OFF MARKET

10 Vicar Street
Gilles Plains SA 5086

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 603m2
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Last updated 11 Nov 2024
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Property Details for 10 Vicar St, Gilles Plains

10 Vicar St, Gilles Plains is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1964. The property has a land size of 603m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
House
Year Built
1964
Floor Size
120m2
Land Size
603m2
Local Government
Tea Tree Gully
Lot/Plan
A78/D7318

Last Listing description (November 2016)

This property is perfect for future sub division (stcc). And land and new homes in this area are in EXTREMELY high demand. The first buyer to offer $330,000 will secure the property, so call me now. No games, no hesitation, as long as your conditions are good and you can offer settlement terms to suit my vendor, the property will be yours!
The current home is an original 3 bedder in a neat and tidy condition which has been much loved by the current owner for decades. So the property could be rented out prior to re development (stcc).
This is an opportunity not to be missed, with a larger than standard frontage of 19.51m and a total land size of 603m2 (appx), this is a sure money maker in the waiting.

We can assist with the development and also the build of two new homes here (stcc) and I know this area like the back of my hand. I know everything you need to ensure that this property becomes a profit maker.
The suburb of Gilles Plains is currently increasing in value at a rate of 8.3% which is approximately 140% that of the state average. The median price for homes in the area is currently $362,750 and the suburb has 3337 residents with the majority made up of couples with children.
The local Wandana Primary School is located at the end of Vicar street making this a sure winner if you were to build two new homes in place of this existing home. A new 3 bedroom, 2 bathroom home will sell for between $430,000 to $500,000 (depending on finishes and quality of the build etc - ask me what sells best if your planning to build and I will advise you accordingly as the areas #1 selling agent).
Call me for any questions you may have but know this...if you procrastinate here you will miss out.
Call me today for more details.
Regards,
Bjorn Kunzel
Gilles Plains Specialist
0404 164 447

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Property History for 10 Vicar St, Gilles Plains, SA 5086

A timeline of how this property has performed in the market
Last Sold
$333,000
31 Aug 2016
  • 31 Aug 2016
    Sold for $333,000
  • 12 Jul 2016
    Listed for Sale $330,000 FIXED

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About Gilles Plains 5086

The size of Gilles Plains is approximately 1.8 square kilometres. It has 11 parks covering nearly 7% of total area. The population of Gilles Plains in 2011 was 3,338 people. By 2016 the population was 3,568 showing a population growth of 6.9% in the area during that time. The predominant age group in Gilles Plains is 30-39 years. Households in Gilles Plains are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gilles Plains work in a professional occupation. In 2011, 55.1% of the homes in Gilles Plains were owner-occupied compared with 55.1% in 2016.

Gilles Plains has 1,849 properties. Over the last 5 years, Houses in Gilles Plains have seen a 92.04% increase in median value, while Units have seen a 100.71% increase. As at 31 October 2024:

  • The median value for Houses in Gilles Plains is $783,153 while the median value for Units is $569,432.
  • Houses have a median rent of $600 while Units have a median rent of $435.
There are currently 5 properties listed for sale, and 1 property listed for rent in Gilles plains on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Gilles plains.

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