393B Deviation RoadForest Range SA 5139
Property Details for 393b Deviation Rd, Forest Range
393b Deviation Rd, Forest Range is a 2 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 99450m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Forest Range in the last 12 months.
Last Listing description (April 2024)
Undulating Country on 6.24 Hectares | 15.4 Acres
Kindly note - for the last three months, we have been working through the legislative processes of obtaining Planning Approval, complete Building Certification with associated plans and the energy report - pursuant to the National Construction Code.
This will change the current building status from farm building to residential use, once all of the capital works have been completed.
The stamped plans from Council will be available on or before Friday the 9th February 2024 - please kindly refrain from contacting Council, as they have received all of the paperwork today (1st February). Under the current legislation, Council have 5 working days to complete the stamping (consents) of all documents. We will then have the information to send out to interested parties.
It is very realistic to say that the asking price of $600,000 (as is) is arguably land value, with sound comparative market sales. Interested buyers who are tradespeople or builders will have a unique opportunity to complete all capital works, as outlined, on this significant building.
There is also the need to complete capital works associated with water storage plus fire safety measures.
Today this offering is a premium/rarity just 15-20 minutes from Burnside and Magill.
Property History for 393b Deviation Rd, Forest Range, SA 5139
- 15 Mar 2024Sold for $640,000
- 01 Aug 2023Listed for Sale Under Contract
- 01 Sep 2016Sold for $650,000
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About Forest Range 5139
The size of Forest Range is approximately 10.3 square kilometres. It has 3 parks covering nearly 7.2% of total area. The population of Forest Range in 2011 was 174 people. By 2016 the population was 236 showing a population growth of 35.6% in the area during that time. The predominant age group in Forest Range is 50-59 years. Households in Forest Range are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Range work in a managers occupation. In 2011, 90.8% of the homes in Forest Range were owner-occupied compared with 79.1% in 2016..
Forest Range has 188 properties. Over the last 5 years, Houses in Forest Range have seen a 87.26% increase in median value. As at 31 July 2024:
- The median value for Houses in Forest Range is $1,160,249 while the median value for Units is $895,263.
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