OFF MARKET

496 Prospect Road
Kilburn SA 5084

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 82m2
Land area: 459m2
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Last updated 16 Dec 2024
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Property Details for 496 Prospect Rd, Kilburn

496 Prospect Rd, Kilburn is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 459m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1955
Floor Size
82m2
Land Size
459m2
Local Government
Port Adelaide Enfield
Lot/Plan
A4/F39190

Last Listing description (May 2022)

Development site offered for sale by auction. Note photos of townhouses displayed are example photos only. Photos from a development in the same residential zoning and same council. Photos and floor plans displayed are there only to assist with ideas and possibilities for this site as a development. The land area is 459m2, the corner of Brunswick Street and Prospect Road. Facing Brunswick Street, it has a 36-metre frontage. Subject to council approvals this site is suitable as a new four townhouse site or two detached homes. Port Adelaide Enfield City council phone number 84056600 Additional clarification regarding developing this site independently is recommended.
Currently it is an ex-housing trust maisonette. If you require advice on demolition contact Dennis 0412847562 - Royal Park salvage. Dennis is a specialist in the removal of maisonette style of homes. For engineering advice for the removal of the dwelling call Bibbo engineering 82127966.
The redevelopment of this section of Kilburn along with Blair Athol is seeing these inner-City suburbs becoming a trendy cosmopolitan suburb to live. All infrastructure is already in place. Schools, public transport with the bus running along Prospect Road getting you into the City within 15 minutes. There are lots of local shops, cafes restaurants and major shopping centres along Prospect Road and all are nearby.

A new development on this site is assured to attract many first home buyers who are eager to be part of the transformation of this location. Buyers knowing the benefits that this location offers.
Currently the dwelling requires major renovation, therefore it is being offered primarily as land only. The dwelling has three bedrooms, a separate lounge, a separate kitchen & meals, one bathroom, a separate toilet and a laundry.
The home in its current state cannot be leased unless fully renovated.
The property is being sold to finalise an estate and will be auctioned.
Auction to be conducted onsite the 20th of February 2021 at 12 noon.
Settlement will be subject to probate being issued. Settlement will be no longer than seven days from the date of probate being issued or the day of probate being issued.
Probate maybe approximately eight weeks off.
This additional time will allow the successful purchaser to make an early start to obtaining planning and building approvals.
Auction terms and conditions will be on display three business days prior to the auction at 685 Port Road Woodville Park and thirty minutes prior the day of auction.

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Property History for 496 Prospect Rd, Kilburn, SA 5084

A timeline of how this property has performed in the market
Last Sold
$415,000
14 Sep 2021
  • 14 Sep 2021
    Sold for $415,000
  • 14 Jan 2021
    Listed for Sale Auction guide $345,000.00
  • 22 Jan 1998
    Sold for $45,000

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About Kilburn 5084

The size of Kilburn is approximately 2.9 square kilometres. It has 5 parks covering nearly 2.8% of total area. The population of Kilburn in 2011 was 5,101 people. By 2016 the population was 5,435 showing a population growth of 6.5% in the area during that time. The predominant age group in Kilburn is 20-29 years. Households in Kilburn are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kilburn work in a labourer occupation. In 2011, 40% of the homes in Kilburn were owner-occupied compared with 41.8% in 2016.

Kilburn has 2,591 properties. Over the last 5 years, Houses in Kilburn have seen a 87.51% increase in median value, while Units have seen a 81.85% increase. As at 30 November 2024:

  • The median value for Houses in Kilburn is $822,230 while the median value for Units is $487,817.
  • Houses have a median rent of $523 while Units have a median rent of $440.
There are currently 7 properties listed for sale, and 1 property listed for rent in Kilburn on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Kilburn.

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