OFF MARKET

1/8 Olive Avenue
Normanville SA 5204

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 84m2
Land area: 156m2
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Property Details for 1/8 Olive Ave, Normanville

1/8 Olive Ave, Normanville is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1979. The property has a land size of 156m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1979
Floor Size
84m2
Land Size
156m2
Local Government
Yankalilla
Lot/Plan
U1/S4256

Last Listing description (June 2020)

One of just two, the unit sits metres to the main street shopping and cafes of Normanville and is just a short stroll to the beach. Presenting as the ideal downsizer, offering vacant possession if you wish, or an investors dream with a long term tenant, yielding 4.5% return on your investment, the home delivers two very spacious bedrooms, generous open plan living along with secure garaging, complimented by an extra carport and a decent rear yard. But it really is.., all about the convenience!
Sited at the end of a very peaceful cul de sac, the front position delivers very easy access, along with endless off street parking for guests or added family toys. There is even room for the caravan!

Stepping into the residence itself and the space on offer is immediately on show, with a very roomy front lounge adjoining the dining area in open plan fashion.

The delightfully upgraded kitchen is larger than your standard unit size and features an electric cooktop, oven and griller along with endless cupboard and bench space to work from ensuring a delighted chef of the day.
The master bedroom is again very spacious and boasts a full length floor to ceiling built in robe whilst the second bedroom is again, of equally generous proportion and both are serviced by the upgraded bathroom with separate toilet for family convenience.
The fully fenced, secure and private rear yard, delivers the perfect safe zone for kids and pets alike whilst the vacant allotment at the rear of the property ensures a heavenly peaceful bliss. No rear neighbours!
With endless added features such as the reverse cycle heating and cooling throughout, or the fibre to the premise NBN connected, or the sizable garden shed ensuring the garage is kept for.well.garaging, along with much, much more, this wonderfully rare opportunity can only be described as, the very definition of convenience!
Put simply, this fabulous unit is ideal for those just starting out, or for those looking to slow down, whilst a fabulous investment opportunity, is stamped all over it!

Unit 1 8 Olive Avenue Normanville Fabulously Convenient.Invest or Nest! !'

Property History for 1/8 Olive Ave, Normanville, SA 5204

A timeline of how this property has performed in the market
Last Sold
$230,000
08 Sep 2020
Listed for Rent
$220/w
06 Oct 2017
  • 08 Sep 2020
    Sold for $230,000
  • 02 Aug 2017
    Listed for Rent - Price not available
  • 16 Jun 2017
    Listed for Sale $259,000
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About Normanville 5204

The size of Normanville is approximately 18.7 square kilometres. It has 18 parks covering nearly 5% of total area. The population of Normanville in 2011 was 1,357 people. By 2016 the population was 1,617 showing a population growth of 19.2% in the area during that time. The predominant age group in Normanville is 60-69 years. Households in Normanville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Normanville work in a trades occupation. In 2011, 74.6% of the homes in Normanville were owner-occupied compared with 76.6% in 2016.

Normanville has 1,997 properties. Over the last 5 years, Houses in Normanville have seen a 87.48% increase in median value, while Units have seen a 41.63% increase. As at 31 July 2024:

  • The median value for Houses in Normanville is $705,692 while the median value for Units is $430,792.
  • Houses have a median rent of $500 while Units have a median rent of $253.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Normanville on OnTheHouse. According to CoreLogic's data, 110 properties were sold in the past 12 months in Normanville.

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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.