SOLD
Sold on 07 Mar 2024 for $325,000

5/16 Sando Street
Findon SA 5023

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 65m2
Sold By
Realestate Management Company
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Property Details for 5/16 Sando St, Findon

5/16 Sando St, Findon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 65m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Findon in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
66m2
Land Size
65m2
Local Government
Charles Sturt
Lot/Plan
U5/S2229

Last Listing description (May 2024)

Ideal "entry level" Investment Opportunity: Nestled between the city and the beach, this property offers huge potential for upgrading. Upstairs unit, in small well maintained group of 6 only and separated by a breezeway
Features two bedrooms , 2.7m ceilings, open plan kitchen/living/dining, separate laundry, and undercover parking

Currently leased at $360.00 per week on a fixed term agreement until September 2024, this property promises both immediate returns and long-term growth prospects for investors.

There are plenty of parks and reserves in the local area including Airdrie Street Reserve and playground, a short walk away. Local shopping can be found at Westside Findon, (within walking distance), with Westfield West Lakes just down the road. Local unzoned primary schools nearby include Flinders Park, Kilkenny, Seaton and Kidman Park Primary Schools , Findon High School. Quality private schooling can be found nearby at St Michaels College, Nazareth Catholic College, St Josephs, Whitefriars and the Islamic College of South Australia. Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.

Charles Sturt Zone | GN - General Neighbourhood//
Land : N/Asqm(Approx.)
House : 64sqm(Approx.)
Built : 1971
Council Rates: $1,204.00 pa
Water : $232.69 pq
ESL : $TBC pa
Rent $360.00 per week
Fixed term lease expires 01/09/24
Strata Levy: $400.00 pq + Sinking fund
Strata Manager : Best Strata
Strata Plan no. :2229 inc

RLA 158869

Property History for 5/16 Sando St, Findon, SA 5023

A timeline of how this property has performed in the market
Last Sold
$325,000
07 Mar 2024
Listed for Rent
$350/w
23 Aug 2022
  • 07 Mar 2024
    Sold for $325,000
  • 31 Jan 2024
    Listed for Sale Under Contract
  • 02 Aug 2022
    Listed for Rent $350 / week
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About Findon 5023

The size of Findon is approximately 2.4 square kilometres. It has 9 parks covering nearly 4.4% of total area. The population of Findon in 2011 was 5,718 people. By 2016 the population was 6,219 showing a population growth of 8.8% in the area during that time. The predominant age group in Findon is 30-39 years. Households in Findon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Findon work in a professional occupation. In 2011, 58% of the homes in Findon were owner-occupied compared with 58.5% in 2016.

Findon has 3,731 properties. Over the last 5 years, Houses in Findon have seen a 82.51% increase in median value, while Units have seen a 92.28% increase. As at 31 October 2024:

  • The median value for Houses in Findon is $944,222 while the median value for Units is $555,866.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 18 properties listed for sale, and 6 properties listed for rent in Findon on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Findon.

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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.