OFF MARKET

25 Rachel Circuit
Nairne SA 5252

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 151m2
Land area: 637m2
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Property Details for 25 Rachel Cct, Nairne

25 Rachel Cct, Nairne is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 637m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
2007
Floor Size
151m2
Land Size
637m2
Local Government
Mount Barker
Lot/Plan
A1002/D69108

Last Listing description (July 2018)

Currently under long term lease to Defence Housing Australia (DHA) until 2023 at $445.00 per week, an ideal consideration for local & interstate investors, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.
This property is for sale on behalf of a DHA lessor and has a DHA lease in place visit dha.gov.au to learn about the benefits of investing in DHA property.
Weekly rent: $445.00

Lease end date: 3/03/2023
Next rent review: 31/12/2018
Lease option: 1 x up to 12 months
Right to vary: 1 x up to 12 months reduction and 1 x up to 12 months extension
Situated at Nairne in the Adelaide Hills and offering 4 bedrooms with the master bedroom complete with ensuite and walk-in robe and all remaining bedrooms have built in robes. The kitchen is located to the centre of the properties floor plan and is open plan with the everyday living and dining which open up to the outdoor rear veranda to make for seamless indoor and outdoor living and entertaining.
Other features that enhance the investment:
- Double garage under the main roof
- Rear pergola for entertaining
- Large floor plan with 4 bedrooms
- Kitchen with pantry
- Two living spaces
- Fully established front and rear gardens
- Surrounded by other quality establish homes
- Easy access to parks, town centre and Nairne School
Situated on an allotment of 637sqm this property will be an exceptional long term investment with a secure and reliable tenant being Defence Housing Australia until 2023.
For all enquiries and to arrange to view this property please call Craig Costello on 0448 212 066 or email craigc@harrisre.com.au all inspections are by private appointment.
Specifications:
CT / 6134/133
Council / City of Mount Barker
Zoning / R
Built / 2007
Land / 637m2
Frontage / 18.20m
Council Rates / $pa
SA Water / $pq
ES Levy / $pa
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 enquiries and obtain their own legal advice.

Property History for 25 Rachel Cct, Nairne, SA 5252

A timeline of how this property has performed in the market
Last Sold
$410,000
21 Jun 2018
  • 21 Jun 2018
    Sold for $410,000
  • 23 Feb 2018
    Listed for Sale $435k
  • 04 Mar 2008
    Sold for $360,000
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About Nairne 5252

The size of Nairne is approximately 22.3 square kilometres. It has 18 parks covering nearly 2% of total area. The population of Nairne in 2011 was 4,417 people. By 2016 the population was 5,038 showing a population growth of 14.1% in the area during that time. The predominant age group in Nairne is 40-49 years. Households in Nairne are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nairne work in a professional occupation. In 2011, 76.1% of the homes in Nairne were owner-occupied compared with 74% in 2016.

Nairne has 2,595 properties. Over the last 5 years, Houses in Nairne have seen a 85.07% increase in median value, while Units have seen a 75.33% increase. As at 30 September 2024:

  • The median value for Houses in Nairne is $742,218 while the median value for Units is $515,707.
  • Houses have a median rent of $555 while Units have a median rent of $320.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Nairne on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Nairne.

Suburb Insights for Nairne 5252

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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.