70 Drain RoadNew Town SA 5554
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.
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
Property History for 70 Drain Rd, New Town, SA 5554
- 24 Jun 2024Sold for $400,000
- 07 May 2024Listed for Sale SOLD AT AUCTION
- 02 May 2016Listed for Rent - Price not available
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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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