Develop Here and Reap the Rewards!
A great opportunity has opened only 7km to the CBD within this popular suburb in the form of approximately 810sqm of rare earth with an approximate 17.37m frontage. The property also currently features a 1950's 3 bedroom brick home in need of extensive renovations.
Positioned in the City of Port Adelaide Enfield and zoned PA43 Residential East there are no easements, and demolition approval has already been organised, so develop here (S.T.C.C) and reap the rewards.
The size of Enfield is approximately 2.2 square kilometres. It has 8 parks covering nearly 5.3% of total area. The population of Enfield in 2011 was 4,894 people. By 2016 the population was 5,332 showing a population growth of 8.9% in the area during that time. The predominant age group in Enfield is 30-39 years. Households in Enfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Enfield work in a professional occupation. In 2011, 53.7% of the homes in Enfield were owner-occupied compared with 53.4% in 2016.
Enfield has 2,932 properties. Over the last 5 years, Houses in Enfield have seen a 82.30% increase in median value, while Units have seen a 89.24% increase. As at 30 September 2024:
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