SOLD
Sold on 01 Feb 2024 for $1,515,000

1/165 Main Road
Blackwood SA 5051

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 945m2
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Property Details for 1/165 Main Rd, Blackwood

Building Type
Commercial
Land Size
945m2
Local Government
Mitcham
Lot/Plan
A23/D1423

Last Listing description (November 2023)

For Sale $1,545,000 - Yield 5.5%

- 2 EXCELLENT TENANCIES ON LONG TERM LEASES

- VALUABLE OFF-STREET CARPARKING AVAILABLE
- SITE AREA 934m2
- IDEAL FOR INVESTORS, SMALL SUPER FUNDS
- GROWTH PRECINCT
- NET INCOME $85,000pa


For further details or to organise a time to inspect please contact Gary Taplin 0412 824 575

Property History for 1/165 Main Rd, Blackwood, SA 5051

A timeline of how this property has performed in the market
Last Sold
$1,515,000
01 Feb 2024
  • 01 Feb 2024
    Sold for $1,515,000
  • 13 Oct 2023
    Listed for Sale $1,545,000
  • 27 Aug 2014
    Sold for $814,000
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About Blackwood 5051

The size of Blackwood is approximately 4.2 square kilometres. It has 15 parks covering nearly 24.4% of total area. The population of Blackwood in 2011 was 4,052 people. By 2016 the population was 4,169 showing a population growth of 2.9% in the area during that time. The predominant age group in Blackwood is 50-59 years. Households in Blackwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackwood work in a professional occupation. In 2011, 81.8% of the homes in Blackwood were owner-occupied compared with 80.5% in 2016.

Blackwood has 2,115 properties. Over the last 5 years, Houses in Blackwood have seen a 85.44% increase in median value, while Units have seen a 84.00% increase. As at 31 October 2024:

  • The median value for Houses in Blackwood is $1,049,036 while the median value for Units is $562,742.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Blackwood on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Blackwood.

Suburb Insights for Blackwood 5051

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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.