OFF MARKET

2/15 Pimpala Road
Old Reynella SA 5161

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 125m2
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Property Details for 2/15 Pimpala Rd, Old Reynella

2/15 Pimpala Rd, Old Reynella is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 125m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1975
Floor Size
71m2
Land Size
125m2
Local Government
Onkaparinga
Lot/Plan
U2/S2400

Last Listing description (November 2022)

Neat 2BR Colonial style unit in a small private group of just three, just a short walk away to shops, public transport, local restaurants, and much more. A must-see for singles, couples, and down-sizers, as well as investors in search of great value in a very convenient location.

From the front porch, step into a comfortable layout with a good size lounge that flows to the casual meals area, and through to the kitchen which features a gas cook-top, generous amount of storage, European-style laundry, as well as rear access to the private courtyard.

There are two good-sized bedrooms, both which are well-positioned to the bathroom which features a bath with overhead shower, w.c. and vanity, as well as the built-in linen press.

For year-round comfort, there is gas heating to the lounge, a split system air-conditioner to the casual meals, as well as a ceiling fan fitted to the main bedroom.

Step outside to a small fenced rear courtyard with verandah, handy size garden shed for storage, and an adjoining covered car park space with access to the courtyard through a side gate.

Excellent potential to update and add further value, as well as a ready-made investment opportunity with existing fixed-term tenancy in place to September (then periodic).

In all, an appealing unit in a most convenient location. Be quick!

Please phone Alan of Raine & Horne Morphett Vale for further details. RLA144653.

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Property History for 2/15 Pimpala Rd, Old Reynella, SA 5161

A timeline of how this property has performed in the market
Last Sold
$320,000
25 Nov 2022
Listed for Rent
$250/w
29 Aug 2020
  • 25 Nov 2022
    Sold for $320,000
  • 09 Aug 2022
    Listed for Sale $315,000 - $325,000
  • 12 Aug 2020
    Listed for Rent $250 / week
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About Old Reynella 5161

The size of Old Reynella is approximately 2.2 square kilometres. It has 8 parks covering nearly 9.4% of total area. The population of Old Reynella in 2011 was 3,300 people. By 2016 the population was 3,365 showing a population growth of 2.0% in the area during that time. The predominant age group in Old Reynella is 30-39 years. Households in Old Reynella are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Reynella work in a trades occupation. In 2011, 76.9% of the homes in Old Reynella were owner-occupied compared with 71.7% in 2016.

Old Reynella has 1,834 properties. Over the last 5 years, Houses in Old Reynella have seen a 105.67% increase in median value, while Units have seen a 97.48% increase. As at 30 September 2024:

  • The median value for Houses in Old Reynella is $711,459 while the median value for Units is $553,424.
  • Houses have a median rent of $568 while Units have a median rent of $336.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Old reynella on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Old reynella.

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