OFF MARKET

961 Marion Road
Mitchell Park SA 5043

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 463m2
Land area: 2299m2
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Property Details for 961 Marion Rd, Mitchell Park

Building Type
Commercial
Year Built
1996
Floor Size
463m2
Land Size
2299m2
Local Government
Marion
Lot/Plan
A10/D41821

Last Listing description (September 2011)

PRIME INVESTMENT IN PROMINENT LOCATION CORNER STURT ROAD
EXCELLENT DISPLAY AND RETAIL LOCATION
Leased to two excellent tenants - Rugs SA Pty Ltd - new 3 year lease from March 2011 and Pedders Shock Absorbers - new 3 year lease from March 2011. Total net income $145,000 plus GST per annum. Building area of 842 sqm. On site parking.

Property History for 961 Marion Rd, Mitchell Park, SA 5043

A timeline of how this property has performed in the market
Last Sold
$1,576,000
20 Dec 2013
Listed for Rent
$747/w
13 Feb 2008
  • 20 Dec 2013
    Sold for $1,576,000
  • 06 Jun 2011
    Listed for Sale Not Disclosed
  • 04 Oct 2007
    Listed for Rent - Price not available
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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 2,709 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 4 properties listed for rent in Mitchell park on OnTheHouse. According to CoreLogic's data, 120 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.