OFF MARKET

8 Moriane Avenue
Panorama SA 5041

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 274m2
Land area: 702m2
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Property Details for 8 Moriane Ave, Panorama

Building Type
Land
Year Built
2023
Floor Size
274m2
Land Size
702m2
Local Government
Mitcham
Lot/Plan
A350/D3691

Last Listing description (August 2023)

Delightfully located in a quiet street amongst other quality homes on larger allotments, solid brick home is sited on a generous 725m? allotment and presents a unique opportunity for keen renovators to upgrade and extend or for wise entrepreneurs to demolish the existing home and rebuild a refreshing new contemporary masterpiece (STCC).

The existing home has been held in the same family for the last 3 decades and now is being offered to the modern market for the first time. Comprising a traditional layout the home is in need of repair and maintenance and now presents a great opportunity for urban upgrade and gentrification.

The allotment is large and rectangular and comprises the original main home, drive-through carport, double galvanised iron shed, rear verandah and transportable semi detached room.

Outstanding local shopping is available nearby at Mitcham Shopping Centre and Cinema Complex, Unley Shopping Centre and Cumberland Park Shopping Centre. Brownhill Creek Recreation Park and Windy Point Lookout are both nearby along with quality walking and riding trails through the Adelaide foothills.

A rare release opportunity for aspiring developers, keen renovators or investors looking for success.

Briefly:
* Ready to renovate or demolish, solid brick home
* Great location nestled amongst other quality buildings
* First time offering in the modern market
* Block size of approximately 725m?
* Allotment comprises original home, drive-through carport, galvanised iron garage, rear verandah and detached transportable room
* Ideally located with easy access to public transport and local shopping
* Within easy reach of the Adelaide foothills and walking trails
* Close to Flinders University and the gateway to the south
* Ideal for investors, developers all renovators

Enjoy elite secondary school zoning to Unley High School and close proximity to local available primary schools, Clapham Primary School, Edwardstown Primary School and Clovelly Park Primary School.

Quality private schooling can be found in the local area at St Josephs, St Anthony's, Sacred Heart Middle School, Cabra Dominican School & Mercedes College.

Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.

Vendors Statement: The vendor's statement may be inspected at 249 Greenhill Road, Dulwich for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.

Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.

Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.

Property Details:
Council | TBC
Zone | TBC
Land | TBCsqm(Approx.)
House | TBCsqm(Approx.)
Built | TBC
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa

RLA 278530

Property History for 8 Moriane Ave, Panorama, SA 5041

A timeline of how this property has performed in the market
Last Sold
$680,000
09 Mar 2022
  • 24 Aug 2023
    Listed for Sale Not Disclosed
  • 09 Mar 2022
    Sold for $680,000

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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 1,083 properties. Over the last 5 years, Houses in Panorama have seen a 92.40% increase in median value, while Units have seen a 75.62% increase. As at 31 October 2024:

  • The median value for Houses in Panorama is $1,062,630 while the median value for Units is $600,444.
  • Houses have a median rent of $600.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Panorama on OnTheHouse. According to CoreLogic's data, 35 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.