OFF MARKET

62 Australian Avenue
Clovelly Park SA 5042

Bedrooms: 2
Bathrooms: 1
Car spaces: 5
Floor area: 107m2
Land area: 742m2
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Last updated 11 Nov 2024
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Property Details for 62 Australian Ave, Clovelly Park

62 Australian Ave, Clovelly Park is a 2 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 1970. The property has a land size of 742m2 and floor size of 107m2.

Building Type
Unit
Year Built
1970
Floor Size
107m2
Land Size
742m2
Local Government
Marion

Last Listing description (April 2020)

INSPECTION BY PRIVATE APPOINTMENT OR VIRTUAL TOUR OR HOME LIVE EXPERIENCES

In response to recent announcements and regulations regarding inspections and auctions, we are delighted to invite you to view this stunning residence by private appointment, a virtual video tour or via the Home LIVE inspection app. TURNER Real Estate have implemented hygiene policies for any private inspections.

We sincerely hope that you will explore this exciting opportunity with us and look forward to speaking to you shortly.
We thank you for your assistance and understanding.


For those astute investors looking for a dual income property, look no further.
This property is situated on a large parcel of land consisting of 742m2 with a frontage of 17.37 meters to Australian Avenue.
Currently both the units are empty however both were being rented out as two separate units.
Both units have two bedrooms, split system air conditioning and are clean, neat and tidy.
The expected rental return would be $TBA for each one.
If you are looking for a property to buy now and redevelop later, this one is a real winner as there is a great rental return available immediately. Close to schools, shopping and public transport you certainly wont have a problem in renting these out.
Great rental return on a great block in a great spot. This one is certainly worth a look.

CT / Vol 5882 / Fol 647
Title/ Torrens
Equivalent Building Area / 96m2 approx
Land Size / 741m2
Council / City of Marion
Council Rates / $TBA p.a.
Water & Sewer / $TBA p.q.
ESL / $TBA p.a.
Zoning / Residential

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Speak to TURNER Property Management about managing this property and TURNER FINANCE for your loan requirements #expectmore

Property History for 62 Australian Ave, Clovelly Park, SA 5042

A timeline of how this property has performed in the market
  • 17 Feb 2020
    Listed for Sale Contracted at Auction

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About Clovelly Park 5042

The size of Clovelly Park is approximately 1 square kilometres. It has 6 parks covering nearly 4.7% of total area. The population of Clovelly Park in 2011 was 2,972 people. By 2016 the population was 3,254 showing a population growth of 9.5% in the area during that time. The predominant age group in Clovelly Park is 20-29 years. Households in Clovelly Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clovelly Park work in a professional occupation. In 2011, 62.5% of the homes in Clovelly Park were owner-occupied compared with 60.3% in 2016.

Clovelly Park has 1,570 properties. Over the last 5 years, Houses in Clovelly Park have seen a 85.21% increase in median value, while Units have seen a 86.27% increase. As at 31 October 2024:

  • The median value for Houses in Clovelly Park is $839,591 while the median value for Units is $586,127.
  • Houses have a median rent of $630 while Units have a median rent of $430.
There are currently 4 properties listed for sale, and no properties listed for rent in Clovelly park on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Clovelly park.

Suburb Insights for Clovelly Park 5042

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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.