SOLD
Sold on 22 Jul 2024 for $430,000

2/38 Macfarlane Street
Glenelg North SA 5045

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 68m2
Sold By
Anreps Sa North Adelaide
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Property Details for 2/38 Macfarlane St, Glenelg North

2/38 Macfarlane St, Glenelg North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 68m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Glenelg North in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
61m2
Land Size
68m2
Local Government
Holdfast Bay
Lot/Plan
U2/S5866

Last Listing description (July 2024)

Best Offers Closing Monday 17th June 5pm Unless Sold Prior

In an outstanding location, so close to the beach, this very well maintained unit is perfect for the astute buyer.

Whether you are looking for a sound investment, a first home or perhaps a holiday rental, this solid brick unit could be the one.

In a small quiet block, this unit has a long list of features including:
2 double bedrooms with built in robes and ceiling fans
Kitchen with adjacent dining area.
Split system air conditioning plus gas heater
Lovely rear courtyard.
Reserved car park under a carport
Fantastic opportunity to add future value by upgrading the original kitchen and bathroom.

The unit is currently leased to an excellent tenant until the 13th January 2025 at $350 per week.

The location really is fantastic with the beach, shopping and transport only minutes away.

For further information or to arrange your inspection please call Sam Cole now.

Every care has been taken to verify the accuracy of the information provided in this advertisement, (including but not limited to a property's land size, floor plans and size, building age, condition & amenities). However, we cannot guarantee the information is correct and we accept no liability for any errors or oversights. Interested buyers should make their own enquiries and obtain their own legal advice. RLA 207669

Property History for 2/38 Macfarlane St, Glenelg North, SA 5045

A timeline of how this property has performed in the market
Last Sold
$430,000
22 Jul 2024
Listed for Rent
$330/w
30 Nov 2022
  • 22 Jul 2024
    Sold for $430,000
  • 03 Jun 2024
    Listed for Sale Contact Agent
  • 17 Nov 2022
    Listed for Rent $329 / week
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About Glenelg North 5045

The size of Glenelg North is approximately 2.8 square kilometres. It has 22 parks covering nearly 9.4% of total area. The population of Glenelg North in 2011 was 5,969 people. By 2016 the population was 6,232 showing a population growth of 4.4% in the area during that time. The predominant age group in Glenelg North is 20-29 years. Households in Glenelg North are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg North work in a professional occupation. In 2011, 61.7% of the homes in Glenelg North were owner-occupied compared with 60.9% in 2016.

Glenelg North has 3,797 properties. Over the last 5 years, Houses in Glenelg North have seen a 74.84% increase in median value, while Units have seen a 92.72% increase. As at 31 October 2024:

  • The median value for Houses in Glenelg North is $1,267,495 while the median value for Units is $686,330.
  • Houses have a median rent of $660 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 10 properties listed for rent in Glenelg north on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Glenelg north.

Suburb Insights for Glenelg North 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.