OFF MARKET

5/8 Farne Terrace
Marion SA 5043

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 91m2
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Property Details for 5/8 Farne Tce, Marion

5/8 Farne Tce, Marion is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 91m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1968
Floor Size
74m2
Land Size
91m2
Local Government
Marion
Lot/Plan
U5/S1489

Last Listing description (November 2020)

This gorgeous brick unit showcases a great use of space. The layout presents with two generous bedrooms, an open kitchen/meals area with a separate lounge and outside, a large private courtyard. A great opportunity for those who are looking for low-maintenance living in a convenient location!

Fitted with a gas cooktop, large sink and ample storage, the charming kitchen and meals area sits at the heart of the home. Featuring a stunning tiled splashback and large window over the sink, the space feels light and airy. Head through to the spacious lounge and feel instantly relaxed by the neutral colour palette and natural light filtering through the large window.

For your comfort, bedroom one is generous in size and fitted with a ceiling fan and built-in-wardrobe. Bedroom two is also a good size. The bathroom is equipped with a bathtub, shower and toilet, and plenty of storage under the sink.

Perfect for entertaining, there is a large, paved courtyard at the back of the property.

The possibilities are endless with this incredible unit and with the rental market being in high demand, there has never been a better time to invest in property. Whether you're looking for your next investment, or downsizing- 5/8 Farne is a must see.

In a great location, this property sits minutes from Marion Railway Station, shops and cafes. A short drive from Westfield Marion shopping centre.
We look forward to seeing you at one of our opens!

Property History for 5/8 Farne Tce, Marion, SA 5043

A timeline of how this property has performed in the market
Last Sold
$255,000
27 Nov 2020
Listed for Rent
$285/w
11 Oct 2019
  • 27 Nov 2020
    Sold for $255,000
  • 14 Oct 2020
    Listed for Sale $239,000-$259,000
  • 11 Sep 2020
    Listed for Rent - Price not available
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About Marion 5043

The size of Marion is approximately 2 square kilometres. It has 11 parks covering nearly 10.2% of total area. The population of Marion in 2011 was 3,760 people. By 2016 the population was 3,918 showing a population growth of 4.2% in the area during that time. The predominant age group in Marion is 20-29 years. Households in Marion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marion work in a professional occupation. In 2011, 68.1% of the homes in Marion were owner-occupied compared with 65.8% in 2016.

Marion has 1,869 properties. Over the last 5 years, Houses in Marion have seen a 75.53% increase in median value, while Units have seen a 78.54% increase. As at 31 July 2024:

  • The median value for Houses in Marion is $901,299 while the median value for Units is $552,354.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 2 properties listed for sale, and 1 property listed for rent in Marion on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Marion.

Suburb Insights for Marion 5043

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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.