SOLD
Sold on 31 May 2024 for $520,000

9 Farrell Street
Evanston Gardens SA 5116

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 136m2
Land area: 535m2
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Harris Real Estate Kent Town
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Property Details for 9 Farrell St, Evanston Gardens

9 Farrell St, Evanston Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 535m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Evanston Gardens in the last 12 months.

Building Type
House
Year Built
2010
Floor Size
136m2
Land Size
535m2
Local Government
Gawler
Lot/Plan
A14/D80942

Last Listing description (June 2024)

Currently under long term lease to Defence Housing Australia (DHA) until September 2026 at $500.00 per week, an ideal consideration for local & interstate investors, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.

This property is for sale on behalf of a DHA lessor and has a DHA lease in place visit dha.gov.au to learn about the benefits of investing in DHA property.

Weekly rent: $500.00

Lease end date: 7/09/2026
Next rent review: 31/12/2024
Lease Option: Used
Right to vary: 1 x up to 12 months reduction and 1 x up to 12 months Extension

Situated at Evanston Gardens and offering 3 bedrooms with the master bedroom complete with ensuite and walk-in robe and all remaining bedrooms have built in robes. The kitchen is located to the rear of the properties floor plan and is open plan with the everyday living and dining which open up to the outdoor rear veranda to make for seamless indoor and outdoor living and entertaining.

Other features that enhance the investment;

- Double garage under the main roof with internal access
- Rear Veranda for entertaining
- Well laid out floor plan with 3 Bedrooms
- Gas cooking
- Window treatments throughout
- Fully established front and rear gardens
- Surrounded by other quality establish homes
- Easy access to parks, Shopping Centres and Schools.

Situated on a corner allotment of 535sqm and opposite a reserve this property will be an exceptional long term investment with a secure and reliable tenant being Defence Housing Australia until 2026.

For all enquiries and to arrange to view this property please call Craig Costello on 0448 212 066 or email craigc@harrisre.com.au all inspections are by private appointment.

Specifications:
CT / 6035/500
Council / City of Gawler
Zoning / R'4
Built / 2010
Land / 535m2
Council Rates / $1864.25 pa
SA Water / $153.70 pq
ES Levy / $105.90 pa
Nearby Schools / Evanston Gardens P.S, Gawler and District College B-12

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

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Property History for 9 Farrell St, Evanston Gardens, SA 5116

A timeline of how this property has performed in the market
Last Sold
$520,000
31 May 2024
  • 31 May 2024
    Sold for $520,000
  • 19 Mar 2024
    Listed for Sale Contact Agent
  • 14 Aug 2019
    Sold for $319,500
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About Evanston Gardens 5116

The size of Evanston Gardens is approximately 3.4 square kilometres. It has 5 parks covering nearly 4.1% of total area. The population of Evanston Gardens in 2011 was 694 people. By 2016 the population was 1,862 showing a population growth of 168.3% in the area during that time. The predominant age group in Evanston Gardens is 20-29 years. Households in Evanston Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Evanston Gardens work in a trades occupation. In 2011, 77% of the homes in Evanston Gardens were owner-occupied compared with 52.8% in 2016.

Evanston Gardens has 1,548 properties. Over the last 5 years, Houses in Evanston Gardens have seen a 96.84% increase in median value, while Units have seen a 84.71% increase. As at 30 November 2024:

  • The median value for Houses in Evanston Gardens is $605,196 while the median value for Units is $484,925.
  • Houses have a median rent of $550 while Units have a median rent of $310.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Evanston gardens on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Evanston gardens.

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