SOLD
Sold on 07 Jun 2024 for $1,300,000

31 Cator Street
Glenside SA 5065

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 92m2
Land area: 640m2
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Toop & Toop Norwood
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Property Details for 31 Cator St, Glenside

31 Cator St, Glenside is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1954. The property has a land size of 640m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Glenside in the last 12 months.

Building Type
House
Year Built
1954
Floor Size
92m2
Land Size
640m2
Local Government
Burnside
Lot/Plan
A162/F15723

Last Listing description (June 2024)

Auction Location: On site

Nestled in the tree-lined tranquillity of Cator Street, the investment promise of this property is an unmissable opportunity for the discerning portfolio builder.

Resting on a generous 633sqm allotment with an impressive 17.5m frontage approx., the property offers boundless potential for the astute developer/investor.

This Torrens titled gem, comfortably tenanted until December 2024, represents a low-maintenance prospect with an underpinning growth narrative driven by the prestigious eastern suburbs locale.

Envision a demolition and rebuilding the dream, or renovation that could transform the existing 2 bedroom abode, capitalising on the existing living area, or envision a contemporary extension (subject to necessary consents) to enhance value and appeal. The substantial rear garden presents a blank canvas for imaginative landscaping or future development endeavours.

The property's investment appeal is significantly enhanced by its zoning for the highly sought-after Glenunga International High School and Linden Park Primary School. These institutions, renowned for their academic excellence, future-proof the property's desirability for families and ensure consistent rental demand.

The current architectural footprint, includes a dedicated lounge, dining room, and functional kitchen. Complemented by inviting bedrooms and a main bathroom equipped with essential amenities.

Located just moments from Burnside Village and a short drive to Adelaide CBD, Glenside offers an unmatched blend of suburban serenity and urban convenience. Offering a gateway to enduring capital growth and a testament to strategic asset selection in a suburb brimming with potential and prosperity.

Local council: Burnside
Council rates: $1,745.80pa approx.
SA Water rates: $231.54pq approx.
Year built: 1954
Land size: 633 sqm approx.
Frontage: 17.53 m approx.

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Property History for 31 Cator St, Glenside, SA 5065

A timeline of how this property has performed in the market
Last Sold
$1,300,000
07 Jun 2024
Listed for Rent
$350/w
04 Dec 2019
  • 07 Jun 2024
    Sold for $1,300,000
  • 20 Mar 2024
    Listed for Sale Not Disclosed
  • 28 Nov 2019
    Listed for Rent $350 / week
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About Glenside 5065

The size of Glenside is approximately 1.1 square kilometres. It has 8 parks covering nearly 10% of total area. The population of Glenside in 2011 was 2,236 people. By 2016 the population was 2,412 showing a population growth of 7.9% in the area during that time. The predominant age group in Glenside is 40-49 years. Households in Glenside are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenside work in a professional occupation. In 2011, 51.6% of the homes in Glenside were owner-occupied compared with 53.3% in 2016.

Glenside has 1,595 properties. Over the last 5 years, Houses in Glenside have seen a 74.84% increase in median value, while Units have seen a 47.99% increase. As at 31 October 2024:

  • The median value for Houses in Glenside is $1,551,068 while the median value for Units is $583,048.
  • Houses have a median rent of $790 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 9 properties listed for rent in Glenside on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Glenside.

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