7 Redward AvenueGreenacres SA 5086
Property Details for 7 Redward Ave, Greenacres
7 Redward Ave, Greenacres is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2015. The property has a land size of 412m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
Last Listing description (November 2014)
This exciting development opportunity is now up for grabs situated on a generous level allotment of approximately 817 square metres approx and boasting a wide 21.36 metre frontage approx. Whether you are hoping to build multiple investment properties for your own portfolio, or new homes for re-sale; this has excellent access to schools, transport and local park/reserve will be a huge positive for the resulting new homes.
Less than 10km to CBD this is prime residential land in a sought after developing suburb with new homes already well established on the street. Subject to Council Approval the existing dwelling may be knocked down and the site subdivided and redeveloped. Now is the perfect time to secure your investment!
ENJOY THE MASSIVE CAPITAL GROWTH POTENTIAL OF THE LIGHTS VIEW CUSP!
Overview:
* Large level allotment approx 817 square metres approx
* Wide frontage of 21.36 metres approx
* Potential to subdivide and redevelop (STCC)
* Existing timber frame dwelling
* Fantastic investment opportunity
* Suits developers/investors
* Close to shops, school and public transport
* Popular sought after location
* Less than 10km to the city
Property History for 7 Redward Ave, Greenacres, SA 5086
- 09 Sep 2015Sold for $295,000
- 26 Nov 2014Sold for $393,000
- 18 Sep 2014Listed for Sale $395,000
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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 1,605 properties. Over the last 5 years, Houses in Greenacres have seen a 86.70% increase in median value, while Units have seen a 89.16% increase. As at 31 October 2024:
- The median value for Houses in Greenacres is $888,857 while the median value for Units is $475,907.
- Houses have a median rent of $640 while Units have a median rent of $420.
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