OFF MARKET

26 Chestnut Drive
Parafield Gardens SA 5107

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 180m2
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Property Details for 26 Chestnut Dr, Parafield Gardens

26 Chestnut Dr, Parafield Gardens is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 180m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
2014
Floor Size
94m2
Land Size
180m2
Local Government
Salisbury
Lot/Plan
A97/D92759

Last Listing description (October 2023)

Parafield gardens is growing fast – in todays market the prices are increasing and we anticipate this to be a three year cycle.

With interest rates at an all time low now is the time to invest. This 5 year old, two bedroom home has become available for the astute investor.

Currently tenanted plus a government rebate of approximately $11,000 per year (under NRAS - National Rental Affordability Scheme) for the next three years on top of the rent, this is one set and forget investment opportunity.

The property is well presented and the current tenant looks after the home well. Featuring a large master bedroom with built in robe, great living and dining area with American style kitchen. Fantastic outdoor entertainment area adjacent to the rear double carport with automated roller door.

Parafield gardens is a much sought-after location, and this investment home could be a great asset for the first-time investor or an addition to your current portfolio.

Inspection can be arranged by appointment, for further information please contact me, Simon de Wit on 0422 997 497.

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CORONAVIRUS PREVENTION (We care for your well-being and safety)

At Century 21 Property People we are committed to the health and safety of our team, our customers and the wider community. With the rapid unfolding of events and the latest recommendations from the World Health Organisation and the Australian Department of Health, we have implemented new strategies regarding open inspections and private showings. If you have recently returned within 14 days from overseas, have been in contact with an infected person or are experiencing any cold or flu like symptoms, please let our team know so we can assist you in other ways. Unfortunately, I can no longer shake hands with you to practice best hygiene, but rest assured I am here to assist you all the way when purchasing your home.

On behalf of our Century 21 team I thank you for your cooperation.

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OUR MISSION
To provide a superior Real Estate service, assisting all clients to achieve their goals with honesty and integrity, by openly sharing our experience and knowledge helping people to build a better future.

OUR VISION
Securing your future in profitable real estate

OUR SERVICES
* Selling your home with integrity and respect
* Improving knowledge through educational evenings & workshops
* Maximising investment strategies through rental properties
* Showing you how to achieve financial security
* Help you find the most appropriate finance tailored to suit your needs.



Property History for 26 Chestnut Dr, Parafield Gardens, SA 5107

A timeline of how this property has performed in the market
Last Sold
$350,000
06 Jul 2022
Listed for Rent
$264/w
31 Aug 2021
  • 06 Jul 2022
    Sold for $350,000
  • 17 Mar 2022
    Listed for Sale $350,000 to $370,000
  • 25 Aug 2021
    Listed for Rent $264 / week
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About Parafield Gardens 5107

The size of Parafield Gardens is approximately 7.1 square kilometres. It has 40 parks covering nearly 11.3% of total area. The population of Parafield Gardens in 2011 was 15,318 people. By 2016 the population was 16,962 showing a population growth of 10.7% in the area during that time. The predominant age group in Parafield Gardens is 30-39 years. Households in Parafield Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Parafield Gardens work in a labourer occupation. In 2011, 69.1% of the homes in Parafield Gardens were owner-occupied compared with 68% in 2016.

Parafield Gardens has 7,009 properties. Over the last 5 years, Houses in Parafield Gardens have seen a 121.67% increase in median value, while Units have seen a 126.06% increase. As at 31 October 2024:

  • The median value for Houses in Parafield Gardens is $703,776 while the median value for Units is $572,166.
  • Houses have a median rent of $550 while Units have a median rent of $380.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Parafield gardens on OnTheHouse. According to CoreLogic's data, 251 properties were sold in the past 12 months in Parafield gardens.

Suburb Insights for Parafield Gardens 5107

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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.