31/127-129 Anzac Hwy, Kurralta Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 69m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
While the housing market soars to unimaginable heights, there is still a pocket of investment in real estate that retains affordability and future growth that will follow the housing market in time.
Located on a very popular strip for renters, is this neat 2 bedroom unit located on the 2nd floor complete with excellent tenants (currently paying $235 per week) that would love to stay on past their current lease. The property itself is functional but also provides excellent scope to renovate in the future to really prosper on your investment.
The property has ample parking, including a dedicated car park for this unit, and is positioned between the city and the sea with close proximity to both.literally a couple of minutes drive to the CBD.
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:
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