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.
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.
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:
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