Lot 10 Walnut St, Old Reynella is a bedroom, 1 bathroom House with 1 parking spaces and was built in 2003. The property has a land size of 935m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other bedroom House sold in Old Reynella in the last 12 months.
REYNELLA TOWNSHIP APPROX. 1,300 SQM OF VACANT LAND
Unique opportunity to secure approximately 1,300sqm of prime vacant land set in the historic Old Reynella Township. Offering the astute buyer approximately 20 metres of street frontage in a quiet no through road.
The adjoining allotment is also available for sale and would take the total land holding to approximately 2,600sqm with a generous 40 metre frontage. The property is ready for redevelopment (subject to council consent) and/or would suit a family looking for a large allotment in this quiet and convenient location.
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 1,835 properties. Over the last 5 years, Houses in Old Reynella have seen a 106.28% increase in median value, while Units have seen a 153.03% increase. As at 31 October 2024:
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