SOLD
Sold on 12 Jul 2024 for $505,000

10/1 Alexander Lane
Marden SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 60m2
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Property Details for 10/1 Alexander Lane, Marden

10/1 Alexander Lane, Marden is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2015. The property has a floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Marden in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
60m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
F10/C40268

Last Listing description (April 2019)

Located in the heart of the very popular Marden suburb, this 7-star, energy-rated apartment built in 2015 offers the best of the best. The complex has a self-locking main door with intercom system, two apartments per floor for privacy protection of the neighbors, and a private car park with street parking facilities. Typical areas are filled with leafy green trees and plants, creating a relaxed atmosphere right next to the park.
The house itself has a spacious living area, two spacious bedrooms with two-way access, a modern kitchen with high-quality stainless steel appliances and ample storage throughout the home. The building is designed to allow natural light to pass through the house, ensuring a light and full life plan. NBN Ready and attracting a variety of lifestyles, this house is perfect for your investment portfolio currently tenanted at $ 360 per week until 6th May 2019.
However, benefits do not stop inside. Go out into the spacious indoor balconies and enjoy your meal all year round with your favorite drink. It is neatly located on the balcony, with extra storage space for bicycles, tools and plenty of space to store things. Do not be mistaken, this is not an ordinary unit.

* Modern finishes throughout and built in 2015 in Qattro's Marden Connect development
* Located just 3km from North Adelaide and the City
* Minutes drive to Marden Shopping Centre and Walkerville Shopping Centre
* Quality schools nearby including St Andrews School, Wilderness, St Peters College, Walkerville Primary School, Vale Park Primary School and Marden Senior College
* Large master bedroom with two-way ensuite
* Low Maintenance living or investing with strong rental returns
* Outdoor entertaining space
* Pet friendly strata group

RLA 281476

Property History for 10/1 Alexander Lane, Marden, SA 5070

A timeline of how this property has performed in the market
Last Sold
$505,000
12 Jul 2024
Listed for Rent
$360/w
07 May 2018
  • 12 Jul 2024
    Sold for $505,000
  • 15 Apr 2019
    Sold for $328,000
  • 06 Nov 2018
    Listed for Sale $340,000
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About Marden 5070

The size of Marden is approximately 1.1 square kilometres. It has 7 parks covering nearly 20.5% of total area. The population of Marden in 2011 was 2,342 people. By 2016 the population was 2,312 showing a population decline of 1.3% in the area during that time. The predominant age group in Marden is 20-29 years. Households in Marden are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marden work in a professional occupation. In 2011, 46.9% of the homes in Marden were owner-occupied compared with 55.5% in 2016.

Marden has 1,443 properties. Over the last 5 years, Houses in Marden have seen a 49.50% increase in median value, while Units have seen a 63.41% increase. As at 31 July 2024:

  • The median value for Houses in Marden is $1,159,817 while the median value for Units is $534,585.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Marden on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Marden.

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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.