SOLD
Sold on 04 Mar 2024 for $1,100,000

639 South Road
Black Forest SA 5035

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1087m2
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Property Details for 639 South Rd, Black Forest

Building Type
Commercial
Year Built
1900
Land Size
1087m2
Local Government
Unley
Lot/Plan
A3/D4050

Last Listing description (November 2023)

- Character office/residential villa of 295 square metres*
- Substantial land area of 1,087 square metres*
- Generous on-site car parking

- Dual access via South Road and private lane off Forest Avenue
- Offered with vacant possession
- Zoned Housing Diversity Neighbourhood
- Ideal for office/residential use

For sale by Best Offers over $1,000,000 with a closing date on Thursday 23 November 2023 at 4pm.

For further details or to arrange an inspection of 639 South Road, Black Forest contact Yee Ng or James Juers of McGees Property (RLA 1722).

(* approx. Any outlines indicative only)

Property History for 639 South Rd, Black Forest, SA 5035

A timeline of how this property has performed in the market
Last Sold
$1,100,000
04 Mar 2024
Listed for Rent
$767/w
27 Jan 2021
  • 04 Mar 2024
    Sold for $1,100,000
  • 20 Oct 2023
    Listed for Sale For Sale by Best Offers by 23 November 2023
  • 29 May 2020
    Listed for Rent $40,000 / year
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About Black Forest 5035

The size of Black Forest is approximately 0.7 square kilometres. It has 2 parks covering nearly 2.1% of total area. The population of Black Forest in 2011 was 1,998 people. By 2016 the population was 1,925 showing a population decline of 3.7% in the area during that time. The predominant age group in Black Forest is 20-29 years. Households in Black Forest are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Black Forest work in a professional occupation. In 2011, 61.2% of the homes in Black Forest were owner-occupied compared with 60.8% in 2016.

Black Forest has 954 properties. Over the last 5 years, Houses in Black Forest have seen a 81.82% increase in median value, while Units have seen a 58.50% increase. As at 30 September 2024:

  • The median value for Houses in Black Forest is $1,417,890 while the median value for Units is $543,762.
  • Houses have a median rent of $723 while Units have a median rent of $450.
There are currently 2 properties listed for sale, and 4 properties listed for rent in Black forest on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Black forest.

Suburb Insights for Black Forest 5035

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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.