OFF MARKET

2/12 Swinton Close
Christie Downs SA 5164

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 36m2
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Property Details for 2/12 Swinton Cl, Christie Downs

2/12 Swinton Cl, Christie Downs is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 36m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2008
Floor Size
36m2
Land Size
36m2
Local Government
Onkaparinga
Lot/Plan
F2/C26734

Last Listing description (April 2015)

NEARLY ALL GONE! HURRY TO GRAB THE LAST TWO!!
GORGEOUS INVESTMENT UNITS RETURNING 8% GROSS RENTAL YIELD! THAT'S THE HIGHEST IN THE ENTIRE METRO AREA IN ADELAIDE!! BETTER THAN BANK INTEREST!!!! ONLY TWO UNITS NOW LEFT TO PURCHASE IN STAGE TWO RELEASE! WORD WAS OUT AND PREVIOUS BUYERS FLOCKED BACK TO GRAB THESE BEFORE THEY HIT THE MARKET!!! STAGE ONE RELEASE was already a SELL-OUT before it's official public launch! Word got out that this was coming up and previous investors returned, wanting to beat the rush and get in early to add more of these to their portfolio. ALL 14 UNITS SCHEDULED FOR STAGE 1 RELEASE WERE ALL GONE WITHIN A FEW DAYS!! Only TWO now remain in STAGE 2 (batch of 10 units) Each unit purchase will receive a generous $5,000 cash-back gift to buyer following settlement. For buyers who wish to purchase multiple units, extra incentives apply. So what's it all about? Why are these already so popular before they've even launched? ** WATCH THE VIDEO** Over the past months, we have released similar investment units at a sister Estate in nearby Hackham. There were over 65 units available for sale and each stage was snapped up in a matter of hours by investors. They are to this day, raving about the high rentals; the positive gearing returns; the low-risk investment an the set and forget opportunity! Not to mention how great it makes them feel to be providing much needed, affordable accommodation for our senior community in need. CHRISTIES ESTATE Each of the 48 units coming up for sale in the next months will be released in batches (Stages) for sale with cash-back rewards offered on each release STAGE 1 - 14 units - offering $6,000 cashback incentive - ALREADY A SELL-OUT BEFORE PUBLIC RELEASE!! STAGE 2 - 10 units - offering $5,000 cashback incentive - SELLING NOW!!! ONLY TWO REMAIN!! STAGE 3 - 10 units - offering $4,000 cashback incentive - LAUNCHING IN MID 2015 STAGE 4 - 14 units - offering $3,000 cashback incentive EXTRA INCENTIVES APPLY FOR BUYERS PURCHASING MULTIPLE UNITS. Christies Estate is in a prime position adjacent to Colonnades and is a fabulous entry-level opportunity for investors to pruchase a securely tenanted unit giving rental income from Day One. The Estate is highly popular among mature aged tenants who are seeking long term rental accommodation and the complex is already at full occupancy with a waiting list growing each week. HOWEVER BUYERS, DON'T GET CONFUSED! Just because our preference is to rent predominantly to mature aged people (who do make exceptional tenants!), does not mean this complex is a traditional Retirement Village setup. Far from it! Retirement Villages run under different Government legislation and the financials, legal structure and ownership are all VASTLY, VASTLY DIFFERENT! Buying a unit here at Christies is NO DIFFERENT TO BUYING ONE IN A STREET NEAR YOU due to the independent Community Titles on each of the properties. BRILLIANT FOR FIRST TIME INVESTORS giving a low-entry level; immediate income and basically a 'set and forget' option! * Rents vary from $220pw to $225pw - making these great 'positive-gearing' investments (if borrowing at 5% or less) * High 8% gross rent yield - the highest in metro Adelaide * Solid 5% NET yield after property outgoings * All 48 units are already leased to respectful, long term tenants on renewable 12 month fixed leases giving rental income from Day One * Generous cashback gifts of $5,000 apply to every unit purchased in Stage 2 Release. This comes as a cheque back to you following settlement. Buy two units and receive $11,000 * Built in 2003/04, this is a well established, beautifully maintained complex on 1.5 acres of manicured gardens * Each unit is on its own CommunityTitle (you own the land too) * All one bedroom with large ensuite, (with laundry facilities); lounge, galley kitchen, rear private courtyard garden There is a high demand for such affordable and secure rental units among our mature aged population. WATCH THE VIDEO!! The $145,000 purchase price is exceptional value and offers the highest rent yield in the metro area! You would normally have to purchase an investment property for around $240,000 to equal the $220 pw rent return on offer here!! SO HURRY EVERYONE!! LAST TWO UNITS IN STAGE TWO OFFER $5,000 CASHBACK!! THE NEXT STAGE RELEASE WILL NOT BE TILL JUNE/JULY AND OFFERS A REDUCED CASHBACK.

Property History for 2/12 Swinton Cl, Christie Downs, SA 5164

A timeline of how this property has performed in the market
Last Sold
$160,000
14 Apr 2022
  • 14 Apr 2022
    Sold for $160,000
  • 30 May 2016
    Sold for $145,000
  • 11 Apr 2015
    Listed for Sale $145,000
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About Christie Downs 5164

The size of Christie Downs is approximately 3.2 square kilometres. It has 17 parks covering nearly 13.5% of total area. The population of Christie Downs in 2011 was 5,134 people. By 2016 the population was 5,285 showing a population growth of 2.9% in the area during that time. The predominant age group in Christie Downs is 60-69 years. Households in Christie Downs are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Christie Downs work in a trades occupation. In 2011, 50.5% of the homes in Christie Downs were owner-occupied compared with 48.8% in 2016.

Christie Downs has 2,188 properties. Over the last 5 years, Houses in Christie Downs have seen a 131.08% increase in median value, while Units have seen a 156.80% increase. As at 28 February 2025:

  • The median value for Houses in Christie Downs is $640,031 while the median value for Units is $596,585.
  • Houses have a median rent of $520 while Units have a median rent of $288.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Christie downs on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Christie downs.

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.