528.
  • Houses have a median rent of $600 while Units have a median rent of $430.
There are currently 3 properties listed for sale, and 1 property listed for rent in Bedford park on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Bedford park.

Suburb Insights for Bedford Park 5042

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Contact agent
Matt Kenny
Show contact details
Ray White Mount Barker
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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.