SOLD
Sold on 23 Aug 2024 for $527,000

10/53 Stuart Road
Dulwich SA 5065

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Sold By
Toop & Toop Norwood
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Property Details for 10/53 Stuart Rd, Dulwich

10/53 Stuart Rd, Dulwich is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Dulwich in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
61m2
Local Government
Burnside
Lot/Plan
U10/S6663

Last Listing description (September 2024)

Best Offers By Tuesday 30th July By 2PM (USP)

Step into 10/53 Stuart Road, located in the picturesque suburb of Dulwich, where contemporary design meets functional living. This inviting unit boasts 2 spacious bedrooms, offering an abundance of natural light throughout. Perfectly blending style with practicality, this property is an ideal setting for both relaxation and entertaining.

Upon entering, you'll be greeted by an open plan kitchen and living area that fosters a warm and inclusive atmosphere. The kitchen is a true standout, with its large bench and breakfast bar, adorned with ample storage and cabinetry. It's a chef's dream, offering plenty of workspaces and modern appliances. The feature pendant light adds a touch of elegance to the setting, mirroring the home's modern aesthetic.

The master bedroom is generously sized, complemented by built-in robes that provide ample storage space, while the second bedroom offers versatility, ready to be transformed into a home office or guest room. Split system air conditioning ensures year-round comfort.

The updated bathroom exudes sophistication with sleek fittings and a spacious walk-in shower. Additionally, the space for a washer and dryer adds to the convenience of urban living.

Step outside and you'll realise why location is everything. Situated walking distance from Dulwich Village, you'll have boutiques, cafes, and all necessary amenities at your doorstep. Burnside Village is also nearby, offering further options for shopping and dining. Public transport options are plentiful, providing easy access to the Adelaide CBD and surrounding areas, adding to the appeal for commuters.

From a financial perspective, the property's low maintenance characteristics make it an ideal set-and-forget investment. The combination of its location, modern amenities, and the ongoing demand for rental properties in Dulwich positions 10/53 Stuart Road as a strategic addition to any investment portfolio. Investors will appreciate the potential for solid capital growth and an attractive gross rental yield of approximately 5.4%.

FEATURES WE LOVE:
- Attractive gross yield of approximately 5.4%
- Open-plan kitchen and living
- Updated bathroom with modern fixtures
- Large kitchen bench and breakfast bar
- Ample storage space and cabinetry
- Ample natural sunlight
- Split system air conditioning
- Walking distance to Dulwich Village and Burnside Village

SCHOOLS:
The property is ideally located within the catchment area for two highly sought-after schools. It is zoned for the much-esteemed Rose Park Primary School, renowned for its excellent education culture. Additionally, it also falls within the zone for Marryatville High School, known for its robust academic curriculum and diverse range of extracurricular activities.

This home is truly a gem, harmonising contemporary flair with everyday practicality, making it an ideal choice for discerning buyers and investors.

Property History for 10/53 Stuart Rd, Dulwich, SA 5065

A timeline of how this property has performed in the market
Last Sold
$527,000
23 Aug 2024
Listed for Rent
$280/w
17 Jul 2017
  • 23 Aug 2024
    Sold for $527,000
  • 10 Jul 2024
    Listed for Sale Not Disclosed
  • 28 Jun 2017
    Listed for Rent $280 / week
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About Dulwich 5065

The size of Dulwich is approximately 0.6 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Dulwich in 2011 was 1,640 people. By 2016 the population was 1,696 showing a population growth of 3.4% in the area during that time. The predominant age group in Dulwich is 40-49 years. Households in Dulwich are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Dulwich work in a professional occupation. In 2011, 66.5% of the homes in Dulwich were owner-occupied compared with 66.4% in 2016.

Dulwich has 849 properties. Over the last 5 years, Houses in Dulwich have seen a 87.29% increase in median value, while Units have seen a 65.34% increase. As at 30 September 2024:

  • The median value for Houses in Dulwich is $2,041,127 while the median value for Units is $569,236.
  • Houses have a median rent of $750 while Units have a median rent of $420.
There are currently 2 properties listed for sale, and 1 property listed for rent in Dulwich on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Dulwich.

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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.