OFF MARKET

3/18 Water Street
Kensington Park SA 5068

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 190m2
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Last updated 11 Nov 2024
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Property Details for 3/18 Water St, Kensington Park

3/18 Water St, Kensington Park is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1971. The property has a land size of 190m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
House
Year Built
1971
Floor Size
84m2
Land Size
190m2
Local Government
Burnside
Lot/Plan
U3/S573

Last Listing description (May 2017)

Situated in just a small group of three units this spacious solid brick homette offers a fantastic opportunity for savvy investors or first home buyers to purchase in one of Adelaide's this popular eastern suburbs. Featuring an entry hall, large lounge room, separate dining room, light and bright kitchen, 2 large bedrooms, bathroom, separate laundry and a single garage with roller door.
The private large rear yard has fruit trees and a veranda area that's perfect for entertaining friends or just sitting in the leafy surrounds enjoying the peace and quiet.
While the property is currently very serviceable there is scope to stamp your own style and reap the rewards.

Located in a wide tree lined street and close to local shopping, cafes and transport this is an outstanding opportunity.
The unit is currently tenanted on a periodic lease at $290 per week.
Inspection is highly recommended.

Property History for 3/18 Water St, Kensington Park, SA 5068

A timeline of how this property has performed in the market
Last Sold
$370,500
02 Jun 2016
Listed for Rent
$290/w
10 Feb 2015
  • 02 Jun 2016
    Sold for $370,500
  • 11 Feb 2016
    Listed for Sale $385,000 - $410,000
  • 14 Jan 2015
    Listed for Rent $290 / week

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About Kensington Park 5068

The size of Kensington Park is approximately 1.1 square kilometres. It has 5 parks covering nearly 10.4% of total area. The population of Kensington Park in 2011 was 2,492 people. By 2016 the population was 2,529 showing a population growth of 1.5% in the area during that time. The predominant age group in Kensington Park is 10-19 years. Households in Kensington Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kensington Park work in a professional occupation. In 2011, 70.3% of the homes in Kensington Park were owner-occupied compared with 69.7% in 2016.

Kensington Park has 1,182 properties. Over the last 5 years, Houses in Kensington Park have seen a 70.41% increase in median value, while Units have seen a 60.15% increase. As at 31 October 2024:

  • The median value for Houses in Kensington Park is $1,701,291 while the median value for Units is $648,672.
  • Houses have a median rent of $720 while Units have a median rent of $530.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Kensington park on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Kensington park.

Suburb Insights for Kensington Park 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.