40 Downers RoadOakbank SA 5243
Property Details for 40 Downers Rd, Oakbank
40 Downers Rd, Oakbank is a 4 bedroom, 2 bathroom House and was built in 1968. The property has a land size of 70820m2 and floor size of 213m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (October 2020)
A fantastic lifestyle opportunity only a stones throw from Oakbank and Woodside in the beautiful Adelaide Hills is for sale.
Commanding a fantastic position just off the Onkaparinga Valley Road and comprising a total area of approximately seven hectares of gently undulating grazing land, Parkwood features a four bedroom, two bathroom residence with associated shedding and cattle yards, providing interested parties a fantastic opportunity to gain a foothold into the ever-popular Adelaide Hills region.
Only a short drive from the Adelaide CBD and nearby amenity of Oakbank, Balhannah, Woodside and Hahndorf means Parkwood is well serviced for the hobby farmer or weekend getaway. Parkwood is the ultimate rural escape that will appeal to a wide variety of potential buyers. The property will attract interest from an array of industry participants including lifestyle buyers, downsizers, hobby farmers alike. Inspections are strongly encouraged.
Key features include:
- Total area of approximately 7.08 hectares
- Four-bedroom brick residence with large living, two bathrooms, office and original kitchen
- Associated shedding and cattle loading yards
- Mains water connection and rainwater storage
- Fully bitumised driveway with cattle grid
- Good internal fencing
The property is offered For Sale via Expressions of Interest, due in the prescribed form by Thursday 6 August at 2pm.
Inspections are strictly by appointment with the agents.
Property History for 40 Downers Rd, Oakbank, SA 5243
- 16 May 2022Sold for $2,900,000
- 09 Oct 2020Sold for $1,070,000
- 03 Jul 2020Listed for Sale Contact Agent
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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 471 properties. Over the last 5 years, Houses in Oakbank have seen a 70.08% increase in median value, while Units have seen a 62.90% increase. As at 31 October 2024:
- The median value for Houses in Oakbank is $1,046,695 while the median value for Units is $523,548.
- Houses have a median rent of $395.
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