OFF MARKET

450A The Parade
Kensington Gardens SA 5068

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Land area: 1052m2
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Property Details for 450a The Parade, Kensington Gardens

450a The Parade, Kensington Gardens is a 7 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 1052m2.

Building Type
House
Land Size
1052m2
Local Government
Burnside
Lot/Plan
A233/D1789

Last Listing description (April 2019)

An outstanding, "one off" real estate investment in this blue chip eastern suburbs location.

2 well proportioned properties on the one title sited on some 1,038sqm of land with commanding frontage to The Parade and only minutes from The Parade shopping precinct and Pembroke and St Peter's Girls Schools.


Residence 1:
Beautifully presented providing quality family accommodation with up to 5 bedrooms and 2 bathrooms. Spacious lounge with northerly aspect. Neat kitchen/ dine, air conditioning and double carport plus separate studio, perfect as an office or hobby room.

Rental Potential - $460 to $500 p/w.

Residence 2:
Spacious, fully self contained homette style property with 2 large bedrooms, functional kitchen adjacent dining, full bathroom with second toilet and garage/ workshop.

Rental Potential - $320 to $350 p/w.

Whether you are looking for a large family home plus investment potential or simply want to combine families this home has to be on your list.

OUWENS CASSERLY - MAKE IT HAPPEN

Property History for 450a The Parade, Kensington Gardens, SA 5068

A timeline of how this property has performed in the market
  • 09 Apr 2019
    Listed for Sale $850K - $900K
  • 20 Mar 2019
    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.

Suburb Insights for Kensington Gardens 5068

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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.