SOLD
Sold on 25 Sep 2024 for $730,000

50 Lorraine Avenue
Para Vista SA 5093

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 203m2
Land area: 706m2
Improve this data
Share
Save

Property Details for 50 Lorraine Ave, Para Vista

50 Lorraine Ave, Para Vista is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 706m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Para Vista in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
203m2
Land Size
706m2
Local Government
Salisbury
Lot/Plan
A28/D6721

Last Listing description (September 2024)

Attention all developers and renovators! This unique property is your chance to secure a prime corner block in the sought-after suburb of Para Vista. Situated on a generous allotment of 706m2, 50 Lorraine Avenue presents endless possibilities for those with a vision.

The current dwelling features three bedrooms, one bathroom, and an upstairs living/rumpus room.

Although the existing structure is in a very run-down condition, its true value lies in the potential for redevelopment or extensive renovation. The spacious corner block offers flexibility for innovative designs and layouts, making it perfect for those looking to create something truly special.

Key Features:
Prime corner block location
706m2 of land size approx.
Torrens titled
Generous allotment with ample space
Ideal for developers looking to demolish and rebuild
Perfect for renovators with a creative vision
Potential for innovative designs and layouts
Not to mention this home is also situated in a perfect location, close to all important amenities including Westfield Tea Tree Plaza, Modbury Hospital, various parks and reserves, public transport and a short drive to the CBD.

This property is an unpolished gem waiting for the right buyer to unlock its full potential. Whether you're a developer aiming to build new residences or a renovator ready to transform the existing structure, 50 Lorraine Avenue is an opportunity not to be missed.

While we have made every possible effort to ensure that the information provided is accurate, Ray White Hillcrest accepts no liability for any inaccuracies or exclusions (including but not limited to a property's land size, floor plans and size, overall condition). We recommend that if you are interested, to make your own inquiries and obtain your own legal advice where necessary.
RLA: 319212

Show More

Property History for 50 Lorraine Ave, Para Vista, SA 5093

A timeline of how this property has performed in the market
Last Sold
$730,000
25 Sep 2024
  • 25 Sep 2024
    Sold for $730,000
  • 07 Aug 2024
    Listed for Sale Auction 25th of August @ 01:00pm
  • 26 Jun 2015
    Sold for $290,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Para Vista 5093

The size of Para Vista is approximately 1.5 square kilometres. It has 12 parks covering nearly 12.7% of total area. The population of Para Vista in 2011 was 2,929 people. By 2016 the population was 2,919 showing a population decline of 0.3% in the area during that time. The predominant age group in Para Vista is 30-39 years. Households in Para Vista are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Para Vista work in a trades occupation. In 2011, 67.2% of the homes in Para Vista were owner-occupied compared with 67.1% in 2016.

Para Vista has 1,412 properties. Over the last 5 years, Houses in Para Vista have seen a 115.76% increase in median value, while Units have seen a 140.67% increase. As at 30 November 2024:

  • The median value for Houses in Para Vista is $744,581 while the median value for Units is $477,473.
  • Houses have a median rent of $578 while Units have a median rent of $285.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Para vista on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Para vista.

Para Vista Profile Page

Suburb Insights for Para Vista 5093

Visit Para Vista profile page
Market Insights
Para Vista Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Para Vista Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Para Vista profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED