SOLD
Sold on 18 Oct 2023 for $375,000

5/2 Reservoir Road
Hope Valley SA 5090

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 95m2
Land area: 164m2
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Property Details for 5/2 Reservoir Rd, Hope Valley

5/2 Reservoir Rd, Hope Valley is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1993. The property has a land size of 164m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Hope Valley in the last 12 months.

Building Type
Unit
Year Built
1993
Floor Size
95m2
Land Size
164m2
Local Government
Tea Tree Gully
Lot/Plan
U5/S12333

Last Listing description (September 2020)

Neat, spacious 2 bedroom single storey unit set back from the road. Good size bedrooms, master bedroom with built in robe, separate lounge, kitchen overlooking dining room with sliding doors to rear paved courtyard, bathroom has full size bath, separate toilet, separate laundry, lock up garage. Other features include evaporative cooling, gas wall heater & gas cooking. Close to bus routes & TTP.
A must see.
*No pets*

Property History for 5/2 Reservoir Rd, Hope Valley, SA 5090

A timeline of how this property has performed in the market
Last Sold
$375,000
18 Oct 2023
Listed for Rent
$320/w
01 Sep 2020
  • 18 Oct 2023
    Sold for $375,000
  • 05 Aug 2020
    Listed for Rent $320 / week
  • 05 Aug 2016
    Listed for Rent - Price not available
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About Hope Valley 5090

The size of Hope Valley is approximately 5.1 square kilometres. It has 23 parks covering nearly 35% of total area. The population of Hope Valley in 2011 was 7,639 people. By 2016 the population was 7,885 showing a population growth of 3.2% in the area during that time. The predominant age group in Hope Valley is 60-69 years. Households in Hope Valley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hope Valley work in a professional occupation. In 2011, 67.9% of the homes in Hope Valley were owner-occupied compared with 65.2% in 2016.

Hope Valley has 3,289 properties. Over the last 5 years, Houses in Hope Valley have seen a 84.90% increase in median value, while Units have seen a 90.24% increase. As at 31 July 2024:

  • The median value for Houses in Hope Valley is $751,669 while the median value for Units is $516,523.
  • Houses have a median rent of $578 while Units have a median rent of $430.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Hope valley on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Hope valley.

Suburb Insights for Hope Valley 5090

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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.