1 Ranford CrescentMitchell Park SA 5043
Property Details for 1 Ranford Cres, Mitchell Park
Last Listing description (July 2023)
Introducing an extraordinary opportunity in the highly sought-after Mitchell Park area. Nestled in a prime position, this property presents itself with immense potential, just waiting to be transformed into something truly remarkable. With a land size of 589m2 and located within the residential development zone, the true value of this property lies in its land.
Imagine the possibilities that await you. Surrounded by other well-developed allotments, this property offers the chance to create something exceptional, tailored to your unique vision. Whether you dream of crafting your dream home or exploring other lucrative opportunities, this property provides the perfect starting point STCC.
With the ever-increasing demand for housing and development in the Mitchell Park area, this property is perfectly positioned to capitalize on the growing market. Its enviable location ensures easy access to amenities, transport, and reputable schools, making it an ideal choice for families and investors alike.
Unlock the potential of this prime property and embrace the freedom to design and build in line with your aspirations. Create an architectural masterpiece or a thoughtfully designed development that harmonizes with the surrounding neighborhood. The choice is yours.
Don't miss this rare chance to secure a property that promises both immediate value and long-term potential. Mitchell Park is known for its quality developments and strong growth, making it an attractive investment opportunity. Act now, seize the advantage, and reap the rewards of this exceptional location.
We are accepting offers now!
Property History for 1 Ranford Cres, Mitchell Park, SA 5043
- 24 Jul 2023Sold for $650,000
- 16 Jun 2023Listed for Sale BEST OFFERS BY 26TH JUNE 5PM - USP
- 27 Apr 2001Sold for $110,000
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About Mitchell Park 5043
The size of Mitchell Park is approximately 2.1 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Mitchell Park in 2011 was 5,206 people. By 2016 the population was 5,474 showing a population growth of 5.1% in the area during that time. The predominant age group in Mitchell Park is 20-29 years. Households in Mitchell Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchell Park work in a professional occupation. In 2011, 49.3% of the homes in Mitchell Park were owner-occupied compared with 47% in 2016.
Mitchell Park has 2,706 properties. Over the last 5 years, Houses in Mitchell Park have seen a 81.94% increase in median value, while Units have seen a 85.69% increase. As at 31 October 2024:
- The median value for Houses in Mitchell Park is $836,914 while the median value for Units is $575,090.
- Houses have a median rent of $600 while Units have a median rent of $520.
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