OFF MARKET

16 Petworth Street
Oakden SA 5086

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 135m2
Land area: 450m2
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Property Details for 16 Petworth St, Oakden

16 Petworth St, Oakden is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 450m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
2000
Floor Size
135m2
Land Size
450m2
Local Government
Port Adelaide Enfield
Lot/Plan
A798/D51288

Last Listing description (August 2019)

Currently under long term lease to Defence Housing Australia (DHA) until 2021 at $430 per week, an ideal consideration for local & interstate investors, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.
This property is for sale on behalf of a DHA lessor and has a DHA lease in place visit dha.gov.au to learn about the benefits of investing in DHA property.
Weekly rent: $430.00

Lease end date: 21/06/2021
Next rent review: 31/12/2019
Right to vary: 1 x up to 12 months reduction and 1 x up to 12 months extension
Situated at the popular suburb of Oakden only 12kms from the city and offering exceptional street appeal. Having three bedrooms with the master bedroom complete with ensuite and built-in robe with and all remaining bedrooms also having built in robes. The kitchen is located to the rear of the properties floor plan and is open plan with the everyday living and dining which opens up to the outdoor rear veranda to make for seamless indoor and outdoor living and entertaining.
Other features that enhance the investment;
- Double garage under the main roof with roller door access to the rear yard & internal access
- Rear Veranda for entertaining
- Gas cooking
- Second separate formal living room
- Fully established front and rear gardens
- Surrounded by other quality establish homes
- Easy access to parks, Shopping Centres, Schools and Transport
Situated on an allotment of 450sqm this property will be an exceptional long term investment which has been matched with the perfect secure and reliable tenant being Defence Housing Australia.
For all enquiries and to arrange to view this property please call Craig Costello on 0448 212 066 or email craigc@harrisre.com.au all inspections are by private appointment.
Specifications:
CT / 5617/468
Council / City of Port Adelaide Enfield
Zoning / R'55
Built / 2000
Land / 450m2
Frontage / 15.00m

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Property History for 16 Petworth St, Oakden, SA 5086

A timeline of how this property has performed in the market
Last Sold
$475,500
29 Aug 2019
  • 29 Aug 2019
    Sold for $475,500
  • 28 Jun 2019
    Listed for Sale Not Disclosed
  • 21 Jun 2000
    Sold for $192,000
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About Oakden 5086

The size of Oakden is approximately 1.9 square kilometres. It has 8 parks covering nearly 12.9% of total area. The population of Oakden in 2011 was 3,665 people. By 2016 the population was 3,659 showing a population decline of 0.2% in the area during that time. The predominant age group in Oakden is 40-49 years. Households in Oakden are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakden work in a professional occupation. In 2011, 63.3% of the homes in Oakden were owner-occupied compared with 65.8% in 2016.

Oakden has 1,710 properties. Over the last 5 years, Houses in Oakden have seen a 72.31% increase in median value, while Units have seen a 93.49% increase. As at 31 October 2024:

  • The median value for Houses in Oakden is $861,979 while the median value for Units is $603,423.
  • Houses have a median rent of $595 while Units have a median rent of $378.
There are currently 3 properties listed for sale, and no properties listed for rent in Oakden on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Oakden.

Suburb Insights for Oakden 5086

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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.