5-7 Thomas StreetEdithburgh SA 5583
Property Details for 5-7 Thomas St, Edithburgh
5-7 Thomas St, Edithburgh is a 8 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 3613m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (July 2022)
This unique property is set in the heart of a lovely historic seaside township, currently earning $500 per week from 4 separate tenants.The potential is untapped, A SPACIOUS HOSTEL SITS VACANT, it is registered for 20 people, Backpacker style recreational accommodation, featuring a well-equipped kitchen, multiple bedrooms huge lounge and games rooms and lots more. In need of some minor TLC, the current owner just simply does not have the time, this presents an excellent opportunity for a new owner to greatly increase their income.Covid19 has caused many people to seriously consider the lifestyle and cost benefits of living in a regional community and as travel restrictions ease the tourists will flood back.Edithburgh is a thriving town on the southern side of Yorke Peninsula, just 2 and a half hours from Adelaide it is renowned for its hospitality and its excellent fishing.RLA266739
Property History for 5-7 Thomas St, Edithburgh, SA 5583
- 25 Mar 2022Sold for $380,000
- 23 Apr 2021Listed for Sale $439,000
- 25 May 2010Sold for $400,000
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0About Edithburgh 5583
The size of Edithburgh is approximately 37.5 square kilometres. It has 8 parks covering nearly 2.5% of total area. The population of Edithburgh in 2011 was 466 people. By 2016 the population was 502 showing a population growth of 7.7% in the area during that time. The predominant age group in Edithburgh is 60-69 years. Households in Edithburgh are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edithburgh work in a managers occupation. In 2011, 75.5% of the homes in Edithburgh were owner-occupied compared with 77.4% in 2016.
Edithburgh has 775 properties. Over the last 5 years, Houses in Edithburgh have seen a 95.16% increase in median value, while Units have seen a 86.62% increase. As at 31 October 2024:
- The median value for Houses in Edithburgh is $394,205 while the median value for Units is $320,997.
- Houses have a median rent of $240.
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