SOLD
Sold on 04 Dec 2024 for $690,000

5 Gimbi Street
Ingle Farm SA 5098

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 628m2
Sold By
Lands Real Estate Stepney RLA1609
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Property Details for 5 Gimbi St, Ingle Farm

5 Gimbi St, Ingle Farm is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1969. The property has a land size of 628m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom House sold in Ingle Farm in the last 12 months.

Building Type
House
Year Built
1969
Floor Size
101m2
Land Size
628m2
Local Government
Salisbury
Lot/Plan
A409/D7959

Last Listing description (October 2024)

Seize the rare chance to acquire this spacious allotment in the highly sought-after suburb of Ingle Farm. Sitting on 628 square meters, this property provides generous space, perfect for creating your dream homes or maximising investment potential.

This great property boasts an ideal location in close proximity to a range of essential amenities. Nearby, you can enjoy the beauty of several stunning parks and green spaces including Rowe Park, Keyworth Green, and Stokes Green, allowing you to embrace the outdoors. Ingle Farm Shopping Centre is just down the road and offers an array of dining choices at various cafes and restaurants, along with a diverse selection of shopping options including Kmart, Coles, and Aldi. The area also features quality schools such as Ingle Farm Primary, Ingle Farm East Primary, and Valley View Secondary.

Key features include:

> Three well appointed bedrooms with built-in robes to bedrooms two and three.
> The generous living room features an air-conditioner and provides you with the perfect space to relax and wind down with family and friends.
> The kitchen is equipped with an electric cooktop and a double sink.
> Step outside to the spacious backyard where you will find a large rumpus / games room as well as plenty of lawn for the kids and pets to play!
> The bathroom is positioned centrally within the home.
> The laundry offers direct access to the toilet.
> The backyard also offers a rainwater tank and garden shed.
> Linen press for your convenience.
> Carport with undercover parking space for one vehicle.

This property is currently tenanted for $470 per week until the 26th of June 2025.

Details:

Certificate of Title | 5544 / 399
Title | Torrens Title
Year Built | 1969
Land Size | 628 sqm approx
Frontage | 3.1 / 12.7 meters approx
Cooktop | Electric
Council | City of Salisbury
Council Rates | $TBA pa
Water Rates | $TBC pq

All information provided has been obtained from sources we believe to be accurate. However neither the agent or vendor guarantee this information and we accept no liability for any errors or omissions. All interested parties should seek their own independent legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at Lands Real Estate's office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA 1609.

Property History for 5 Gimbi St, Ingle Farm, SA 5098

A timeline of how this property has performed in the market
Last Sold
$690,000
04 Dec 2024
Listed for Rent
$450/w
14 Sep 2022
  • 04 Dec 2024
    Sold for $690,000
  • 17 Jul 2024
    Listed for Sale $675,000 - $725,000
  • 12 Aug 2022
    Listed for Rent $450 / week
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About Ingle Farm 5098

The size of Ingle Farm is approximately 4.5 square kilometres. It has 26 parks covering nearly 16.3% of total area. The population of Ingle Farm in 2011 was 8,620 people. By 2016 the population was 8,825 showing a population growth of 2.4% in the area during that time. The predominant age group in Ingle Farm is 30-39 years. Households in Ingle Farm are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ingle Farm work in a trades occupation. In 2011, 73.5% of the homes in Ingle Farm were owner-occupied compared with 71.7% in 2016.

Ingle Farm has 4,587 properties. Over the last 5 years, Houses in Ingle Farm have seen a 117.20% increase in median value, while Units have seen a 141.19% increase. As at 30 November 2024:

  • The median value for Houses in Ingle Farm is $743,587 while the median value for Units is $490,899.
  • Houses have a median rent of $570 while Units have a median rent of $350.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Ingle farm on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Ingle farm.

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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.