OFF MARKET

50 Wallace Street
Glenelg East SA 5045

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Floor area: 267m2
Land area: 731m2
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Property Details for 50 Wallace St, Glenelg East

50 Wallace St, Glenelg East is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1945. The property has a land size of 731m2 and floor size of 267m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
House
Year Built
1945
Floor Size
267m2
Land Size
731m2
Local Government
Holdfast Bay
Lot/Plan
A183/D3258

Last Listing description (June 2014)

Renovate or Detonate
Lots of potential here with this well cared for 1945 art deco residence on a full size north/south allotment. Ripe for redevelopment and offered for sale at land value only. The home comprises 6 well-proportioned main rooms, requiring some modernisation and redecorating. It includes an elegant formal lounge opening to a large formal dining, 2 large bedrooms (master with ensuite addition), a sleep out or 3rd bedroom and a large laundry/utility room. It also offers a detached rumpus room with built-in bar and has undercover parking for 3 vehicles. Situated in one of the most sought after streets in the precinct. A rare opportunity to build your dream home in a wonderful location. Inspect today.

Property History for 50 Wallace St, Glenelg East, SA 5045

A timeline of how this property has performed in the market
Last Sold
$595,000
04 Aug 2014
Listed for Rent
$400/w
16 Aug 2014
  • 04 Aug 2014
    Sold for $595,000
  • 25 Jul 2014
    Listed for Rent $400 / week
  • 11 Jun 2014
    Listed for Sale EXPRESSIONS OF INTEREST
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About Glenelg East 5045

The size of Glenelg East is approximately 1.3 square kilometres. It has 6 parks covering nearly 6.1% of total area. The population of Glenelg East in 2011 was 3,700 people. By 2016 the population was 3,756 showing a population growth of 1.5% in the area during that time. The predominant age group in Glenelg East is 50-59 years. Households in Glenelg East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg East work in a professional occupation. In 2011, 62.6% of the homes in Glenelg East were owner-occupied compared with 62% in 2016.

Glenelg East has 2,030 properties. Over the last 5 years, Houses in Glenelg East have seen a 86.52% increase in median value, while Units have seen a 74.76% increase. As at 31 July 2024:

  • The median value for Houses in Glenelg East is $1,498,268 while the median value for Units is $594,591.
  • Houses have a median rent of $640 while Units have a median rent of $480.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Glenelg east on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Glenelg east.

Suburb Insights for Glenelg East 5045

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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.