OFF MARKET

68 Phillis Street
Maylands SA 5069

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 526m2
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Property Details for 68 Phillis St, Maylands

68 Phillis St, Maylands is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 526m2. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
Unit
Year Built
1993
Land Size
526m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A13/D42242

Last Listing description (January 2012)

Two Units, One Title, Double the Opportunity
Price Guide: $520,000
In the leafy eastern suburb of Maylands these two x 2 bedroom units on the one title of approx 526 sqm, creates a rare and unique investment opportunity. Unit 1 fronts Phillis St, whilst Unit 2 has access from the main unit carparking area. Both have 2 bedrooms, separate lounges and being built in 1993; offer a most recent quality of design and practicality. Another unique positive is they offer wheel chair access both internally and externally. They have separate rear yards with gated access for secure family gatherings. They certainly have a nice cottage feel and overall would make an ideal addition to a rental portfolio. Even more appealing may be the scope to live in one and rent the other or perhaps have one as family accommodation with an older member of the family living in their own home but have support just metres away.

There may even be the opportunity to create separate titles in the future subject to normal consents.
With rental demand still very high there is no doubt this offering of two units on one title will attract considerable interest.

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Property History for 68 Phillis St, Maylands, SA 5069

A timeline of how this property has performed in the market
Last Sold
$490,000
29 Feb 2012
Listed for Rent
$320/w
25 Aug 2012
  • 11 Aug 2012
    Listed for Rent - Price not available
  • 29 Feb 2012
    Sold for $490,000
  • 17 Nov 2011
    Listed for Sale $520,000
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About Maylands 5069

The size of Maylands is approximately 0.5 square kilometres. It has 2 parks covering nearly 2% of total area. The population of Maylands in 2011 was 1,506 people. By 2016 the population was 1,492 showing a population decline of 0.9% in the area during that time. The predominant age group in Maylands is 40-49 years. Households in Maylands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maylands work in a professional occupation. In 2011, 62.2% of the homes in Maylands were owner-occupied compared with 64% in 2016.

Maylands has 779 properties. Over the last 5 years, Houses in Maylands have seen a 69.55% increase in median value, while Units have seen a 91.72% increase. As at 31 October 2024:

  • The median value for Houses in Maylands is $1,514,766 while the median value for Units is $670,395.
  • Houses have a median rent of $700 while Units have a median rent of $450.
There are currently 1 property listed for sale, and 3 properties listed for rent in Maylands on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Maylands.

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