8 Prefix AvenueMagill SA 5072
Property Details for 8 Prefix Ave, Magill
8 Prefix Ave, Magill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 599m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
Last Listing description (July 2017)
Magnificently positioned in a peaceful street in this lush top pocket of Magill is a superb opportunity for families, investors and developers. A traditional solid brick home on a well proportioned allotment of approx 602sqm certainly presents buyers with a number of options.
Constructed in the 1960's this family home features;
- 3 Bedrooms
- Ducted RC/AC
- Large Shed
- Automatic roller door
- Security shutters
The property will suit buyers looking for a place to call home in this highly sought after suburb of Magill and could be further updated. As an investment this durable property certainly ticks a lot of boxes especially with the potential to develop (STCC).
A perfectly proportioned parcel of approximately 602sqm in total with a 21.95M frontage offers a number of development options (STCC).
Whether you are looking to build one, two or potentially more properties it's a brilliant site to develop.
Located near excellent schools, shopping, public transport, sporting and leisure grounds, the Adelaide Hills and still so close to the city buyers can anticipate solid levels of capital growth.
Register your interest immediately for your opportunity to realize your dreams of living, investing or developing in the Eastern Suburbs.
The property will be sold by way of Public Auction on the 26/11/2016 at 11.00am. Copies of the Title will be made available on request with more details to follow.
Property History for 8 Prefix Ave, Magill, SA 5072
- 27 Jan 2017Sold for $610,000
- 02 Nov 2016Listed for Sale $610,000
- 14 May 1998Sold for $125,000
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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 4,876 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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