OFF MARKET

4/3 Waratah Avenue
Marion Bay SA 5575

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
Land area: 120m2
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Property Details for 4/3 Waratah Ave, Marion Bay

4/3 Waratah Ave, Marion Bay is a 2 bedroom, 1 bathroom Unit and was built in 1993. The property has a land size of 120m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1993
Floor Size
65m2
Land Size
120m2
Local Government
Yorke Peninsula
Lot/Plan
F4/C27155

Last Listing description (September 2023)

Welcome to 4/3 Waratah Avenue Marion Bay! This charming unit is now available for sale, offering a fantastic opportunity for investors.

Situated on a land area of 120 sqm, this unit boasts a comfortable living space with a building area of 59 sqm. Constructed in 1993, this property has stood the test of time and is ready to welcome its new owners.

Step inside and discover a well-designed layout that maximizes space and functionality. The unit features 2 spacious bedrooms and the living area is perfect for relaxation and entertainment, providing a cozy atmosphere for you and your loved ones while on holiday.

Located in the sought-after area of Marion Bay, this property offers convenience and accessibility to a range of amenities. Enjoy the nearby shopping centers, restaurants, and cafes, or take a short drive to the beautiful beaches and coastal attractions.

The property generates approx: $15,500 per annum after expenses, making this an extremely attractive offering to investors. (can provide previous 12 months summary ledger)

Don't miss out on this chance to own a piece of Marion Bay's thriving property market.

Contact us today to arrange a private inspection and discover the potential this property holds. Don't let this opportunity pass you by - make 4/3 Waratah Avenue Marion Bay your new investment property.

Property History for 4/3 Waratah Ave, Marion Bay, SA 5575

A timeline of how this property has performed in the market
Last Sold
$170,000
25 Sep 2023
  • 25 Sep 2023
    Sold for $170,000
  • 11 Aug 2023
    Listed for Sale UNDER CONTRACT!!
  • 17 Jan 2020
    Sold for $113,000

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About Marion Bay 5575

The size of Marion Bay is approximately 301.3 square kilometres. It has 2 parks covering nearly 13.9% of total area. The population of Marion Bay in 2011 was 242 people. By 2016 the population was 153 showing a population decline of 36.8% in the area during that time. The predominant age group in Marion Bay is 50-59 years. Households in Marion Bay are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Marion Bay work in a managers occupation. In 2011, 75.2% of the homes in Marion Bay were owner-occupied compared with 70.8% in 2016.

Marion Bay has 573 properties. Over the last 5 years, Houses in Marion Bay have seen a 155.82% increase in median value, while Units have seen a 154.78% increase. As at 31 October 2024:

  • The median value for Houses in Marion Bay is $532,856 while the median value for Units is $312,585.
There are currently 9 properties listed for sale, and no properties listed for rent in Marion bay on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Marion bay.

Suburb Insights for Marion Bay 5575

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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.