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Sold on 19 Feb 2024 for $695,000

532 Magill Road
Magill SA 5072

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 510m2
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Property Details for 532 Magill Rd, Magill

Building Type
Land
Land Size
510m2
Local Government
Burnside
Lot/Plan
A490/D131457

Last Listing description (February 2024)

Welcome to Lot 490, 532 MAGILL ROAD Magill! This stunning residential land is now available for sale, offering an incredible opportunity for those looking to build their dream home in a highly sought-after location.

Situated in the heart of Magill, this property boasts a prime position that is sure to impress. This is a fantastic investment opportunity for both homeowners and developers alike.

Beyond the location, the proposed floorplan configures single storey 5 rooms layout, with good size back yard.

Surrounded by established homes and within close proximity to local amenities, including schools, parks, and shopping precincts, this property offers the perfect balance of convenience and tranquility. Enjoy the best of both worlds with easy access to the city while still being able to retreat to a peaceful and serene environment.

Don't miss out on this incredible opportunity to secure a slice of prime real estate in Magill. Whether you're looking to build your forever home or make a savvy investment, this property ticks all the boxes. Contact us today to arrange a viewing and start envisioning your future in this exceptional location.

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Property History for 532 Magill Rd, Magill, SA 5072

A timeline of how this property has performed in the market
Last Sold
$695,000
19 Feb 2024
  • 06 Mar 2024
    Sold for $695,000

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About 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 4,864 properties. Over the last 5 years, Houses in Magill have seen a 75.29% increase in median value, while Units have seen a 60.99% increase. As at 30 September 2024:

  • The median value for Houses in Magill is $1,150,474 while the median value for Units is $608,468.
  • Houses have a median rent of $625 while Units have a median rent of $485.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Magill on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Magill.

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Vincent Law
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Constantine Pappas
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Raine & Horne Unley
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