5/7 Olive StreetGlenelg SA 5045
Property Details for 5/7 Olive St, Glenelg
5/7 Olive St, Glenelg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 156m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (September 2022)
Situated in a quiet single storey group of 6, this well presented corner unit offers a quiet lifestyle whilst being just a moment's stroll to everything on offer at Jetty Road.
Highlighted by beautiful polished floorboards, the floorplan consists of 2 bedrooms (both with built-in robes), living room, modern kitchen with adjoining meals area, bright modern bathroom, 2nd toilet and a carport under the main roof.
Being in the corner it has private courtyards to the side and rear, a shady pergola/BBQ area and a handy garden shed.
Olive Street is just a short stroll to Jetty Road's shopping and entertainment, the beach, bus and the Bay Tram. It's all at your fingertips.
It is currently tenanted to an excellent tenant who would like to stay on.
RLA 269823
Property History for 5/7 Olive St, Glenelg, SA 5045
- 02 Sep 2022Sold for $590,000
- 12 May 2022Listed for Sale $565,000 - $595,000
- 03 Jun 2016Listed for Rent $360 / week
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About Glenelg 5045
The size of Glenelg is approximately 1 square kilometres. It has 5 parks covering nearly 6.3% of total area. The population of Glenelg in 2011 was 3,447 people. By 2016 the population was 3,345 showing a population decline of 3.0% in the area during that time. The predominant age group in Glenelg is 60-69 years. Households in Glenelg are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg work in a professional occupation. In 2011, 46.5% of the homes in Glenelg were owner-occupied compared with 49.3% in 2016.
Glenelg has 3,449 properties. Over the last 5 years, Houses in Glenelg have seen a 85.94% increase in median value, while Units have seen a 64.87% increase. As at 31 August 2024:
- The median value for Houses in Glenelg is $1,756,218 while the median value for Units is $713,902.
- Houses have a median rent of $650 while Units have a median rent of $550.
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