15 Commerce CrescentHindmarsh Valley SA 5211
Property Details for 15 Commerce Cres, Hindmarsh Valley
Last Listing description (February 2021)
Of the 76 storage units, the current income is based on 67 units which are under lease, leaving a further 8 units available, thereby creating the opportunity for further growth. One 6 x 3 is currently being used for Office Storage. Currently Under Lease - $115,500 per annum (approx).
The property is held under a Certificate of Title comprising as follows: Volume 5127 Folio 263
Allotment 68 Deposited Plan 27885 in the area named Hindmarsh Valley Hundred of Goolwa.
Property History for 15 Commerce Cres, Hindmarsh Valley, SA 5211
- 16 Feb 2021Sold for $1,150,000
- 22 Jan 2021Listed for Sale $1,200,000
- 25 Jun 2003Sold for $33,636
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About Hindmarsh Valley 5211
The size of Hindmarsh Valley is approximately 78.7 square kilometres. It has 10 parks covering nearly 3.6% of total area. The population of Hindmarsh Valley in 2011 was 634 people. By 2016 the population was 460 showing a population decline of 27.4% in the area during that time. The predominant age group in Hindmarsh Valley is 50-59 years. Households in Hindmarsh Valley are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hindmarsh Valley work in a managers occupation. In 2011, 79.9% of the homes in Hindmarsh Valley were owner-occupied compared with 83.9% in 2016.
Hindmarsh Valley has 544 properties. Over the last 5 years, Houses in Hindmarsh Valley have seen a 67.89% increase in median value. As at 31 October 2024:
- The median value for Houses in Hindmarsh Valley is $990,342 while the median value for Units is $804,723.
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