OFF MARKET

540 Magill Road
Magill SA 5072

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 200m2
Land area: 400m2
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Property Details for 540 Magill Rd, Magill

540 Magill Rd, Magill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 400m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1950
Floor Size
200m2
Land Size
400m2
Local Government
Burnside
Lot/Plan
A56/F140317

Last Listing description (October 2020)

Auction Location: On Site.

SOLD AT AUCTION FOR A PREMIUM PRICE- MORE PROPERTIES WANTED! CALL KARINA!

Offered to the market for the first time in 50 years this house is perfectly positioned on a corner block in the sought-after Eastern suburbs of Magill. The property will appeal to buyers looking for a generous allotment to either renovate, demolish and build their dream home or a multiple townhouse development.

On offer is approx 685 sqm approx) site (STCC) with 43m depth approx and 16.3 frontage facing to Magill road, or 43m frontage and 16.3 length facing onto Carey Street.

The house is in original tidy condition with the following unique features,

Innovative design where you have 2 houses in one, this unique design is ideal for the larger families with a floor-plan which could be used in a variety of ways
Large garage/ workshop
Solid brick construction
Tarrazzo bathroom floors

This home is zoned for Norwood/ Morialta High School, Magill Primary School and is close to the University of SA Magill Campus, The Gums Reserve, shops and transport.

Offered for sale by auction (unless sold beforehand), and with what we believe is a reasonable price guide, please make your serious interest known to the agent prior to auction day to avoid possible disappointment.

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.

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Property History for 540 Magill Rd, Magill, SA 5072

A timeline of how this property has performed in the market
Last Sold
$660,000
01 Oct 2020
  • 01 Oct 2020
    Sold for $660,000
  • 01 Jul 2020
    Listed for Sale Auction 25th July 2020

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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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