OFF MARKET

8/35 Irene Avenue
Hope Valley SA 5090

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 127m2
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Property Details for 8/35 Irene Ave, Hope Valley

8/35 Irene Ave, Hope Valley is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1984. The property has a land size of 127m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1984
Floor Size
73m2
Land Size
127m2
Local Government
Tea Tree Gully
Lot/Plan
U8/S6000

Last Listing description (October 2024)

Ideal investment . Already tenanted until March 2023 to a fabulous long term tenant who would love to continue the tenancy.. Currently paying $295 Per Week.
The single storey homette is located at the rear of the group ensuring complete privacy and solitude. The home has a large separate lounge and dining with reverse cycle air conditioning plus a separate kitchen with ample cupboard and bench space.. Both bedrooms are of generous proportions with the master having built in wardrobes. A bathroom and w.c complete the interior of the home.

A special feature of the home is the size and features of the rear entertaining area. There are 2 individual areas, ideal for the morning coffee or late afternoon wine and also a level lawn area complete with workshop . There is a carport next to the unit which allows easy access to the front door and also the added bonus of access to the rear - perfect for a trailer or caravan or second or 3rd vehicle-very unusual for a unit at this price.
All this in a self managed group of 8 which means minimal fees and less meetings etc .

Hope Valley is a suburb of Adelaide in the City of Tea Tree Gully. The entire area is now residential, focused around the Hope Valley Shopping Centre. Just up the road from The Valley Inn, on the northern side of Grand Junction Road is Torrens Valley Christian School, a local private non-denominational Christian school.

Property History for 8/35 Irene Ave, Hope Valley, SA 5090

A timeline of how this property has performed in the market
Last Sold
$340,000
31 Mar 2023
Listed for Rent
$285/w
18 Feb 2020
  • 31 Mar 2023
    Sold for $340,000
  • 04 Jan 2023
    Listed for Sale RECENT SALES
  • 08 Jul 2020
    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 3,300 properties. Over the last 5 years, Houses in Hope Valley have seen a 89.83% increase in median value, while Units have seen a 101.51% increase. As at 31 October 2024:

  • The median value for Houses in Hope Valley is $789,451 while the median value for Units is $542,701.
  • Houses have a median rent of $580 while Units have a median rent of $445.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Hope valley on OnTheHouse. According to CoreLogic's data, 159 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.