OFF MARKET

1/2 Russell Terrace
Edwardstown SA 5039

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 233m2
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Property Details for 1/2 Russell Tce, Edwardstown

1/2 Russell Tce, Edwardstown is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1987. The property has a land size of 233m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1987
Floor Size
97m2
Land Size
233m2
Local Government
Marion
Lot/Plan
U1/S8027

Last Listing description (November 2022)

Auction Location: on site

"Under Instructions from the Public Trustee"

Behind the tall security fence sits this gem of a courtyard home. Large living spaces, generous bedrooms and easy maintenance front and rear yards. Run an update throughout and unlock some serious potential. Or, tidy it up just a little bit and enjoy as it currently stands.

Secure parking for 2 cars and room for a third off street is rarely seen with homes like this. Castle Plaza a short walk away and easy access to public transport. Downsizers, investors and first home buyers will absolutely love this.

AUCTION: Friday 23rd September at 1:30pm, on site. - CONTRACTED AT AUCTION

CT: 5026/363
Council: City of Marion
Council Rates: $1,119.30 per annum (approx)
Water Rates: $146.65 per quarter (approx)
Strata Levy: $300.00 per quarter (approx)
Year Built: 1987

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.

RLA 275279

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Property History for 1/2 Russell Tce, Edwardstown, SA 5039

A timeline of how this property has performed in the market
Last Sold
$450,000
07 Nov 2022
  • 07 Nov 2022
    Sold for $450,000
  • 07 Sep 2022
    Listed for Sale CONTRACTED AT AUCTION
  • 10 Feb 1995
    Sold for $94,000

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About Edwardstown 5039

The size of Edwardstown is approximately 2.3 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Edwardstown in 2011 was 3,948 people. By 2016 the population was 4,324 showing a population growth of 9.5% in the area during that time. The predominant age group in Edwardstown is 20-29 years. Households in Edwardstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edwardstown work in a professional occupation. In 2011, 51.6% of the homes in Edwardstown were owner-occupied compared with 50.2% in 2016.

Edwardstown has 2,569 properties. Over the last 5 years, Houses in Edwardstown have seen a 87.21% increase in median value, while Units have seen a 79.91% increase. As at 31 October 2024:

  • The median value for Houses in Edwardstown is $906,613 while the median value for Units is $573,175.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Edwardstown on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Edwardstown.

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