324 The Parade Kensington SA 5068
Property Details for 324 The Parade, Kensington
Last Listing description (May 2016)
Fantastic opportunity to occupy your own standalone building in this tightly held address known as 324 The Parade, Kensington. Located minutes from the city and trendy Norwood shopping/cafe district this property would suit a range of uses (stcc). The new design will consist of a spacious open plan look mixed in with individual rooms. The property features high ceilings, ducted air conditioning, ample natural light, 5/6 car parks on site and amenities with shower. Be quick as properties like this don't come on the market everyday.
Renovations due to be completed mid 2016
Rent - $48,000 per annum plus GST & outgoings
(stcc) - subject to council consent
Property History for 324 The Parade, Kensington, SA 5068
- 10 May 2024Transferred
- 13 Apr 2016Listed for Rent $40,000 / year
- 27 Jan 2016Listed for Rent $40,000 / year
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About Kensington 5068
The size of Kensington is approximately 0.5 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Kensington in 2011 was 1,653 people. By 2016 the population was 1,765 showing a population growth of 6.8% in the area during that time. The predominant age group in Kensington is 20-29 years. Households in Kensington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kensington work in a professional occupation. In 2011, 45.2% of the homes in Kensington were owner-occupied compared with 41.9% in 2016.
Kensington has 897 properties. Over the last 5 years, Houses in Kensington have seen a 60.28% increase in median value, while Units have seen a 58.80% increase. As at 31 October 2024:
- The median value for Houses in Kensington is $1,319,073 while the median value for Units is $657,432.
- Houses have a median rent of $610 while Units have a median rent of $525.
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