OFF MARKET

7/229 Cross Road
Cumberland Park SA 5041

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 114m2
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Property Details for 7/229 Cross Rd, Cumberland Park

7/229 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 114m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1962
Floor Size
76m2
Land Size
114m2
Local Government
Mitcham
Lot/Plan
U7/S14460

Last Listing description (May 2021)

Approximately 40m away in a quiet location from Cross Road, facing leafy Hill Avenue this roomy 2 bedroom unit is sure to please. Currently leased to a wonderful long term tenant (periodic lease) paying $285pw and treating the home as he would his own, this property would be an ideal investment or first home.

The unit offers private, gated front yard including a carpark at your front door which is rarely seen in unit groups in this price range! Furthermore, a separate and individual laundry room means that the bathroom is larger than you'd expect.

Property Features:

-Split system A/C
-Gas cooktop
-Ceiling fan in master bedroom
-Laminate timber flooring
-Gated garden/entertaining space

Outgoings:
Council $1124.90 pa
Strata $146pq
Water $140.55pq
ESL $102.40pa

All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 7/229 Cross Rd, Cumberland Park, SA 5041

A timeline of how this property has performed in the market
Last Sold
$285,000
25 May 2021
Listed for Rent
$285/w
13 Jan 2015
  • 25 May 2021
    Sold for $285,000
  • 17 Mar 2021
    Listed for Sale SOLD - FOX
  • 18 Nov 2014
    Listed for Rent $285 / week
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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 1 property listed for rent in Cumberland park on OnTheHouse. According to CoreLogic's data, 40 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.