OFF MARKET

2/44 Mortimer Street
Kurralta Park SA 5037

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 48m2
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Last updated 18 Nov 2024
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Property Details for 2/44 Mortimer St, Kurralta Park

2/44 Mortimer St, Kurralta Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1963. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
1963
Floor Size
48m2
Land Size
48m2
Local Government
West Torrens
Lot/Plan
U2/S2644

Last Listing description (March 2017)

This superb renovated and furnished unit will pay you to own it - how rare is that!!
With a potential rental return of $260pw, the outgoings are:
Council - $885pa, SA Water - $595pa, Strata - $1,020pa, and ESL - $128pa.

Potential rent for the year = $13,520. The outgoings of $2,628 + Interest Payments @5%pa of $10,750 = $13,378.
That not only means that you will have to pay nothing out of your own pocket, but you will have a surplus of $142!!
** You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.
Features of this gorgeous unit include:
- Desirable ground floor location
- Super spacious bedroom with floor to ceiling built in robes
- Well appointed kitchen complete with gas stove, microwave, and breakfast bar
- Open plan lounge room
- Full bathroom including laundry facilities
- Split system air conditioning
- All furniture and appliances are included (beds, chairs, sofa, desk, fridge, washing machine + dryer, and tv)
- Allocated off street car space
- Easy walk around the corner to the Centro Kurralta Shopping Centre
- Close proximity to public transport including the bus or tram and so much more!
This Is The Investment Unit You Have Been Looking For!!
Property Code: 328

Property History for 2/44 Mortimer St, Kurralta Park, SA 5037

A timeline of how this property has performed in the market
Last Sold
$160,000
10 Jul 2017
  • 10 Jul 2017
    Sold for $160,000
  • 19 Jul 2016
    Listed for Sale $205,000 - $210,000
  • 06 Jun 2005
    Sold for $112,000
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About Kurralta Park 5037

The size of Kurralta Park is approximately 0.8 square kilometres. It has 2 parks covering nearly 2.8% of total area. The population of Kurralta Park in 2011 was 2,573 people. By 2016 the population was 2,825 showing a population growth of 9.8% in the area during that time. The predominant age group in Kurralta Park is 20-29 years. Households in Kurralta Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kurralta Park work in a professional occupation. In 2011, 50.2% of the homes in Kurralta Park were owner-occupied compared with 48.3% in 2016.

Kurralta Park has 1,804 properties. Over the last 5 years, Houses in Kurralta Park have seen a 69.58% increase in median value, while Units have seen a 67.81% increase. As at 31 October 2024:

  • The median value for Houses in Kurralta Park is $1,015,193 while the median value for Units is $466,183.
  • Houses have a median rent of $650 while Units have a median rent of $455.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Kurralta park on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Kurralta park.

Suburb Insights for Kurralta Park 5037

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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.