OFF MARKET

4/16 De Laine Avenue
Edwardstown SA 5039

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 17m2
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Property Details for 4/16 De Laine Ave, Edwardstown

4/16 De Laine Ave, Edwardstown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 17m2 and floor size of 80m2.

Building Type
Unit
Year Built
1987
Floor Size
80m2
Land Size
17m2
Local Government
Marion
Lot/Plan
U4/S7655

Last Listing description (April 2019)

Blue Chip Investment 5 Strata Title Units
Selling individually or as a whole.
A rare opportunity has come up to purchase this well maintained, self-managed group in one of Adelaide's growing suburb. Just a short drive to the CBD and Glenelg, opportunities such as this one don't come up very often.

The group consists of four two bedroom units and 1 three bedroom house all on separate Strata Titles on a large 1200 (approx.) m allotment. Due to the suburbs popularity, the group has a high occupancy rate with the potential of $1500+ per week for whole group or $290 per week per unit and $330 per week for the house, representing excelling cash flow for the astute investor.
Each of the solid brick units consist of two bedrooms, a great size lounge and dining, floating floorboards, updated kitchens (in three units) with excellent storage and gas cooking. Other valuable features include updated bathrooms (in two of the units) and separate laundries. Externally, each unit comes with its own undercover car park as well as a private paved courtyard.
A great and secure location, just a short walk to an abundance of retail shops on South Road, public transport, parks and schools nearby, this property won't last long.
Have no regrets. Act today.
Please contact Boris or Natalia for more information.
Refined- Real Estate Redefined

Property History for 4/16 De Laine Ave, Edwardstown, SA 5039

A timeline of how this property has performed in the market
Listed for Rent
$285/w
26 Jun 2018
  • 16 Nov 2018
    Listed for Sale Contact agent
  • 20 Jun 2018
    Listed for Rent $285 / week
  • 21 Apr 2018
    Listed for Sale Contact agent
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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 10 properties listed for sale, and 5 properties listed for rent in Edwardstown on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Edwardstown.

Suburb Insights for Edwardstown 5039

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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.