OFF MARKET

3/42 Springbank Road
Panorama SA 5041

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 358m2
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Property Details for 3/42 Springbank Rd, Panorama

3/42 Springbank Rd, Panorama is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1989. The property has a land size of 358m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Townhouse
Year Built
1989
Floor Size
116m2
Land Size
358m2
Local Government
Mitcham
Lot/Plan
U3/S10276

Last Listing description (January 2021)

Great location, bordering on Colonel Light Gardens. First home buyers, downsizers & investors this one is for you!

This spacious, beautifully presented unit has no adjoining walls with other dwellings, a private & secure side and rear yard, is superbly located with access from Eliza Place & has public transport within walking distance.

Featuring:

* Open plan lounge/dining with bay window
* Kitchen with dishwasher adjacent dining an overlooking meals area
* Sliding door access to alfresco paved entertaining
* Master bedroom with BIR and access to a 2- way bathroom
* Spacious 2nd bedroom with BIR
* Bathroom with bath tub, separate shower & toilet
* Second toilet off the laundry
* Laundry with gas HWS wall controller for temperature control
* LED lighting and modern blinds
* Ducted evaporative air conditioning and upgraded gas space heater in living room
* Garage under main roof with second roller door to access the rear yard
* Available with vacant possession ~ was previously tenanted at $335/week
* Scope to add further value or just move in and enjoy!

Close to great shopping at Pasadena Green Shopping Centre with Pasadena Foodland and new retailer TK Maxx, or venture over to Mitcham Square for even more selection. Options for kindergartens and schooling with easy access to Flinders Uni and Medical Centre.

** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others health. If you or others that you may have been in contact with, have returned from any interstate or overseas destination within the last 14 days or you are displaying any flu like symptoms please do not attend property viewings. **

Council: City of Mitcham
Council Rates: $1,132.15 per annum
SA Water: $143.13 per quarter
ESL: $115.95 per annum
Strata Rates: $400.00 per quarter
Year Built: 1989
Zoning: Residential (CP) PA8

Property History for 3/42 Springbank Rd, Panorama, SA 5041

A timeline of how this property has performed in the market
Last Sold
$420,000
21 Jan 2021
Listed for Rent
$335/w
16 Oct 2019
  • 21 Jan 2021
    Sold for $420,000
  • 12 Nov 2020
    Listed for Sale $395,000 - $415,000
  • 27 Sep 2019
    Listed for Rent $335 / week
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About Panorama 5041

The size of Panorama is approximately 1.7 square kilometres. It has 12 parks covering nearly 9.7% of total area. The population of Panorama in 2011 was 2,259 people. By 2016 the population was 2,336 showing a population growth of 3.4% in the area during that time. The predominant age group in Panorama is 50-59 years. Households in Panorama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Panorama work in a professional occupation. In 2011, 80.5% of the homes in Panorama were owner-occupied compared with 81.2% in 2016.

Panorama has 1,087 properties. Over the last 5 years, Houses in Panorama have seen a 90.37% increase in median value, while Units have seen a 82.84% increase. As at 30 November 2024:

  • The median value for Houses in Panorama is $1,051,414 while the median value for Units is $631,643.
  • Houses have a median rent of $600.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Panorama on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Panorama.

Suburb Insights for Panorama 5041

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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.