SOLD
Sold on 05 Oct 2023 for $578,000

18 Elizabeth Street
Oakbank SA 5243

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 97m2
Land area: 472m2
Sold By
Harcourts Adelaide Hills Mt Barker
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Property Details for 18 Elizabeth St, Oakbank

18 Elizabeth St, Oakbank is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 472m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Oakbank in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
97m2
Land Size
472m2
Local Government
Adelaide Hills
Lot/Plan
A101/D63529

Last Listing description (October 2023)

This charming home, located in the highly sought-after Oakbank township is situated on a manageable 472m2 plot of land, boasting a range of attractive features that enhance its appeal.
Dating back to the 1950s, the home exudes a timeless charm with its solid brick construction, high ceilings and polished timber floors. The large front lounge offers a slow combustion heater, adding a warm and welcoming atmosphere during the cooler months. For climate control, two reverse cycle split systems, provide efficient heating and cooling options. Two spacious bedrooms offer comfort and lots of natural light, with floor to ceiling storage in bedroom two.
The kitchen has been updated with modern appliances, ensuring a functional and aesthetically pleasing cooking area. The bathroom has been thoughtfully renovated, adding a touch of contemporary style to the home. Additionally, the outdoor laundry area includes provisions for a second toilet.

The exterior is designed for easy upkeep, both in the front and rear yards, reducing the time and effort needed for landscaping. There's room at the rear for a veggie bed, some chickens, your choice of fruit trees and its safe for your four-legged family members too.
There is a substantial 4x6m shed on the premises, complete with a concrete foundation. This shed not only provides ample storage space but also offers a mezzanine area for additional storage options. It would require little effort to install a loft ladder for easier access to the top level. There's side access for smaller vehicles, trailers or possibly even a pop top van.
Within easy access of nearby Balhannah, public transport and many pleasant country walks, not to mention the fabulous wineries and cellar doors all within a few minutes' drive, the home is well placed in this historic neighbourhood.
In summary, its combination of well-maintained features, practical updates, and its location in a sought-after area make it a great opportunity for those looking to be a part of this community. Whether you're a first-time buyer, someone looking to downsize, or an investor seeking a valuable addition to your portfolio, this comfortable home offers a blend of comfort and potential.

Property History for 18 Elizabeth St, Oakbank, SA 5243

A timeline of how this property has performed in the market
Last Sold
$578,000
05 Oct 2023
Listed for Rent
$450/w
13 Jul 2022
  • 05 Oct 2023
    Sold for $578,000
  • 28 Aug 2023
    Listed for Sale $520,000 - $545,000
  • 27 Aug 2023
    Listed for Rent $450 / week
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About Oakbank 5243

The size of Oakbank is approximately 27.4 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Oakbank in 2011 was 922 people. By 2016 the population was 852 showing a population decline of 7.6% in the area during that time. The predominant age group in Oakbank is 50-59 years. Households in Oakbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakbank work in a professional occupation. In 2011, 80.5% of the homes in Oakbank were owner-occupied compared with 82.4% in 2016.

Oakbank has 469 properties. Over the last 5 years, Houses in Oakbank have seen a 62.65% increase in median value, while Units have seen a 65.12% increase. As at 31 July 2024:

  • The median value for Houses in Oakbank is $1,001,749 while the median value for Units is $504,510.
  • Houses have a median rent of $395.
There are currently 1 property listed for sale, and 1 property listed for rent in Oakbank on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Oakbank.

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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.