8 Milburn StreetOttoway SA 5013
Property Details for 8 Milburn St, Ottoway
8 Milburn St, Ottoway is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 865m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
Last Listing description (July 2016)
Situated in a fast moving suburb experiencing rapid growth, this character home c.1920 offers modern conveniences with a very affordable price tag. So close to St Joseph's School, public transport and all amenities, 8 Milburn Street is an ideal investment, first home or land division project (S.T.C.C.).
Currently tenanted for $320pw until 8/6/16. Purchase now while you plan your project or retain and reap the rewards of projected capital growth!
Highlights:
* Updated kitchen with stainless steel appliances and dishwasher
* Spacious formal lounge
* Huge bathroom & combined laundry with separate w.c.
* Floating timber floors & modern tiling throughout
* Wall unit air conditioner
* Solid brick with high ceilings throughout
We love:
* Thriving location
* HUGE 846sqm (approx) allotment with 17.37m (approx) frontage
* Fantastic future prospects for development (S.T.C.C.)
* Solid rental return with reliable tenants
A fabulous investment, development site or first home. Plenty of scope to further improve and add value. Please contact Max de Meyrick on 0400 745 196 for further details.
Ct/ 6101/38
Council/ Port Adelaide Enfield
Zoning/ R - Residential61 - Ottoway
Built/ 1920
Internal/ 102sqm (approx)
Land/ 846sqm (approx)
Council Rates/ TBA
Property History for 8 Milburn St, Ottoway, SA 5013
- 07 Jul 2016Sold for $330,000
- 25 Nov 2015Listed for Sale $329,000 - $359,000
- 10 Apr 2015Listed for Rent - Price not available
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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 1,259 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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