OFF MARKET

3A Banks Street
Mannum SA 5238

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 3a Banks St, Mannum

3a Banks St, Mannum is a 2 bedroom, 2 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Mid Murray

Last Listing description (April 2021)

An exciting investment opportunity presents to enjoy the benefits of two income producing homes for the price of onePreviously rented for $250 and $190 per week totalling a healthy $440 rental income per weekThis unique property with two homes on one allotment also suits those families that would like loved ones close by without being under the same roofThe main home is solid brick and features 3 bedrooms (all with ceiling fans, bedrooms 1 2 with built-in cupboards) a newly installed kitchen, new flooring, freshly painted, bathroom with shower, bath, separate toilet laundry and double length carport with roller doorA self-contained studio is complete with open plan kitchen/living/dine, bedroom, a two way ensuite/bathroom and single garage with pit plus workshop, while an additional separate bedroom has its own ensuite adjoining laundryLocated in a quiet no-through road with separate secure yards, including a paved shaded BBQ area and courtyardDual driveways to two street addresses allow for completely independent living, so you can invest, reside or even do both hereIntegrate the property into a large family home or continue to enjoy the monetary benefits from two separate rentals

Property History for 3a Banks St, Mannum, SA 5238

A timeline of how this property has performed in the market
Listed for Rent
$185/w
12 Aug 2018
  • 03 Apr 2020
    Listed for Sale $295,000
  • 08 Jan 2014
    Listed for Rent $185 / week

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About Mannum 5238

The size of Mannum is approximately 256.3 square kilometres. It has 22 parks covering nearly 0.2% of total area. The population of Mannum in 2011 was 2,567 people. By 2016 the population was 2,651 showing a population growth of 3.3% in the area during that time. The predominant age group in Mannum is 60-69 years. Households in Mannum are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mannum work in a trades occupation. In 2011, 70.5% of the homes in Mannum were owner-occupied compared with 68.3% in 2016.

Mannum has 2,543 properties. Over the last 5 years, Houses in Mannum have seen a 89.39% increase in median value, while Units have seen a 106.85% increase. As at 31 October 2024:

  • The median value for Houses in Mannum is $455,061 while the median value for Units is $345,127.
  • Houses have a median rent of $450.
There are currently 76 properties listed for sale, and 6 properties listed for rent in Mannum on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Mannum.

Suburb Insights for Mannum 5238

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.