SOLD
Sold on 05 Jun 2024 for $395,000

2/897 Marion Road
Mitchell Park SA 5043

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 79m2
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Property Details for 2/897 Marion Rd, Mitchell Park

2/897 Marion Rd, Mitchell Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 79m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Mitchell Park in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
56m2
Land Size
79m2
Local Government
Marion
Lot/Plan
U2/S6778

Last Listing description (December 2021)

This secure home unit is situated in a very convenient position and offers:

- 2 bedrooms, the main bedroom facing north
- Updated bathroom with laundry facilities

- Modern kitchen with floating floors, ample cupboard space and near-new gas stove and oven
- Open plan kitchen and dining area
- Spacious lounge room letting the northerly light in
- Split system air-conditioning for year round comfort
- Newly carpeted in the lounge
- Undercover off street parking

Centrally located only minutes to the popular Marion Shopping Centre, Flinders Medical Centre & University, some of Adelaide's best beaches, the city, public transport and good schools; the list goes on.

What a great opportunity to add Mitchell Park to your property portfolio as a great investment or first home.

Currently tenanted at $255 p.w.

Marion Council Rates: $1089.51 p.a.
SA Water Rates: $142.10 p.q.
Best Strata
Strata Rates: $355 p.q.

Property History for 2/897 Marion Rd, Mitchell Park, SA 5043

A timeline of how this property has performed in the market
Last Sold
$395,000
05 Jun 2024
Listed for Rent
$250/w
09 Sep 2016
  • 05 Jun 2024
    Sold for $395,000
  • 30 Nov 2022
    Sold for $295,000
  • 12 Oct 2021
    Listed for Sale $285,000
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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.
There are currently 9 properties listed for sale, and 7 properties listed for rent in Mitchell park on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Mitchell park.

Suburb Insights for Mitchell Park 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.