OFF MARKET

5/40 Albert Street
Gumeracha SA 5233

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 181m2
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Property Details for 5/40 Albert St, Gumeracha

5/40 Albert St, Gumeracha is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 181m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1987
Floor Size
73m2
Land Size
181m2
Local Government
Adelaide Hills
Lot/Plan
U5/S7470

Last Listing description (March 2021)

Ideal investment or 1st home situated in this quiet hill's township representing a solid and secure return for an investor or an ideal start in home ownership with low maintenance upkeep.
The property features a delightful single storey unit in a tightly held group of six with views over the surrounding rural countryside and situated close to the towns sporting facilities and services, including the public transport bus service.
This tidy unit features 2 generous bedrooms, spacious living/dining with year-round comfort provided by the reverse cycle air conditioner. The well-appointed all electric kitchen offers generous cupboards and views over the peaceful rural surrounds. Bathroom and laundry.

The allotment offers an opportunity to garden or sit under the rear patio/verandah and enjoy the rural countryside
Single carport with extra parking.
As an investment the property is returning close to 5% with its current tenant or as an owner occupier, the property represents a solid investment for the future in this tightly held township.

Property History for 5/40 Albert St, Gumeracha, SA 5233

A timeline of how this property has performed in the market
Last Sold
$215,000
12 Mar 2021
  • 12 Mar 2021
    Sold for $215,000
  • 11 Nov 2019
    Listed for Sale $215,000 - $225,000
  • 01 May 2017
    Transferred
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About Gumeracha 5233

The size of Gumeracha is approximately 25.7 square kilometres. It has 8 parks covering nearly 4.5% of total area. The population of Gumeracha in 2011 was 1,019 people. By 2016 the population was 826 showing a population decline of 18.9% in the area during that time. The predominant age group in Gumeracha is 50-59 years. Households in Gumeracha are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gumeracha work in a professional occupation. In 2011, 81% of the homes in Gumeracha were owner-occupied compared with 82.7% in 2016.

Gumeracha has 474 properties. Over the last 5 years, Houses in Gumeracha have seen a 62.73% increase in median value. As at 31 July 2024:

  • The median value for Houses in Gumeracha is $770,236 while the median value for Units is $393,622.
  • Houses have a median rent of $338.
There are currently 2 properties listed for sale, and 1 property listed for rent in Gumeracha on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Gumeracha.

Suburb Insights for Gumeracha 5233

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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.