3 Railway TerraceOttoway SA 5013
Property Details for 3 Railway Tce, Ottoway
Last Listing description (January 2021)
Two brand new allotments ready for you to bring your paper plans to life!
Choose from 2 fresh, relatively flat blocks located moments to the nearest train station, commuting to the CBD in only 13 minutes, and just a short walk to Churchill Shopping Centre providing access to further amenities.
Positioned within the flexible Urban Renewal Zone - City of Port Adelaide and Enfield Council, presenting the potential for further development. You could buy both blocks and subdivide into 4 x row dwellings (STCC) for example.
Get in quick so you can potentially benefit from the *HomeBuilder Construction grant of $25,000 and if you are a first home buyer then you could be eligible for the *First Home Owner Grant of $15,000 in addition. That's potentially a total of $40,000 handouts!
Enjoy the freedom of choosing your own builder and create your dream home in Kilburn.
*For more information about the grants available visit treasury.gov.au/coronavirus/homebuilder.
For a confidential chat, don't hesitate to call Kazim Khan on 0434 343 694.
Property History for 3 Railway Tce, Ottoway, SA 5013
- 02 Jul 2020Listed for Sale $220000
- 30 Jan 2018Transferred
- 23 May 2007Sold for $105,000
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About Ottoway 5013
The size of Ottoway is approximately 1.4 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Ottoway in 2011 was 2,419 people. By 2016 the population was 2,499 showing a population growth of 3.3% in the area during that time. The predominant age group in Ottoway is 20-29 years. Households in Ottoway are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ottoway work in a trades occupation. In 2011, 58.9% of the homes in Ottoway were owner-occupied compared with 60.7% in 2016.
Ottoway has 1,261 properties. Over the last 5 years, Houses in Ottoway have seen a 111.75% increase in median value, while Units have seen a 85.12% increase. As at 31 October 2024:
- The median value for Houses in Ottoway is $706,556 while the median value for Units is $451,780.
- Houses have a median rent of $575 while Units have a median rent of $290.
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