6/7 Lorne AvenueMagill SA 5072
Property Details for 6/7 Lorne Ave, Magill
6/7 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 14m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (March 2022)
Nestled away in a quaint pocket of Magill, a stone's throw away from local shopping, public transport, trendy cafes and small businesses. With only a hop, skip and a jump to Uni SA Magill Campus, this two-bedroom unit offers a great opportunity for investors, students or first home buyers.
Enjoy your morning coffee and relax on the balcony located off the kitchen or escape to your own personal oasis with the balcony located off bedroom one that overlooks the manicured lawns of Uni SA's Magill Campus.
The property is currently leased until 19/5/22 for $300 per week. Options include purchasing as an attractive investment opportunity due to the areas strong historical rental returns and capital growth. Alternatively upon expiry of the lease move in yourself. First home buyers will appreciate it as an excellent entry level purchase. A great opportunity for small families wanting to be within exclusive Primary and Secondary School zones. Convenient for country people seeking a City pad or for University aged children due to excellent transport links.
Features that make this home special:
- Two spacious bedrooms complete with ceiling fans, bedroom one includes a private balcony
- Open plan kitchen with dining area and a balcony
- Living area with split system air conditioner
- Combined laundry and bathroom with shower and toilet
- Allocated single car space
- Currently tenanted at $300.00 per week until 19th May 2022
- Murray Park Oval on your doorstep
- Directly opposite University of SA Magill Campus
Ideally located in the highly sought-after suburb of Magill close to a variety of quality public and private schools, walking distance to UniSA Magill Campus, Firle Shopping precinct and public transport options. All of this and only a short drive from all the shopping and entertainment options that Magill Road and The Parade have to offer.
For further information please contact Paul McIntosh on 0447 555 870 or 8269 7711 (office).
All information provided has been obtained from sources we believe to be accurate, however, we cannot provide any guarantee and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.
RLA 200591
Property History for 6/7 Lorne Ave, Magill, SA 5072
- 22 Apr 2022Sold for $287,000
- 16 Mar 2022Listed for Sale $260,000 - $280,000
- 16 Apr 2018Listed for Rent - Price not available
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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 4,886 properties. Over the last 5 years, Houses in Magill have seen a 73.09% increase in median value, while Units have seen a 61.46% increase. As at 31 July 2024:
- The median value for Houses in Magill is $1,105,999 while the median value for Units is $579,284.
- Houses have a median rent of $620 while Units have a median rent of $460.
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