SOLD
Sold on 20 Jun 2024 for $538,000

5 Ray Street
Para Hills SA 5096

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 129m2
Land area: 734m2
Sold By
Boffo Real Estate
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Property Details for 5 Ray St, Para Hills

5 Ray St, Para Hills is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 734m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Para Hills in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
129m2
Land Size
734m2
Local Government
Salisbury
Lot/Plan
A13/D7772

Last Listing description (June 2018)

Could this be the block upon which you undertake your next renovation rescue? Or will the wide frontage on approx. 734 sqm of land tempt you to knock it down and develop the site subject to council consent?
This substantial brick and tile home of approx. 123 sqm (approx.) built in 1970 is in near original condition. The floorplan offers three large bedrooms, one with a built-in robe and one with a ceiling fan. The lounge is also very spacious and joins the separate dining room via a sliding door.
The kitchen and bathroom are typical examples of loud 1970s dcor but are spacious nonetheless and begging to be renovated. There is a separate toilet and a functional laundry leading to a sizeable back yard ripe for a garden makeover.

There is significant work to be done, but the foundations are there and the rewards beckon the astute purchaser.
Alternatively, this large parcel of land with a 20 metre frontage (approx.) is ideal for development (STCC) in an area located near schools and shops just 15 kms (approx.) to the city.
If youre considering your next renovation or development project contact Jakub Ratajczak on 0448 114 454 or Adam Dobek on 0448 884 599 for further information.

Property History for 5 Ray St, Para Hills, SA 5096

A timeline of how this property has performed in the market
Last Sold
$538,000
20 Jun 2024
  • 20 Jun 2024
    Sold for $538,000
  • 31 May 2018
    Sold for $329,000
  • 22 Jan 2018
    Listed for Sale $315,000-$329,000
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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.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Para hills on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Para hills.

Suburb Insights for Para Hills 5096

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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.