OFF MARKET

4/7 Waterman Terrace
Mitchell Park SA 5043

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 66m2
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Property Details for 4/7 Waterman Tce, Mitchell Park

4/7 Waterman Tce, Mitchell Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 66m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1973
Floor Size
58m2
Land Size
66m2
Local Government
Marion
Lot/Plan
U4/S1458

Last Listing description (November 2023)

Prime Investment Opportunity - Trendy 2 Bedroom Unit!

Perfectly positioned in popular Mitchell Park, this stylish, 2 bedroom unit offers the ideal blend of comfort, convenience, and affordability. Located in a small group of 5, this property is an excellent opportunity for first-home buyers, downsizers, or astute investors.

Enjoy the convenience that this wonderful location offers, just minutes from Westfield Marion, Park Holme Shopping Centre, Mitchell Park Oval, Oaklands Estate Reserve and public transport. Excellent nearby schools include Marion Primary, Clovelly Park Primary, Sacred Heart College and Westminster School.

Features include:

- 2 Good size bedrooms with BIRs
- Main bedroom with ceiling fan
- Spacious, light-filled living, dining & kitchen area
- Stylish updated kitchen with gas cooking & dishwasher
- Reverse cycle air conditioning
- Neat & tidy bathroom & laundry
- Undercover carport
- Boutique group of just 5 units
- Currently leased to fantastic tenants for $390 p/week until May 2024

For any further information please contact Hannah Edlington on 0488 222 392.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.

Property History for 4/7 Waterman Tce, Mitchell Park, SA 5043

A timeline of how this property has performed in the market
Last Sold
$340,000
08 Nov 2023
Listed for Rent
$270/w
04 Feb 2017
  • 08 Nov 2023
    Sold for $340,000
  • 19 Sep 2023
    Listed for Sale Contact Agent
  • 21 Feb 2020
    Sold for $230,000
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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.