SOLD
Sold on 16 Sep 2024 for $2,088,000

409 The Parade
Kensington Gardens SA 5068

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 166m2
Land area: 1382m2
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Property Details for 409 The Parade, Kensington Gardens

409 The Parade, Kensington Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 1382m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Kensington Gardens in the last 12 months.

Building Type
House
Year Built
1925
Floor Size
166m2
Land Size
1382m2
Local Government
Burnside
Lot/Plan
A74/D1789

Last Listing description (September 2024)

The classic beauty of this bungalow on a whopping allotment in a blue-chip locale presents an irresistible opportunity to families, renovators and developers.

Perched across from the magnificent Kensington Gardens Reserve so popular with the locals, this grand old home bestows its sentimental presence upon a 1382sqm rambling allotment with generous 25.91m (approx.) street frontage.

Featuring three palatial bedrooms, a character-laden formal lounge and a kitchen that extends to connected dining, it is a charming residence that will steal the hearts of buyers, adorned as it is with gorgeous period features that are simply delightful. Discover the romantic fireplace, the intricate ceilings, the exquisite timber fretwork and the period windows... and of course the iconic wrap-around verandah.

Partial updates and a flexible floorplan let you continue the transformation into a home of distinction enhanced by modern inclusions. But there is also the obvious development potential (STCC) on a substantial block of land which is currently under-utilised.

- Prestigious eastern suburbs location close to Pembroke School
- Walk to The Parade boutique shopping and dining precinct
- Short drive into the CBD
- Local wine bars, cafes, restaurants, reserves
- Popular public schools nearby
- Grand formal entry hallway
- Garden-facing master bedroom with a fireplace and window seat
- Expansive airconditioned lounge with built-in bench seating
- Plus-sized 2nd and 3rd bedrooms
- Bedroom 3 features a ceiling fan and dual entry
- Two sparkling bathrooms and a guest w/c
- Spacious kitchen ready for a reno
- Semi-open kitchen to dining connection
- Floating floorboards and tiles in the kitchen/dining area
- Undercover outdoor entertaining space
- Large established garden
- Single garage or storage shed and driveway parking
- Zoned Magill School and Norwood International High School

RLA 285309

Property History for 409 The Parade, Kensington Gardens, SA 5068

A timeline of how this property has performed in the market
Last Sold
$2,088,000
16 Sep 2024
Listed for Rent
$800/w
17 Sep 2024
  • 16 Sep 2024
    Sold for $2,088,000
  • 15 Apr 2024
    Listed for Sale Not Disclosed
  • 10 Feb 2020
    Listed for Rent $470 / week
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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 5 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.