SOLD
Sold on 25 Jan 2024 for $670,000

1/15 East Terrace
Kensington Gardens SA 5068

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 120m2
Sold By
Toop + Toop Norwood
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Property Details for 1/15 East Tce, Kensington Gardens

1/15 East Tce, Kensington Gardens is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 120m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Kensington Gardens in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
95m2
Land Size
120m2
Local Government
Burnside
Lot/Plan
U1/S645

Last Listing description (January 2024)

Nestled in the tranquil streets of Kensington Gardens, this single-level unit is a hidden gem in a small, intimate group of five. Perfect for first home buyers, those looking to downsize or savvy investors, this property offers a lock-up-and-leave lifestyle that appeals to all.

Bathed in natural light, the spacious open-plan living area is a welcoming retreat. The bay window, a charming feature, is the ideal spot to enjoy your morning coffee as the sun streams in. Every culinary need is catered for with the well-equipped kitchen complete with stainless-steel appliances, an induction cooktop, and ample storage.

The master bedroom is a luxurious king-size haven, complete with reverse cycle air conditioning and abundant storage with built-in robes. Ceiling fans and quality carpeting add to the comfort of both bedrooms. The fully renovated bathroom includes neutral tones, floor-to-ceiling tiles, an updated vanity, and frameless shower.

The private rear courtyard, complete with decking and a large umbrella, is an entertainer's dream. The secure carport behind gates can be used as additional covered outdoor living space, extending the area for gatherings.

Living in the East offers a wealth of amenities. The Parade, with its boutique shopping, cafes, and eateries, is less than a 10-minute drive away. The CBD is a mere 15 minutes away, and the Kensington Gardens Reserve is within walking distance with public transport conveniently close by.

Key features include:

- Recently updated window furnishings in bedrooms, plantation shutter in living area
- Reverse cycle air conditioner in master, evaporative cooling and ceiling fans in both bedrooms
- Separate laundry with ample storage, additional linen cupboard in hallway
- Alarm system to front and rear door
- Extra storage space in the roof, accessible by folding ladder
- Zoned to Magill Primary School and Norwood International High, with private colleges including Pembroke, St Peters, and PAC a short drive away

Property History for 1/15 East Tce, Kensington Gardens, SA 5068

A timeline of how this property has performed in the market
Last Sold
$670,000
25 Jan 2024
Listed for Rent
$410/w
04 Feb 2021
  • 25 Jan 2024
    Sold for $670,000
  • 06 Dec 2023
    Listed for Sale Offers now brought forward to 12pm Monday 18th Dec
  • 09 Apr 2021
    Sold for $475,000
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About Kensington Gardens 5068

The size of Kensington Gardens is approximately 1.1 square kilometres. It has 1 park covering nearly 16.2% of total area. The population of Kensington Gardens in 2011 was 2,340 people. By 2016 the population was 2,449 showing a population growth of 4.7% in the area during that time. The predominant age group in Kensington Gardens is 20-29 years. Households in Kensington Gardens are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kensington Gardens work in a professional occupation. In 2011, 65.5% of the homes in Kensington Gardens were owner-occupied compared with 64.2% in 2016.

Kensington Gardens has 1,262 properties. Over the last 5 years, Houses in Kensington Gardens have seen a 77.42% increase in median value, while Units have seen a 64.46% increase. As at 31 October 2024:

  • The median value for Houses in Kensington Gardens is $1,629,202 while the median value for Units is $660,036.
  • Houses have a median rent of $690 while Units have a median rent of $510.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Kensington gardens on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Kensington gardens.

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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.