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Sold on 07 Aug 2024 - Price Unavailable

7/64 Forest Avenue
Black Forest SA 5035

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
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Property Details for 7/64 Forest Ave, Black Forest

7/64 Forest Ave, Black Forest is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Black Forest in the last 12 months.

Building Type
Unit
Floor Size
80m2

Last Listing description (August 2024)

This affordable upstairs 2-bedroom unit presents a great opportunity to add to, or start, your property portfolio.
The popular inner-city suburb of Black Forest is renowned for its convenient accessibility to the CBD, Shopping, Universities, and the Glenelg Beach. Trams, buses, and trains are close by ensuring high tenant demand and a secure long term rental income stream.
The unit features a recently renovated bathroom with laundry facilities, well-appointed kitchen, small rear balcony, and a good size lounge. Both bedrooms have built-in mirror robes, and the lounge has reverse cycle split system air conditioning.

The unit is rented until 22nd of May 2025 at $330 per week with the very strong potential to increase the rent at the expiration of the current fixed term lease.

Here's your chance!
Make it yours.

Property History for 7/64 Forest Ave, Black Forest, SA 5035

A timeline of how this property has performed in the market
Last Sold
07 Aug 2024
  • 29 Aug 2024
    Sold for $425,000

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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 952 properties. Over the last 5 years, Houses in Black Forest have seen a 96.72% increase in median value, while Units have seen a 63.29% increase. As at 31 October 2024:

  • The median value for Houses in Black Forest is $1,479,053 while the median value for Units is $559,828.
  • Houses have a median rent of $745 while Units have a median rent of $450.
There are currently 2 properties listed for sale, and 1 property listed for rent in Black forest on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Black forest.

Suburb Insights for Black Forest 5035

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Contact agent
Stephen Ring
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Kym Welford
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Ring Partners - Bellevue Heights (RLA 1548)
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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.