12 Drain RoadNew Town SA 5554
Property Details for 12 Drain Rd, New Town
Last Listing description (November 2021)
- Cleared allotment of 1193 square metres
- Potential development site
- Close to the CBD, Sporting Complex and Schools
- Bitumen road frontage of 28.31m
Property Code: 3066
Property History for 12 Drain Rd, New Town, SA 5554
- 03 Mar 2021Sold for $345,000
- 07 Jan 2021Listed for Sale $189,000
- 18 Jun 2018Transferred
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0About New Town 5554
The size of New Town is approximately 2 square kilometres. It has 13 parks covering nearly 9.8% of total area. The population of New Town in 2011 was 1,174 people. By 2016 the population was 1,221 showing a population growth of 4.0% in the area during that time. The predominant age group in New Town is 10-19 years. Households in New Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Town work in a trades occupation. In 2011, 74.5% of the homes in New Town were owner-occupied compared with 73.2% in 2016.
New Town has 659 properties. Over the last 5 years, Houses in New Town have seen a 65.37% increase in median value, while Units have seen a -63.56% decrease. As at 31 October 2024:
- The median value for Houses in New Town is $455,516 while the median value for Units is $373,725.
- Houses have a median rent of $330.
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