OFF MARKET

29 Megan Circuit
Nairne SA 5252

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 230m2
Land area: 704m2
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Property Details for 29 Megan Cct, Nairne

29 Megan Cct, Nairne is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 704m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
2002
Floor Size
230m2
Land Size
704m2
Local Government
Mount Barker
Lot/Plan
A103/D56050

Last Listing description (June 2017)

This beautiful home has features to please even the most discerning buyer. Located in the popular Adelaide Hills location of Nairne this property is ideal for those wanting a quality investment.
This lovely property is currently under long term lease to Defence Housing Australia (DHA) until 2022 and will have great appeal. Ideal for 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 Defence Housing Australia lessor and has a Defence Housing Australia lease in place.

Visit dha.gov.au to learn about the benefits of investing in DHA property.
Weekly rent: $465.00
Lease end date: 25/03/2022
Next rent review: 31/12/2017
Lease Option: 1 x up to 36 months (Option to Vary is at DHA's discretion)
Right to vary by 12 x months reduction or extension
The home features an impressive 5 bedrooms, all with either a walk in robe or built in robe. There are 2 living areas to cater for all the family, and a spacious feel abounds. With lots of natural light and plenty of storage, the property has a great ambiance. The ensuite offers a corner spa which is certainly a great luxury addition to this home and compliments well the huge master bedroom.
The double lock up garage has access to the rear garden and the property is well fenced. The kitchen is a chef's delight and has and is well positioned in the floor plan to work well with all the indoor and outdoor living areas. Well located to all the services that Nairne has to offer and within a few minutes' walk to an amazing park with feature water dam this property will be an exceptional long term investment and provide a secure reliable income.
With the right mix for certain capital growth this property enjoys the regional lifestyle offered by Nairne but is on the door step of the thriving regional City of Mount Barker and is only a short 30 minute drive to the City of Adelaide a great mix for any astute investor.
Specifications:
CT / 6127/304
Council / City of Mount Barker
Zoning / R
Built / 2002
Land / 704m2
Internal / 268m2
Council Rates / $2,098pa
CWMS Rates / $454pa
SA Water / $71pq
ES Levy / $164pa
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.

Property History for 29 Megan Cct, Nairne, SA 5252

A timeline of how this property has performed in the market
Last Sold
$450,000
12 May 2017
  • 12 May 2017
    Sold for $450,000
  • 22 Sep 2016
    Listed for Sale $459K
  • 12 May 2016
    Listed for Sale 470,000
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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.