3/18 Water StreetKensington Park SA 5068
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.
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.
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
- 02 Jun 2016Sold for $370,500
- 11 Feb 2016Listed for Sale $385,000 - $410,000
- 14 Jan 2015Listed 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 1,185 properties. Over the last 5 years, Houses in Kensington Park have seen a 73.74% increase in median value, while Units have seen a 65.21% increase. As at 31 August 2024:
- The median value for Houses in Kensington Park is $1,729,288 while the median value for Units is $662,610.
- Houses have a median rent of $760 while Units have a median rent of $490.
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