SOLD
Sold on 03 May 2024 for $927,000

1/20 Gilbert Street
Gilberton SA 5081

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 265m2
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Property Details for 1/20 Gilbert St, Gilberton

1/20 Gilbert St, Gilberton is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1988. The property has a land size of 265m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Gilberton in the last 12 months.

Building Type
Unit
Year Built
1988
Floor Size
126m2
Land Size
265m2
Local Government
Walkerville
Lot/Plan
U1/S10013

Last Listing description (May 2024)

Contracted at AUCTION by Josh Edgar 0433233466

A potential filled character delight along the peaceful Linear Park

Welcome to 20 Gilbert Street, Gilberton - a neat and tidy solid haven with soaring ceiling height, sought after two bed / two bath / two garage configuration and a desirable, tightly held location.

This charming home seamlessly marries the quietness of The River Torrens with today's suburban conveniences, presenting a sweet spot for a diverse range of residents: first homebuyers looking to dip their toes into real estate waters, empty nesters eager to embrace the slower pace of life, professionals after a quiet retreat, or savvy investors keen on a lucrative investment opportunity with excellent growth potential.

With room to improve and capitalise (subject to planning consents), this house is more than just a home; it's an opportunity to add value to an already profitable investment.

This humble abode features two spacious bedrooms with dressing areas and access to the courtyard whilst also benefiting from an abundance of natural light, courtesy of the large windows. The two bathrooms add a touch of convenience, perfect for a busy morning rush or a slow evening soak. The addition of a double garage rounds off what this home has to offer, providing ample room for vehicles or additional storage.

The open-plan living area, adorned with plush carpet floors, offers a cosy ambience for rest or recreation. Meanwhile, the galley-style kitchen, equipped with a breakfast bar, promises a cheerful spot for whipping up culinary delights and entertaining, and with room to renovate, create space and functionality, you'll profit and capitalise on your thoughtful design and further investment!

Outside, the botanic courtyard is ready to host your sunny Sunday brunches or starlit soirees.

The home's rendered facade and high ceilings (up to 3.6m!) are but a nod to the classic charm the property exudes. A dash of imagination and touch of love would quickly transform this into a modern sanctuary, without compromising its old-world allure.

Located in proximity to the area's best features, 20 Gilbert Street is just a leisurely stroll from Melbourne St North Adelaide and Walkerville Terrace amenities, promising a life of convenience. The nearby Linear Park and River Torrens provide a refreshing retreat for nature lovers. At this address, the best of Adelaide is practically at your doorstep.

CT / 5002/323
Equivalent Building Area / 148sqm approx.
Council / Walkerville Council
Council Rates / $1,424.25 p.a.
Strata Title Insurance / $1640p.a.
Water & Sewer / $164.77 p.q.
ESL / $133.60 p.a.

Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639

Property History for 1/20 Gilbert St, Gilberton, SA 5081

A timeline of how this property has performed in the market
Last Sold
$927,000
03 May 2024
  • 03 May 2024
    Sold for $927,000
  • 20 Mar 2024
    Listed for Sale Contact Agent
  • 18 Jun 2019
    Listed for Rent $420 / week
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About Gilberton 5081

The size of Gilberton is approximately 0.6 square kilometres. It has 5 parks covering nearly 11.5% of total area. The population of Gilberton in 2011 was 1,365 people. By 2016 the population was 1,435 showing a population growth of 5.1% in the area during that time. The predominant age group in Gilberton is 60-69 years. Households in Gilberton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gilberton work in a professional occupation. In 2011, 57.1% of the homes in Gilberton were owner-occupied compared with 56.1% in 2016.

Gilberton has 830 properties. Over the last 5 years, Houses in Gilberton have seen a 74.57% increase in median value, while Units have seen a 38.83% increase. As at 31 October 2024:

  • The median value for Houses in Gilberton is $1,841,098 while the median value for Units is $573,078.
  • Houses have a median rent of $648 while Units have a median rent of $538.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Gilberton on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Gilberton.

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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.