SOLD
Sold on 15 Sep 2023 for $361,550

5/61 Reservoir Road
Hope Valley SA 5090

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 239m2
Sold By
Boffo Real Estate
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Property Details for 5/61 Reservoir Rd, Hope Valley

5/61 Reservoir Rd, Hope Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 239m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Hope Valley in the last 12 months.

Building Type
Unit
Year Built
1978
Land Size
239m2
Local Government
Tea Tree Gully
Lot/Plan
U5/S3717

Last Listing description (August 2023)

Investors eager to bolster their portfolio with a low-maintenance and rental-ready property in a prized location need look no further than this easy-care unit.

This easy-care unit offers a functional and inviting layout, featuring two bedrooms and one bathroom. The kitchen and living area are bathed in soft natural light, creating a welcoming ambiance. With neutral flooring and ducted air-conditioner, comfort is ensured all year-round. The well-appointed kitchen boasts ample bench space and storage, making it an easy for any aspiring chief and perfect for hosting your loved ones.


Tucked within a well-maintained complex, this impressive unit will appeal to a wide range of house hunters. Local cafes and shopping precincts are just at your fingertips, and convenient on-foot access to bus links, supermarkets, and schools add to the appeal.

Don't miss out on this golden investment opportunity!

Features that make this home special:
- Two well-sized bedrooms both with built-in robes
- Light-filled living room
- Practical kitchen offering gas cooktop and ample cupboard and bench space
- Main bathroom with shower, bathtub and WC
- Separate laundry with direct access into courtyard
- Low-maintenance courtyard with storage shed
- Secure single garage for convenient and direct off-street parking
- Currently tenanted to a long-term tenant until November 2023 for $590.00 per fortnight

For further information please contact Lidija Kies on 0477 779 579, Allison Bartlett on 0456 019 292 or 8269 7711 (office).

Located in close proximity to a great variety of early learning centres, public and private schools. Various sporting grounds and parks are all nearby. You are spoilt for choice with shopping options - Hope Valley Shopping Centre and all the shopping and entertainment that Tea Tree Plaza has to offer is only a quick drive away. Easy access to the CBD via the O'Bahn at Tea Tree Plaza Interchange.

All information contained herewith, including but not limited to the general property description, price and the address, is provided to Boffo Real Estate by third parties. We have obtained this information from sources we believe to be reliable; however, we have not verified and do not guarantee its accuracy. The information contained should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

RLA 313174

Property History for 5/61 Reservoir Rd, Hope Valley, SA 5090

A timeline of how this property has performed in the market
Last Sold
$361,550
15 Sep 2023
Listed for Rent
$265/w
15 Sep 2016
  • 15 Sep 2023
    Sold for $361,550
  • 02 Aug 2023
    Listed for Sale $330,000 - $360,000
  • 05 Sep 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.

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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.