OFF MARKET

57 Forest Avenue
Newton SA 5074

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 126m2
Land area: 646m2
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Property Details for 57 Forest Ave, Newton

57 Forest Ave, Newton is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1971. The property has a land size of 646m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1971
Floor Size
126m2
Land Size
646m2
Local Government
Campbelltown
Lot/Plan
A14/D6385

Last Listing description (November 2024)

Privately positioned on a significant corner allotment of 650m, this solid brick residence offers unlimited potential for homebuyers, investors and developers. The wide frontage corner allotment could be easily subdivided and offers potential for 2 or more new residences (STPC), while the existing home is in fabulous condition and boasts 3 spacious bedrooms across a generous 6 main room design.

Dual access driveways provide extensive vehicle accommodation with a 3-car carport and lock-up double gates to a two-car garage/workshop with power, perfect for the tradesmen, car enthusiast or handyman who demand shedding and workshop space.

A generous L shaped living/dining room provides ample space for your formal relaxation, while a combined family/meals and adjacent kitchen provides that valuable 2nd living space and a bright casual area for everyday living.

The kitchen is bright and functional and features off-white country style cabinetry, stone look bench tops, double sink with filtered water, subway tiled splashbacks and a raised breakfast bar.

All 3 bedrooms are well proportioned, with bedrooms one and 2 featuring built-in robes. A bright main bathroom with separate bath and shower, separate toilet and walk-through laundry complete the interior.

There is plenty of space in a large side yard, perfect for the kids to run and play, an ideal space for your alfresco entertaining and plenty of room to park the caravan or boat.

Purchase now, move in and enjoy the wide-open spaces while you enjoy the financial security of potential capital growth, or redevelop and reap the success of urban renewal evolution.

Briefly:
* Solid brick home on generous 650m corner block
* Presented in good condition with potential to subdivide (STPC)
* Dual access driveways and extensive vehicle accommodation
* L shaped living/dining room
* Spacious family room with kitchen adjacent
* Kitchen offering off-white country style cabinetry, stone look bench tops, double sink with filtered water, subway tiled splashback's and a raised breakfast bar
* 3 spacious bedrooms, all of good proportion
* Bedrooms 1 & 2 with built-in robes
* Bright main bathroom with separate bath and shower
* Walk-through laundry with exterior access
* Oversized double garage/workshop with power and lights
* 3 car carport
* Ample yard space for the growing family
* Perfect as an investment or redevelopment, ideal as a family home

There are many reserves and parks available for your sport and recreation, including Oakdale Reserve and playground, just around the corner. The noted Thorndon Park Reserve and the Outback Adventure Park are also in the local area, along with Black Hill Conservation Park. Public transport is at your doorstep.

Nearby unzoned primary schools available are Charles Campbell College, East Torrens Primary School & Paradise Primary School. The zoned high school is Charles Campbell College. Quality local private schools include St Josephs School, St Francis of Assisi, Sunrise Christian School, St Ignatius College & Rostrevor College.

Land Size: 650m2
Floor Area: 468m2
Year Built: 1971
Easements: Nil
Rental Estimate: $550 per week

Please note that this property is currently tenanted. See tenancy details below:
Lease Type: Fixed
Lease End Date: 14/02/2025
Current Rent: $550 per week

For more information, contact Brijesh Mishra on 0430 140 905 or Newton Do on 0422 341 446.

The Vendor's Statement (Form 1) may be inspected at 493 Bridge Road, Para Hills SA 5096 for 3 consecutive business days before the auction and at the auction for 30 minutes before it commences.

DISCLAIMER: We have in preparing this document using our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

RLA 326547

Property History for 57 Forest Ave, Newton, SA 5074

A timeline of how this property has performed in the market
Last Sold
$545,000
21 Oct 2019
Listed for Rent
$395/w
20 Feb 2020
  • 30 Oct 2024
    Listed for Sale Auction Saturday 16th November 12:15pm (USP)
  • 06 Jan 2020
    Listed for Rent $395 / week
  • 21 Oct 2019
    Sold for $545,000
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About Newton 5074

The size of Newton is approximately 2.2 square kilometres. It has 13 parks covering nearly 6.6% of total area. The population of Newton in 2011 was 4,665 people. By 2016 the population was 4,786 showing a population growth of 2.6% in the area during that time. The predominant age group in Newton is 40-49 years. Households in Newton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newton work in a professional occupation. In 2011, 71.4% of the homes in Newton were owner-occupied compared with 70.6% in 2016.

Newton has 2,694 properties. Over the last 5 years, Houses in Newton have seen a 83.68% increase in median value, while Units have seen a 78.43% increase. As at 31 October 2024:

  • The median value for Houses in Newton is $948,164 while the median value for Units is $582,548.
  • Houses have a median rent of $610 while Units have a median rent of $590.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Newton on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Newton.

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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.