SOLD
Sold on 24 Jun 2024 for $400,000

70 Drain Road
New Town SA 5554

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 152m2
Land area: 1503m2
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Wardle Co Real Estate Pty Ltd Regional Sa (rla 228106)
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Property Details for 70 Drain Rd, New Town

70 Drain Rd, New Town is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1977. The property has a land size of 1503m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in New Town in the last 12 months.

Building Type
House
Year Built
1977
Floor Size
152m2
Land Size
1503m2
Local Government
Copper Coast
Lot/Plan
A115/F198296

Last Listing description (June 2024)

This timber frame home consists of 4 bedrooms, bedroom 1 to 3 with built in robes and main bedroom with split system a/c, kitchen & dining room with walk in pantry, ceiling fan, generous lounge room with split system a/c and ceiling fan, family room with slow combustion heater along and built in shelving, handy storeroom, bathroom with shower over bath, basin, separate w/c and laundry.

Outside features large back verandah, 2 carports, rainwater tanks, large shed and fenced back yard.

This property has 2 titles of approx 1516m2 and is currently rented for $300 per week, making it a fantastic investment opportunity with untapped potential.

Book your inspection today.

ONLINE AUCTION - Friday 24th May 2024 at 11.00 am

Terms 10% deposit at fall of the hammer

Settlement date 24th June 2024

To register to bid: openn.com.au

RLA228106

Property Code: 9764

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Property History for 70 Drain Rd, New Town, SA 5554

A timeline of how this property has performed in the market
Last Sold
$400,000
24 Jun 2024
Listed for Rent
$285/w
09 May 2016
  • 24 Jun 2024
    Sold for $400,000
  • 07 May 2024
    Listed for Sale SOLD AT AUCTION
  • 02 May 2016
    Listed for Rent - Price not available
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About 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 658 properties. Over the last 5 years, Houses in New Town have seen a 64.42% increase in median value, while Units have seen a -63.56% decrease. As at 30 November 2024:

  • The median value for Houses in New Town is $467,160 while the median value for Units is $326,375.
  • Houses have a median rent of $330.
There are currently 2 properties listed for sale, and no properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in New town.

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