SOLD
Sold on 17 Oct 2024 for $302,500

2/12 Cassells Street
Millicent SA 5280

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 96m2
Land area: 233m2
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Property Details for 2/12 Cassells St, Millicent

2/12 Cassells St, Millicent is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1974. The property has a land size of 233m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom Unit sold in Millicent in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
96m2
Land Size
233m2
Local Government
Wattle Range
Lot/Plan
U2/S3891

Last Listing description (October 2024)

Two Brick strata titled units in a group of two only offering an investment opportunity. The units have aluminium windows, and tiled roof, and are set on an easy care allotment of approx 676 sq mtrs with a double carport. EACH unit features Large Living room with reverse cycle air conditioning, Updated Kitchens with electrical appliances, Two Bedrooms and Separate Bathroom, Toilet and Laundry.
Both currently leased at $210.00 per week with a gross income of $21840.00 per annum.
Council Rates - $1188.75 per annum per unit

SA Water Rates - $165.55 per unit per quarter (net cost after reimbursement from tenant $86.95 per quarter)
Great Opportunity enter the investment market, secure an affordable home with income potential or reitrement living!

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Property History for 2/12 Cassells St, Millicent, SA 5280

A timeline of how this property has performed in the market
Last Sold
$302,500
17 Oct 2024
Listed for Rent
$100/w
29 Jul 2016
  • 17 Oct 2024
    Sold for $302,500
  • 08 Aug 2024
    Listed for Sale $329,000
  • 03 May 2023
    Listed for Sale $175,000
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About Millicent 5280

The size of Millicent is approximately 155.6 square kilometres. It has 28 parks covering nearly 0.7% of total area. The population of Millicent in 2011 was 5,025 people. By 2016 the population was 5,112 showing a population growth of 1.7% in the area during that time. The predominant age group in Millicent is 50-59 years. Households in Millicent are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millicent work in a labourer occupation. In 2011, 70.3% of the homes in Millicent were owner-occupied compared with 70.1% in 2016.

Millicent has 3,321 properties. Over the last 5 years, Houses in Millicent have seen a 126.14% increase in median value, while Units have seen a 73.14% increase. As at 30 November 2024:

  • The median value for Houses in Millicent is $354,121 while the median value for Units is $294,215.
  • Houses have a median rent of $335 while Units have a median rent of $190.
There are currently 9 properties listed for sale, and no properties listed for rent in Millicent on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Millicent.

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