SOLD
Sold on 20 Feb 2024 for $960,000

975 Stebonheath Road
Munno Para West SA 5115

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Floor area: 147m2
Land area: 2037m2
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Property Details for 975 Stebonheath Rd, Munno Para West

975 Stebonheath Rd, Munno Para West is a 3 bedroom, 2 bathroom House with 5 parking spaces and was built in 2010. The property has a land size of 2037m2 and floor size of 147m2. 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 Munno Para West in the last 12 months.

Building Type
House
Year Built
2010
Floor Size
147m2
Land Size
2037m2
Local Government
Playford
Lot/Plan
A83/F19193

Last Listing description (April 2024)

Discover the potential at 975 Stebonheath Road, Munno Para Wes, a sprawling 2037sqm corner allotment with a remarkable 4-bedroom, 2-bathroom family home. This significant parcel of land offers the perfect canvas for a lucrative development project.

Situated in a highly sought-after family friendly suburban area, surrounded by new homes and development, this property boasts walking distance convenience to local public and private schools, public transport, shops, and immediate northern connector access for a quick 28-minute commute to Adelaide CBD or a 20-minute drive to the scenic Lefevre Peninsula and Adelaide's beautiful beaches.

The generous 2037sqm corner allotment provides a golden opportunity for subdivision into 4 separate allotments and titles, while retaining the existing family home. This allows for a profitable development venture.

The well-maintained 4-bedroom home, constructed in 1985, is move-in and rent-ready. The open, free-flowing floorplan ducted reverse cycle air-conditioning, renovated kitchen, and modestly improved bathrooms make it an attractive prospect for immediate occupancy.

If you're a savvy investor looking to minimize holding costs and development expenses by residing in the home or renting it out, a mom-and-pop renovator team seeking the perfect project, or a blended larger family yearning for a communal space with farming potential this property offers endless possibilities and profits.

With easy access to the northern connector, commuting to Adelaide CBD is a breeze. Enjoy the best of both worlds the tranquility of suburban living and the vibrant energy of the city just minutes away.

Seize this incredible opportunity to subdivide and conquer or create a haven for your blended family. This property is not just a home; it's a canvas for your vision and dreams. Act now, as opportunities like these are rare!

Don't miss out on this wonderful opportunity to make 975 Stebonheath Rd Munno Para West your profitable project or forever family home.

We look forward to seeing you at our next open home and making helping make your property aspirations come true.

RLA 300 185 | 313 173

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify and ensure the accuracy of the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this.

Property History for 975 Stebonheath Rd, Munno Para West, SA 5115

A timeline of how this property has performed in the market
Last Sold
$960,000
20 Feb 2024
  • 20 Feb 2024
    Sold for $960,000
  • 04 Dec 2023
    Listed for Sale UNDER OFFER | Chris Janzon eXp Realty
  • 31 Jan 2020
    Sold for $430,000
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About Munno Para West 5115

The size of Munno Para West is approximately 3.8 square kilometres. It has 11 parks covering nearly 1.9% of total area. The population of Munno Para West in 2011 was 4,318 people. By 2016 the population was 5,895 showing a population growth of 36.5% in the area during that time. The predominant age group in Munno Para West is 0-9 years. Households in Munno Para West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Munno Para West work in a trades occupation. In 2011, 56.4% of the homes in Munno Para West were owner-occupied compared with 52.4% in 2016.

Munno Para West has 3,884 properties. Over the last 5 years, Houses in Munno Para West have seen a 103.62% increase in median value, while Units have seen a 96.27% increase. As at 31 July 2024:

  • The median value for Houses in Munno Para West is $609,403 while the median value for Units is $465,507.
  • Houses have a median rent of $510 while Units have a median rent of $300.
There are currently 31 properties listed for sale, and 21 properties listed for rent in Munno para west on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Munno para west.

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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.