OFF MARKET

2/5 Lorraine Avenue
Lockleys SA 5032

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 124m2
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Last updated 14 Oct 2024
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Property Details for 2/5 Lorraine Ave, Lockleys

2/5 Lorraine Ave, Lockleys is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 124m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
1965
Floor Size
74m2
Land Size
124m2
Local Government
West Torrens
Lot/Plan
U2/S2441

Last Listing description (November 2016)

Nestled amongst quality homes and in a quiet group of four this super convenient location is centrally positioned between the CBD and beach in addition to being a short walk to the lush Mellor Reserve, River Torrens Linear Park, ample public transport and local schools plus Kooyonga Golf Course only a short commute away. This affordable entry into the blue chip and sought after Lockleys postcode is perfect for the first home buyer, investor and downsizer.
This solid brick unit comprises of 2 spacious bedrooms, refreshed bathroom and kitchen plus separate laundry, large lounge, private outdoor courtyard as well as brand new split system air conditioning, 1.5kW solar panel system and secure carport parking.
Contact the sales real estate agent at Ray White West Torrens on (08) 7070 0595 for further information on this fantastic opportunity.

Property History for 2/5 Lorraine Ave, Lockleys, SA 5032

A timeline of how this property has performed in the market
Last Sold
$295,000
14 Dec 2016
  • 14 Dec 2016
    Sold for $295,000
  • 12 Oct 2016
    Listed for Sale $265,000 - $285,000

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About Lockleys 5032

The size of Lockleys is approximately 3.1 square kilometres. It has 10 parks covering nearly 28.9% of total area. The population of Lockleys in 2011 was 5,449 people. By 2016 the population was 5,621 showing a population growth of 3.2% in the area during that time. The predominant age group in Lockleys is 50-59 years. Households in Lockleys are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lockleys work in a professional occupation. In 2011, 72.7% of the homes in Lockleys were owner-occupied compared with 74.6% in 2016.

Lockleys has 2,679 properties. Over the last 5 years, Houses in Lockleys have seen a 89.30% increase in median value, while Units have seen a 68.79% increase. As at 30 September 2024:

  • The median value for Houses in Lockleys is $1,239,310 while the median value for Units is $526,862.
  • Houses have a median rent of $665 while Units have a median rent of $445.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Lockleys on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Lockleys.

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