OFF MARKET

3/408 The Parade
Kensington Gardens SA 5068

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 215m2
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Property Details for 3/408 The Parade, Kensington Gardens

3/408 The Parade, Kensington Gardens is a 2 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 215m2 and floor size of 83m2.

Building Type
Unit
Year Built
1974
Floor Size
83m2
Land Size
215m2
Local Government
Burnside
Lot/Plan
U3/S81

Last Listing description (April 2021)

Positioned in the heart of Kensington Gardens on The Parade, this lovely and very neat 2 bedroom colonial unit is located at the rear of a group of six.

The corner position gives the property a private L shaped rear yard, which has established garden beds, lawn and plenty of room for either a young family or someone seeking some solitude amongst the beautiful trees surrounding the
property.

This property would ideally suit a couple or first home buyer looking to gain a foothold in this highly sought-after area, a retired person or an astute investor looking for low maintenance and conveniently located property.

Features include:
- Comfortable lounge/dining space with wall mounted R/C A/C
- 2 well sized bedrooms with colonial bay windows over looking the delightful rear garden
- Compact kitchen
- Lock-up carport
- Carpets throughout

Schools in close proximity include:
- Pembroke College
- Marryatville High School
- Marryatville Primary School
- Mary McKillop College
- Norwood Morialta High School

Property History for 3/408 The Parade, Kensington Gardens, SA 5068

A timeline of how this property has performed in the market
  • 17 Mar 2021
    Listed for Sale $410,000

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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, 67 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.