OFF MARKET

2/6-8 Korra Avenue
Kensington Gardens SA 5068

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
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Property Details for 2/6-8 Korra Ave, Kensington Gardens

2/6-8 Korra Ave, Kensington Gardens is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1975. The property has a floor size of 77m2.

Building Type
Townhouse
Year Built
1975
Floor Size
77m2
Local Government
Burnside

Last Listing description (January 2024)

UNDER INSTRUCTIONS FROM THE PUBLIC TRUSTEE

Auction Thursday 23rd November at 11am

Ideally positioned in the heart of this blue-chip suburb Kensington Gardens is this single storey home unit has loads of potential.

There are two good sized bedrooms, large lounge and dining area, kitchen, bathroom and separate laundry. Out the back is a private courtyard and lock up garage.
The property is certainly liveable now and although there have been some upgrades in the past, the property would respond well to a renovation.

Other features include:
- Feature bay window to the lounge room
- Ornate cornices
- Ducted reverse cycle air-conditioning
- Tiled floors throughout
- Large linen press
- Solar panels
- Remote roller door to garage

Situated in a quiet group and on a tree lined street, there is an oval/local park at one end of the street and the local shops only a short walk the other direction.
If you are looking for a first home or looking to downsize this one is definitely worth a look. What a great investment opportunity.

CT / Vol 5041 / Fol 175
Year built / 1975
Equivalent Building Area / 138sqm
Council / City of Burnside
Council Rates / $997.55 p.a.
Emergency Services Levy / $94.30 p.a.
SA Water / $155.56 p.q.
Strata Levy / $469.70 p.q.
Title / Strata
Zoning / Suburban Neighbourhood

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639

Property History for 2/6-8 Korra Ave, Kensington Gardens, SA 5068

A timeline of how this property has performed in the market
  • 31 Oct 2023
    Listed for Sale Not Disclosed

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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 8 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.