OFF MARKET

3/12 Swinton Close
Christie Downs SA 5164

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 36m2
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Property Details for 3/12 Swinton Cl, Christie Downs

3/12 Swinton Cl, Christie Downs is a 1 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 36m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2008
Land Size
36m2
Local Government
Onkaparinga
Lot/Plan
F3/C26734

Last Listing description (May 2024)

Please contact Andrew Robey for all your property advice.

INVESTORS URGENT ATTENTION!!!
GORGEOUS INVESTMENT UNIT OFFERING THE HIGHEST RENT YIELD IN THE WHOLE OF ADELAIDE!!

Currently tenanted at $245 a week til 2/7/2024

BRILLIANT FOR INVESTORS giving a low-entry level; immediate income & basically a 'set and forget' option!

Having its own individual Community Title, all already tenanted to an amazing tenant on secure residential lease ( $245pw), giving you IMMEDIATE INCOME FROM DAY ONE.

The Estate is meticulously maintained and is highly popular among mature aged tenants who are seeking the security of a long term rental. In fact, the entire complex is FULLY RENTED with a WAITING LIST.

Enjoying the high rental; the positive gearing' returns; the low-risk investment and the set and forget opportunity! Not to mention how great it makes them feel to be providing much needed affordable rental accommodation for our mature aged community where private rentals do not give them the long-term security they need.

SEVERAL OF THESE INVESTORS HAVE RETURNED TO BUY EVEN MORE! ONE INVESTOR FAMILY NOW ACTUALLY OWN 11 UNITS BETWEEN THEM!!

Here's a quote from one of these investors, a retired couple who purchased 3 units

"These investments are more solid and far less risk than the super funds we were in & offer a far higher return than having our money in term deposit. The community needs these types of complexes we're glad to be involved".
QUICK FACTS:
* Built in 2004, well established, beautifully maintained complex, set on 1.5 acres of manicured gardens
* Rents average $235pw, make these great 'positive-gearing' investments.
* All units are already leased to respectful, long term tenants on renewable 12 month fixed leases giving rental income from Day One (Bonds held by Residential Tenancies)
* Each unit is on its own Community Title (you own the land too)and only responsible for repairs & maintenance on your OWN unit, no others!
* One bedroom with large ensuite, (with laundry facilities); lounge, galley kitchen, rear private courtyard garden

INVESTORS: MAKE YOUR PRIVATE APPOINTMENT WITH AGENT TO HAVE A TOUR OF THE COMPLEX. (Please do not arrive to wander through yourself as this is private property and appointment with selling agent is necessary)

Property History for 3/12 Swinton Cl, Christie Downs, SA 5164

A timeline of how this property has performed in the market
Last Sold
$160,000
15 Aug 2023
Listed for Rent
$345/w
10 Sep 2014
  • 15 Aug 2023
    Sold for $160,000
  • 30 Jun 2023
    Listed for Sale Not Disclosed
  • 30 Oct 2015
    Sold for $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 2,179 properties. Over the last 5 years, Houses in Christie Downs have seen a 129.97% increase in median value, while Units have seen a 96.64% increase. As at 31 October 2024:

  • The median value for Houses in Christie Downs is $627,780 while the median value for Units is $497,905.
  • Houses have a median rent of $505 while Units have a median rent of $288.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Christie downs on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Christie downs.

Suburb Insights for Christie Downs 5164

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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.