OFF MARKET

35B Lanark Avenue
Mitchell Park SA 5043

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 136m2
Land area: 254m2
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Property Details for 35b Lanark Ave, Mitchell Park

35b Lanark Ave, Mitchell Park is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2011. The property has a land size of 254m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
2011
Floor Size
136m2
Land Size
254m2
Local Government
Marion
Lot/Plan
A3/D88354

Last Listing description (June 2022)

***SOLD***
Situated close to the vibrant precinct of the Flinders University and Commercial Precinct at Tonsley this 2 storey townhouse represents great buying as an investment or for low-maintenance living at the completion of the tenancy period (rented @ $344 per week until 28 March 2019).

Such a convenient location, with 2 train stations nearby at either Tonsley or Clovelly Park, and of-course Marion Shopping Centre just minutes away.

The home is decorated with the features you would expect in such a property: all bedrooms with BIR's; En-suite bathroom to main: separate shower and bath in the main bathroom; convenient powder room/3rd toilet downstairs; open plan living/dining/kitchen at the rear leading through sliding-glass doors to a paved pergola and rear garden with lawn, garden beds and small garden shed for storage.

Good storage in the kitchen with an island bench (stainless steel oven, dishwasher and gas hotplates).

Experience the comfort of zoned ducted reverse cycle air conditioning.

The home is finished with floating floors downstairs and carpets upstairs.

What else we love about this home:

Inside
- Additional storage downstairs
- Continuous flow gas HWS

Outside
- RWT (plumbed to toilet)

Outstanding opportunity to own a low-maintenance property in a dynamic precinct.

This NRAS investment property has approx 3 years of transferable NRAS after-tax income of $33,000+ (CPI indexed), claimable depreciation and expenses, and consistent tenancy. Move into the property now or consider the flexibility of benefiting from the NRAS subsidy and occupying in 3 years time.

General Information:
C/T: 6090 / 824
Council: Marion
Zoning: TBC
Council Rates: $1,503.27 PA
SA Water: $178.84 PQ
ES Levy: $253.60 PA
Built: 2011 approx

OUWENS CASSERLY MAKE IT HAPPEN

Property History for 35b Lanark Ave, Mitchell Park, SA 5043

A timeline of how this property has performed in the market
Last Sold
$510,000
09 Aug 2021
Listed for Rent
$348/w
23 Apr 2020
  • 09 Aug 2021
    Sold for $510,000
  • 15 Jun 2021
    Listed for Sale SOLD - $510,000
  • 14 Apr 2020
    Listed for Rent $348 / week
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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 2,722 properties. Over the last 5 years, Houses in Mitchell Park have seen a 79.17% increase in median value, while Units have seen a 77.52% increase. As at 31 August 2024:

  • The median value for Houses in Mitchell Park is $829,067 while the median value for Units is $558,346.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Mitchell park on OnTheHouse. According to CoreLogic's data, 118 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.