5/16 Barcoo RoadPara Hills SA 5096
Property Details for 5/16 Barcoo Rd, Para Hills
5/16 Barcoo Rd, Para Hills is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 117m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (October 2013)
Under Contract!!
A Great Starter For The 1st Home Buyer or Investor.Attention investors and first home buyers $152,000 plus with falling interest rates this unit could represent a 6.84% (approx) return based on current rent of $200 per week. Fix your interest rate for 3 years at under 5% and you could achieve even higher returns. Now is the time to buy before low interest rates spur on the market.
Property History for 5/16 Barcoo Rd, Para Hills, SA 5096
- 03 Nov 2021Sold for $160,000
- 18 Nov 2013Sold for $148,000
- 31 Oct 2013Listed for Sale $152,000
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About Para Hills 5096
The size of Para Hills is approximately 3.2 square kilometres. It has 19 parks covering nearly 16.3% of total area. The population of Para Hills in 2011 was 7,593 people. By 2016 the population was 6,538 showing a population decline of 13.9% in the area during that time. The predominant age group in Para Hills is 30-39 years. Households in Para Hills are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Para Hills work in a trades occupation. In 2011, 80.9% of the homes in Para Hills were owner-occupied compared with 78.3% in 2016.
Para Hills has 3,474 properties. Over the last 5 years, Houses in Para Hills have seen a 117.28% increase in median value, while Units have seen a 120.51% increase. As at 31 October 2024:
- The median value for Houses in Para Hills is $713,682 while the median value for Units is $454,093.
- Houses have a median rent of $555 while Units have a median rent of $255.
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