OFF MARKET

5/229 Cross Road
Cumberland Park SA 5041

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 73m2
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Property Details for 5/229 Cross Rd, Cumberland Park

5/229 Cross Rd, Cumberland Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 73m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1962
Floor Size
58m2
Land Size
73m2
Local Government
Mitcham
Lot/Plan
U5/S14460

Last Listing description (June 2021)

PLEASE CONTACT AGENT FOR INSPECTION OPPORTUNITIES DURING THE HOLIDAY PERIOD. This solid brick, light and secure upstairs unit, with leafy outlook to Hill Avenue, is an entry level opportunity in popular Cumberland Park. An affordable starter for first home buyers or a conveniently located addition to the investment portfolio, the property is well equipped and comfortable and ready to move straight in.

Comprising open plan kitchen with plenty of storage and integrated laundry facility, dining/living area with door to the east-facing balcony, neat modern bathroom and two bedrooms both with built-ins.

There is allocated carport parking, so leave the car at home, walk to local shopping and services or jump on the bus or train direct to the CBD. Students are just a short stroll from Cabra Dominican College, close to Unley High and central to the Universities of Adelaide, SA or Flinders. For fly-in-fly-out workers the airport is an easy commute.

Extras include fully ducted reverse cycle air conditioning, integrated laundry facility, Rinnai gas hot water service with electric ignition, gas cooking, security screen doors and outside blinds.

The unit is currently owner occupied allowing flexible settlement terms and has been recently assessed for rental at $280 - $300 per week.

OUWENS CASSERLY - MAKE IT HAPPEN
RLA 275403

Property History for 5/229 Cross Rd, Cumberland Park, SA 5041

A timeline of how this property has performed in the market
Last Sold
$265,000
12 Mar 2021
Listed for Rent
$185/w
23 Jun 2006
  • 12 Mar 2021
    Sold for $265,000
  • 30 Sep 2020
    Listed for Sale $265K
  • 08 May 2015
    Sold for $258,350
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About Cumberland Park 5041

The size of Cumberland Park is approximately 1 square kilometres. It has 1 park covering nearly 3% of total area. The population of Cumberland Park in 2011 was 2,484 people. By 2016 the population was 2,488 showing a population growth of 0.2% in the area during that time. The predominant age group in Cumberland Park is 40-49 years. Households in Cumberland Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cumberland Park work in a professional occupation. In 2011, 71.6% of the homes in Cumberland Park were owner-occupied compared with 71.4% in 2016.

Cumberland Park has 1,120 properties. Over the last 5 years, Houses in Cumberland Park have seen a 90.35% increase in median value, while Units have seen a 69.01% increase. As at 31 October 2024:

  • The median value for Houses in Cumberland Park is $1,373,757 while the median value for Units is $561,896.
  • Houses have a median rent of $680 while Units have a median rent of $450.
There are currently 5 properties listed for sale, and no properties listed for rent in Cumberland park on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Cumberland park.

Suburb Insights for Cumberland Park 5041

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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.