OFF MARKET

7 Holme Avenue
Lower Mitcham SA 5062

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 136m2
Land area: 1836m2
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Property Details for 7 Holme Ave, Lower Mitcham

Building Type
Land
Year Built
1960
Floor Size
136m2
Land Size
1836m2
Local Government
Mitcham
Lot/Plan
A64/D3785

Last Listing description (May 2021)

Glorious land - very rarely does an opportunity such as this one present itself.

On offer here is a completely flat block, without any significant trees on a truly enormous 1,836 sqm allotment (approx.). It has been a long six years since a larger allotment has come to the market for sale in Lower Mitcham, now that's rare!

While the existing dwelling is perfectly habitable, this will most likely be the site of your new home.

The location of this property is very hard to top. Mitcham shopping centre, Mitcham railway station, Scotch College, local sporting clubs and the busy community strip on Belair Road are all approximately less than 1 kilometre from the front door. Even the magnificent city of Adelaide is approximately 5 kms away!

Buyers be aware that the state zoning laws are changing on March 19th 2021. This property will fall into a new planning provisions, which may change the development options on the allotment (STCC). Please make your own enquiries with Mitcham Council.

Additional features & benefits:

Much of the land is well manicured with flowing lawns and native plants.

A fully fenced tennis court is a wonderful addition to the property but requires restoration

A paved outside entertaining space provides magnificent views of the surrounding Adelaide hills, enjoy them while you sit in the tranquillity of your large and private property.

The circa 1950 brick home has had many improvements in its time. While it would still benefit from some more work, you will find the home large, well maintained and easily habitable for a family.

All areas of the house are serviced by ceiling fans, with a large reverse cycle split system in the living room providing year round comfort.
All bedrooms are of a good size and feature built in robes.

The bathroom is largely original but is tidy and well maintained. The laundry is large and has an abundance of storage options.
A U-shaped kitchen is functional, with loads of bench space and yes, even more storage!

Two further great features of this home are the separate dining room which has ample space to entertain guests and the sun room, which provides the option of a second living area or retreat.

Outside, a solid brick shed functions as a work space with separate tools area. It also has its own wet area with bathroom and toilet.

Such a rare property in an enviable location is sure to be popular. Do not miss out, register your interest with us today!

CT / Vol 5724 / Fol 349
Year built / Circa 1950/60
Land Size / 1,836 sqm approx.
Council / City of Mitcham
Council Rates / $2,618.10 p.a.
Water & Sewer / $249.35 p.q.
ESL / $141.50 p.a.
Torrens Title
Frontage / 12.19
Zoning / Residential Policy Area 8 (central plains)

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Speak to TURNER Property Management about managing this property

#expectmore

Property History for 7 Holme Ave, Lower Mitcham, SA 5062

A timeline of how this property has performed in the market
Last Sold
$1,360,000
14 May 2021
  • 14 May 2021
    Sold for $1,360,000
  • 09 Mar 2021
    Listed for Sale Contracted at Auction
  • 23 Feb 2010
    Transferred

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About Lower Mitcham 5062

The size of Lower Mitcham is approximately 0.9 square kilometres. It has 3 parks covering nearly 1.3% of total area. The population of Lower Mitcham in 2011 was 2,063 people. By 2016 the population was 2,140 showing a population growth of 3.7% in the area during that time. The predominant age group in Lower Mitcham is 50-59 years. Households in Lower Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower Mitcham work in a professional occupation. In 2011, 79.1% of the homes in Lower Mitcham were owner-occupied compared with 79.6% in 2016.

Lower Mitcham has 967 properties. Over the last 5 years, Houses in Lower Mitcham have seen a 75.03% increase in median value, while Units have seen a 80.48% increase. As at 31 December 2024:

  • The median value for Houses in Lower Mitcham is $1,402,720 while the median value for Units is $573,276.
  • Houses have a median rent of $650 while Units have a median rent of $350.
There are currently 1 property listed for sale, and no properties listed for rent in Lower mitcham on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Lower mitcham.

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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.