OFF MARKET

North West Terrace
Owen SA 5460

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 2022m2
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Property Details for Lot 29 North West Tce, Owen

Lot 29 North West Tce, Owen is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 2022m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1910
Land Size
2022m2
Local Government
Wakefield
Lot/Plan
A29/T140301

Last Listing description (September 2021)

Whether it's for the weekend to free your mind and rejuvenate the soul or a tree change to escape the suburbs, here you have the ideal starting point.

This property has seen several generations of the same family call it home making this truly a once in a lifetime opportunity to secure this much loved residence.

This home retains many remarkable original features and is a great example of how this early 20th century dwelling has been extended and improved upon and resources became available and families enlargened.

Circa 1910 this characterful four roomed cottage has enjoyed several lean-to extensions over the years and now offers generous proportions.

Extensive undercover parking is afforded whilst additional shedding offers an abundance of storage.

Our elderly vendor must pass on the baton having dutifully tendered to the home we acknowledge that the time has come for someone with energy and imagination to bring the property back to its former glory and beyond.

Set on over 1800m2 allotment this 'double town block' may suit those that see potential to develop into the future or as an ideal spot to build their dream home and renovate the cottage over time. There are options aplenty.

Renovate or detonate? Refurbish or demolish? Live in or Rent Out? Air B & B or keep to yourself? One thing that is clear is that this is a very affordable entry point into the real estate market and one that offers you several tangible opportunities.

I would dearly love to see the old cottage renovated as these mid north towns remind us of a time that once was and a lifestyle almost forgotten.

This quiet country town has an excellent local pub with schnitzels to rival the best of the region whilst the local school is quaint whilst amenities and services are readily accessible at nearby Balaklava, Malalla and within 30mins of Gawler. I drove from Owen to Adelaide Oval mid morning in just over an hour so making this little getaway not that far away at all.

Bring your paint brush and imagination and inject some effervescence into a property that will reward you with character and style to make you smile in a township that is good for the soul.

CT: 5580/775 & 746
Land Size: 2,022m (approx.)
House Size: 104m
Year Built: 1910
Zone: Township
Council: Wakefield

RLA 232366

Property History for Lot 29 North West Tce, Owen, SA 5460

A timeline of how this property has performed in the market
Last Sold
$170,000
03 Sep 2021
  • 03 Sep 2021
    Sold for $170,000
  • 26 May 2021
    Listed for Sale $179,950

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About Owen 5460

The size of Owen is approximately 127.6 square kilometres. The population of Owen in 2011 was 635 people. By 2016 the population was 513 showing a population decline of 19.2% in the area during that time. The predominant age group in Owen is 10-19 years. Households in Owen are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Owen work in a managers occupation. In 2011, 82.2% of the homes in Owen were owner-occupied compared with 85.6% in 2016.

Owen has 375 properties. Over the last 5 years, Houses in Owen have seen a 78.66% increase in median value, while Units have seen a 35.76% increase. As at 30 September 2024:

  • The median value for Houses in Owen is $358,778 while the median value for Units is $228,915.
There are currently 2 properties listed for sale, and no properties listed for rent in Owen on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Owen.

Suburb Insights for Owen 5460

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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.