16/7 Lorne AvenueMagill SA 5072
Property Details for 16/7 Lorne Ave, Magill
16/7 Lorne Ave, Magill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 71m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Last Listing description (December 2019)
This is one rare opportunity to enter into residential real estate in the very popular suburb of Magill. This apartment is ideally priced for those looking for a future in this ever appreciating suburb. It has 2 bedrooms, 1 bathroom and one carpark and offers all the comforts of a home for the young couple or family. Being adjacent to the UniSA Magill campus, opposite the road to free council tennis courts, walking distance to Magill town centre, within popular primary and high school zones, and just 7km straight road to the city, the location is perfect.
And the apartments are well maintained, receded from the road, and nestled in green and quiet surroundings. It is not surprising that it is fetching high rental returns. AND it is priced to sell!!!
Property History for 16/7 Lorne Ave, Magill, SA 5072
- 22 Feb 2016Sold for $261,000
- 01 Jan 2016Listed for Rent - Price not available
- 01 Dec 2015Listed for Sale $260,000 - $280,000
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0About Magill 5072
The size of Magill is approximately 3.5 square kilometres. It has 18 parks covering nearly 6.4% of total area. The population of Magill in 2011 was 8,229 people. By 2016 the population was 8,845 showing a population growth of 7.5% in the area during that time. The predominant age group in Magill is 30-39 years. Households in Magill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Magill work in a professional occupation. In 2011, 63.3% of the homes in Magill were owner-occupied compared with 65.1% in 2016.
Magill has 4,877 properties. Over the last 5 years, Houses in Magill have seen a 77.00% increase in median value, while Units have seen a 62.95% increase. As at 31 October 2024:
- The median value for Houses in Magill is $1,172,453 while the median value for Units is $612,156.
- Houses have a median rent of $628 while Units have a median rent of $483.
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