OFF MARKET

550 Greenhill Road
Hazelwood Park SA 5066

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 49m2
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Property Details for 550 Greenhill Rd, Hazelwood Park

Building Type
Commercial
Land Size
49m2
Local Government
Burnside
Lot/Plan
U6/S4339

Last Listing description (May 2013)

AFFORDABLE EASTERN SUBURBS INVESTMENT PROPERTY
A rare opportunity to acquire an affordable + trouble free eastern suburbs investment property well positioned for future growth.
Securely leased to a long standing business operator for a new 3 year term commencing 01.05.2013 at a 'sensible rental', with 1 option to extend remaining for 3 years.

Tenant pays all outgoings and rent reviews occur annually by 4% with a market review at renewal.
Unit 6 has a lettable area of approx. 44 sqm and is part of a Strata Titled complex.

Property History for 550 Greenhill Rd, Hazelwood Park, SA 5066

A timeline of how this property has performed in the market
Last Sold
$415,000
18 May 2022
Listed for Rent
$287/w
06 Feb 2023
  • 18 May 2022
    Sold for $415,000
  • 23 Jul 2013
    Sold for $195,000
  • 12 Apr 2013
    Listed for Sale 195000

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About Hazelwood Park 5066

The size of Hazelwood Park is approximately 0.9 square kilometres. It has 5 parks covering nearly 17% of total area. The population of Hazelwood Park in 2011 was 1,969 people. By 2016 the population was 1,863 showing a population decline of 5.4% in the area during that time. The predominant age group in Hazelwood Park is 40-49 years. Households in Hazelwood Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hazelwood Park work in a professional occupation. In 2011, 76.9% of the homes in Hazelwood Park were owner-occupied compared with 79.6% in 2016.

Hazelwood Park has 902 properties. Over the last 5 years, Houses in Hazelwood Park have seen a 73.93% increase in median value, while Units have seen a 52.73% increase. As at 31 October 2024:

  • The median value for Houses in Hazelwood Park is $1,700,134 while the median value for Units is $630,285.
  • Houses have a median rent of $740 while Units have a median rent of $490.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Hazelwood park on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Hazelwood park.

Suburb Insights for Hazelwood Park 5066

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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.