SOLD
Sold on 02 Feb 2024 for $525,000

6B Paterson Lane
Mount Barker SA 5251

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 110m2
Land area: 429m2
Sold By
Belle Property Adelaide Hills
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Property Details for 6b Paterson Lane, Mount Barker

6b Paterson Lane, Mount Barker is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 429m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Mount Barker in the last 12 months.

Building Type
House
Year Built
2002
Floor Size
110m2
Land Size
429m2
Local Government
Mount Barker
Lot/Plan
F543/C21065

Last Listing description (March 2024)

This unique property offers very versatile living to suit a variety of lifestyles. Ideal for a family, extended family or investment. Two separate suites allows for flexible living arrangements and a potential double income stream located just a short drive from schools, shops, parks, and cafes while Adelaide's CBD is around 30 minutes away.

The larger of the two units has two bedrooms, one bathroom, easy care flooring, a neat and tidy kitchen, and an open plan living and dining area. There is also a huge enclosed outdoor entertaining area which is really more of an outdoor room offering a second living space. For those with pets, the enclosed outdoor room with ramp access could be the perfect 'catio' while the secure back garden provides a great place for the kids and pets to play.

Accessed via a private entrance from the deck, the second unit has one bedroom with a walk in robe, one bathroom with a full sized bathtub, a modern kitchenette, and an open plan living zone. Each unit has air conditioning in the living area and separate exterior access. Additional features include a low maintenance yard, lovely gardens, a double carport, and a garden shed on the property.

There are many options available here making this a sound investment. The versatile floorplan could be used as a single family home, each unit could be rented separately, or you could live in one unit and rent out the other.

Positioned in a central area, the property is just 800 meter's from the local shops, 850 meter's from Mount Barker High School, 1.2km from the Summit Health Centre, 1.5km from the library and TAFE, 1.6km from ALDI, and 3.1km from Cornerstone College.

Whether you are looking for a home offering dual living, or an investor looking to add to your portfolio, the flexibility this home presents means you can tailor it specifically to your needs. Call today to arrange an inspection.

Property History for 6b Paterson Lane, Mount Barker, SA 5251

A timeline of how this property has performed in the market
Last Sold
$525,000
02 Feb 2024
Listed for Rent
$360/w
21 Jan 2015
  • 02 Feb 2024
    Sold for $525,000
  • 06 Nov 2023
    Listed for Sale $500,000 - $525,000
  • 11 Oct 2016
    Sold for $280,000
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About Mount Barker 5251

The size of Mount Barker is approximately 37.9 square kilometres. It has 37 parks covering nearly 6.9% of total area. The population of Mount Barker in 2011 was 11,808 people. By 2016 the population was 13,836 showing a population growth of 17.2% in the area during that time. The predominant age group in Mount Barker is 0-9 years. Households in Mount Barker are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Barker work in a professional occupation. In 2011, 63% of the homes in Mount Barker were owner-occupied compared with 61.9% in 2016.

Mount Barker has 11,756 properties. Over the last 5 years, Houses in Mount Barker have seen a 73.48% increase in median value, while Units have seen a 100.82% increase. As at 31 October 2024:

  • The median value for Houses in Mount Barker is $734,469 while the median value for Units is $540,476.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 82 properties listed for sale, and 21 properties listed for rent in Mount barker on OnTheHouse. According to CoreLogic's data, 1026 properties were sold in the past 12 months in Mount barker.

Suburb Insights for Mount Barker 5251

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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.