5/24 Reservoir RoadHope Valley SA 5090
Property Details for 5/24 Reservoir Rd, Hope Valley
5/24 Reservoir Rd, Hope Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 170m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (August 2024)
Located in a small group of 6 and configured in pairs so no adjoining walls, this neat, well presented homette is ready to move in. Ideal for an investor, (ready-made fabulous tenant if required), first home buyer or great for retirees. Meters from the bus stops and easy walk to Tea Tree Plaza and all the other conveniences that Tea Tree Gully has to offer.
Separate lounge and adjoining kitchen and dining room with reverse cycle air conditioning. Ample cupboard and bench space plus a separate laundry and w.c. Both bedrooms are of generous proportions with the master having built in robes.
A special feature of the home is the excellent rear entertaining area with undercover verandah – perfect for all year round entertaining and also there is a tool shed plus room for a garden area and a veggie patch. The lock up garage has an automatic roller door and extra parking at the front plus parking bays for friends and family. Only a short walk to the updated Tea Tree Plaza with its major fashion outlets & popular trendy eateries/cafes and cinemas, across the road from a reserve, and with public transport literally at your doorstep. This is the perfect opportunity and an inspection is a must.
With moderate quarterly fees including insurance, this delightful property is priced to sell.
Property History for 5/24 Reservoir Rd, Hope Valley, SA 5090
- 16 Nov 2021Sold for $300,000
- 07 Sep 2021Listed for Sale UNDER CONTRACT/OFFER
- 09 May 2017Listed for Rent - Price not available
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0About 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 3,293 properties. Over the last 5 years, Houses in Hope Valley have seen a 88.46% increase in median value, while Units have seen a 100.53% increase. As at 30 September 2024:
- The median value for Houses in Hope Valley is $778,406 while the median value for Units is $539,861.
- Houses have a median rent of $580 while Units have a median rent of $440.
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