SOLD
Sold on 25 Nov 2024 for $460,000

206/2-6 Pilla Avenue
New Port SA 5015

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 17m2
Sold By
Toop & Toop Norwood
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Property Details for 206/2-6 Pilla Ave, New Port

206/2-6 Pilla Ave, New Port is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 17m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in New Port in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
73m2
Land Size
17m2
Local Government
Port Adelaide Enfield
Lot/Plan
F206/C25095

Last Listing description (December 2024)

Nestled in the picturesque suburb of New Port, South Australia, this exquisite property at 206 Nautica offers a unique blend of luxury and practicality, making it a compelling addition to any investment portfolio. This corner apartment, recently renovated and upgraded, boasts both style and substance, evident in its spacious design and modern conveniences. Investors will appreciate the low-maintenance appeal of this property. The contemporary finishes throughout mean minimal upkeep, freeing potential owners from ongoing renovation costs. The large balcony, which includes an undercover BBQ entertaining area and planter box, adds significant lifestyle value while requiring minimal effort - a prime feature for enticing tenants.

The property is ideally positioned to capitalise on growth potential. New Port's proximity to the beach offers a desirable location for tenants who value coastal living. Coupled with easy access to the train line, connectivity to the heart of Adelaide is both quick and convenient, enhancing the property's rental appeal. Key features such as lift access, reverse cycle air conditioning, intercom, and a king-sized bedroom with its own balcony, ensure comfort and security, quintessential for attracting quality tenants. Furthermore, the property includes exclusive amenities that rival those of top-tier residences, such as excellent gym facilities complete with a spa, sauna, steam room, and indoor pool. These facilities not only promote a healthy lifestyle but also provide a level of luxury that is sure to appeal to a broad spectrum of prospective tenants.

The thriving New Port area is an added draw, providing both community charm and investment strength. Known for its stunning marina views and booming property market, the area promises stable returns. For the savvy investor, 206 Nautica stands out as a fantastic opportunity, joining contemporary living with strong financial prospects. Secure your spot in this flourishing suburb and seize the opportunity for significant returns.

Currently leased to a fantastic tenant for $860 per fortnight to 25 June 2025.

Property History for 206/2-6 Pilla Ave, New Port, SA 5015

A timeline of how this property has performed in the market
Last Sold
$460,000
25 Nov 2024
Listed for Rent
$430/w
20 Jun 2024
  • 25 Nov 2024
    Sold for $460,000
  • 10 Oct 2024
    Listed for Sale $450,000
  • 07 Jun 2024
    Listed for Rent $430 / week
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About New Port 5015

The size of New Port is approximately 0.5 square kilometres. It has 4 parks covering nearly 9.6% of total area. The population of New Port in 2011 was 894 people. By 2016 the population was 690 showing a population decline of 22.8% in the area during that time. The predominant age group in New Port is 20-29 years. Households in New Port are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Port work in a managers occupation. In 2011, 27.9% of the homes in New Port were owner-occupied compared with 22.4% in 2016.

New Port has 720 properties. Over the last 5 years, Houses in New Port have seen a 82.49% increase in median value, while Units have seen a 77.18% increase. As at 30 November 2024:

  • The median value for Houses in New Port is $835,941 while the median value for Units is $484,610.
  • Houses have a median rent of $635 while Units have a median rent of $478.
There are currently 6 properties listed for sale, and 3 properties listed for rent in New port on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in New port.

Suburb Insights for New Port 5015

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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.