SOLD
RECENT ADVICE
Sold on 12 Apr 2024 for $165,000

16/144 Main South Road
Hackham SA 5163

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 63m2
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Property Details for 16/144 Main South Rd, Hackham

16/144 Main South Rd, Hackham is a 1 bedroom, 1 bathroom Retirement. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Retirement sold in Hackham in the last 12 months.

Building Type
Retirement
Floor Size
63m2
Local Government
Onkaparinga
Lot/Plan
F16/C26572

Last Listing description (April 2024)

Are you seeking a set and forget style of investment where you can park some funds and enjoy reliable returns for many years to come?

Is your ideal investment property easy maintenance and low stress with someone else managing the day to day whilst you watch the rent roll in and monitor the capital growth from afar?

This unique opportunity is set in a retirement village that is professionally managed and maintained with a long term tenant in place.

Nestled away from hustle and bustle, this unit resides in a secure group that is dedicated to providing aged accommodation and boasts attractive gardens and surrounds.

These compact 1-bedroom units offer independent living to the occupant with generous lounge, fully functioning kitchenette and multifunction bathroom so offering all of the essentials for those that are slowing down and occasionally needing assistance but whom still value their own space.

A rear courtyard offers a space for the tenant to relax and enjoy with visitors.

Do the maths yourself-
$252 per quarter for council rates
$14 per month advertising
$612.72 per quarter Strata Fees
$290 per week rent

Ready to deliver returns from day one this property may be the ultimate set and forget investment.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

RLA 232366

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Property History for 16/144 Main South Rd, Hackham, SA 5163

A timeline of how this property has performed in the market
Last Sold
$165,000
12 Apr 2024
  • 19 Apr 2024
    Sold for $165,000
  • 05 Mar 2024
    Listed for Sale $160,000 - $175,000
  • 07 Dec 2018
    Sold for $137,500

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About Hackham 5163

The size of Hackham is approximately 4.9 square kilometres. It has 13 parks covering nearly 4.4% of total area. The population of Hackham in 2011 was 4,103 people. By 2016 the population was 3,997 showing a population decline of 2.6% in the area during that time. The predominant age group in Hackham is 60-69 years. Households in Hackham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hackham work in a trades occupation. In 2011, 73.2% of the homes in Hackham were owner-occupied compared with 73.1% in 2016.

Hackham has 2,073 properties. Over the last 5 years, Houses in Hackham have seen a 118.23% increase in median value, while Units have seen a 100.29% increase. As at 31 October 2024:

  • The median value for Houses in Hackham is $649,946 while the median value for Units is $427,820.
  • Houses have a median rent of $515 while Units have a median rent of $278.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Hackham on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Hackham.

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Dave Stockbridge
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Steve Spurling
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REAL Estate Agents Group - Salisbury
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