OFF MARKET

5 Bank Street
Kilburn SA 5084

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 871m2
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Property Details for 5 Bank St, Kilburn

5 Bank St, Kilburn is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1923. The property has a land size of 871m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1923
Floor Size
110m2
Land Size
871m2
Local Government
Port Adelaide Enfield
Lot/Plan
A53/D22974

Last Listing description (November 2023)

ONLY 2 REMAINING!

Welcome to an exciting new development in the heart of Kilburn, offering a great opportunity for first-time homebuyers. With a total of 6 proposed residences, this community promises to be the perfect place for you to start your homeownership journey.


Constructed by award winning builder Alliance Development & Construction, these homes fully embrace the concept of turnkey living ensuring a hassle free move-in experience. As a first-time buyer, you'll enjoy the significant advantage of no stamp duty and the potential eligibility for the First Home Buyers Grant (Up to $40,000 in value for eligible buyers). Construction is scheduled to commence in March 2024.

Each townhouse boasts a spacious open-plan living, kitchen, and dining space, 3 generous sized bedrooms with built in robes ensuring ample storage, centrally located bathrooms and a secure single garage providing convenient parking and additional storage space, enhancing the practicality of this property.

Don't miss out on this chance to secure an affordable and well-designed home in the heart of Kilburn.

This project also has an opportunity for those who want to make the most of the shared equity scheme through HomeStart, contact us to find out more about the offering as it is an attractive option for those entering the housing market.

What we love:
- No Stamp Duty (subject to eligibility)
- First Home Buyers Grant available (subject to eligibility)
- Full Turn Key homes
- Fully ducted R/C heating & cooling
- Open plan living, kitchen & dining
- 3 bedrooms all with built-in robes
- Secure single garage
- Minutes from the Adelaide CBD, North Adelaide and Universities
- Option of 2 colour schemes: Light & Dark
- Upgrade options available
- Great investment opportunity (possible rental return $550 - $600 per week)

Availability:
Residence 2
Residence 3

To book your dedicated one-on-one project meeting, please contact Jed Redden or Chelsea Casey for more information.

Property History for 5 Bank St, Kilburn, SA 5084

A timeline of how this property has performed in the market
Last Sold
$749,888
11 Nov 2022
Listed for Rent
$500/w
25 Oct 2022
  • 28 Nov 2023
    Listed for Sale $519,000
  • 11 Nov 2022
    Sold for $749,888
  • 07 Oct 2022
    Listed for Rent $500 / week
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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 2,589 properties. Over the last 5 years, Houses in Kilburn have seen a 75.54% increase in median value, while Units have seen a 65.44% increase. As at 31 July 2024:

  • The median value for Houses in Kilburn is $763,373 while the median value for Units is $444,893.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 9 properties listed for sale, and 1 property listed for rent in Kilburn on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Kilburn.

Suburb Insights for Kilburn 5084

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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.