OFF MARKET

57 Pierson Street
Lockleys SA 5032

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 116m2
Land area: 782m2
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Property Details for 57 Pierson St, Lockleys

57 Pierson St, Lockleys is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1966. The property has a land size of 782m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1966
Floor Size
116m2
Land Size
782m2
Local Government
West Torrens
Lot/Plan
A25/D8225

Last Listing description (July 2022)

Auction Saturday 14th of May at 2pm On-Site and via Gavl
Auction Gavl Link: https://x5u9a.app.goo.gl/yf2x

Situated in this very sort after and blue-chip location, this solid brick 1966 built 3-bedroom home with self contained and converted garage situated on a corner allotment with a very generous sized allotment of some 690sqm, is located only a short stroll from Linear Park and offers an exciting opportunity for those searching for the next family home or a savvy investment.

The ample sized family home consists of three large bedrooms with built in robes in the master and bedroom 2 and ceiling fans in all three. The centrally located living room is large enough for the whole family while seamlessly flowing through to the kitchen with stainless steel appliances and gas cooking.

Outside there is plenty of space to entertain under the alfresco area while the double length carport can be utilised for additional undercover space for the larger events. Also in the backyard is where you will find the fully converted and self contained garage, complete with its own kitchen, bathroom and laundry facilities. This could be the ideal teenagers retreat, space for an elderly family member or two or perhaps even AirBnB accommodation.

If not a family home this property would make for a fantastic investment with the front home currently rented for $480 per week and the converted garage currently fetching $285 per week.

Specifications:
CT / 5221/938
Council / City of West Torrens
Zoning / SN
Built / 1966
Land / 690sqm
Council Rates / $1259pa
SA Water / $189.95pq (approx.)
ES Levy / $168.5pa
Nearby Schools / Lockleys North P.S, Lockleys P.S, Kidman Park P.S, Flinders Park P.S, Underdale H.S, Thebarton Senior College, Warriappendi School

Property History for 57 Pierson St, Lockleys, SA 5032

A timeline of how this property has performed in the market
Last Sold
$993,000
13 Jul 2022
Listed for Rent
$450/w
11 May 2021
  • 13 Jul 2022
    Sold for $993,000
  • 27 Apr 2022
    Listed for Sale $865k
  • 17 Feb 2021
    Listed for Rent $450 / week
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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 2,690 properties. Over the last 5 years, Houses in Lockleys have seen a 78.53% increase in median value, while Units have seen a 87.19% increase. As at 31 December 2024:

  • The median value for Houses in Lockleys is $1,249,693 while the median value for Units is $554,802.
  • Houses have a median rent of $655 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Lockleys on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Lockleys.

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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.