113 Redward AvenueGreenacres SA 5086
Property Details for 113 Redward Ave, Greenacres
113 Redward Ave, Greenacres is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 654m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (December 2022)
Bordering Lightsview and within walking distance to several shopping facilities plus public transport, 113 Redward Avenue offers the savvy investor an opportunity to secure a fantastic allotment with wide frontage with the addition of secured rental income from the current tenants.
Currently tenanted on a fixed lease for $310pw until 23/5/23 to amazing tenants, which we currently manage and can continue to assist for the new purchaser.
Features Include:
* 3 spacious bedrooms
* Formal lounge
* Functional kitchen & bathroom
* Split system air conditioning in bedroom 1
* Good condition throughout
* 19.5m frontage x 33.5m depth = 653sqm allotment (approx)
* No easements
* Invest now then develop and subdivide into two allotments (STCC)
Being situated in one of Adelaide's fastest growing suburbs, this really is an excellent investment offering wonderful rental returns.
Council/ Port Adelaide Enfield
Built /1965
Home size/ 92sqm (approx)
Council/ $TBApa (approx)
Water/ Supply $75pq Sewerage $81pq (approx)
Property History for 113 Redward Ave, Greenacres, SA 5086
- 10 Feb 2023Sold for $655,000
- 15 Nov 2022Listed for Sale Auction Onsite 10/12 @ 1pm
- 21 Dec 2015Listed for Rent - Price not available
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About Greenacres 5086
The size of Greenacres is approximately 1.1 square kilometres. It has 3 parks covering nearly 3.3% of total area. The population of Greenacres in 2011 was 2,410 people. By 2016 the population was 2,822 showing a population growth of 17.1% in the area during that time. The predominant age group in Greenacres is 30-39 years. Households in Greenacres are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenacres work in a professional occupation. In 2011, 49.9% of the homes in Greenacres were owner-occupied compared with 55.7% in 2016.
Greenacres has 1,603 properties. Over the last 5 years, Houses in Greenacres have seen a 84.53% increase in median value, while Units have seen a 87.42% increase. As at 30 September 2024:
- The median value for Houses in Greenacres is $876,067 while the median value for Units is $468,969.
- Houses have a median rent of $625 while Units have a median rent of $420.
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