OFF MARKET

8A Drain Road
New Town SA 5554

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 978m2
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Property Details for 8a Drain Rd, New Town

Building Type
Land
Land Size
978m2
Local Government
Copper Coast
Lot/Plan
A11/D93873

Last Listing description (October 2021)

It doesn't get much better than this.
Larger than your average residential lot offering 979m2 with 20.97m frontage.
Brand new footpath, fully fenced & ready to build.

It is located across from the walking track to the CBD, opposite the new hockey pitch & large grass area for the kids to play & exercise the dog.
No time limits to build or building encumbrances.

Property History for 8a Drain Rd, New Town, SA 5554

A timeline of how this property has performed in the market
Last Sold
$120,000
29 Sep 2020
  • 28 Oct 2021
    Sold for $105,000
  • 20 Jan 2021
    Listed for Sale $99,000
  • 19 Oct 2020
    Sold for $120,000
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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 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.
There are currently 2 properties listed for sale, and no properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in New town.

Suburb Insights for New Town 5554

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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.