OFF MARKET

1/19 Edward Street
Paralowie SA 5108

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 19m2
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Last updated 11 Nov 2024
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Property Details for 1/19 Edward St, Paralowie

1/19 Edward St, Paralowie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 19m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1977
Floor Size
76m2
Land Size
19m2
Local Government
Salisbury
Lot/Plan
U1/S3324

Last Listing description (September 2023)

This very well presented and situated solid brick unit is nicely positioned at the private end of this group of Strata titled homes and with an excellent existing tenant paying $280 per week and keen to negotiate a new lease with the next owners, the property represents and excellent investment opportunity at a return on your investment rarely found in any capital city. Features include modern decor with open plan lounge / dining, a re modelled kitchen with gas range and cooktop and plenty of cupboard and bench top space, a sparkling recently renovated bathroom serviced by an instantaneous hot water system. Gas wall heating and refrigerated cooling take care of climate year round and easy care floating floors are present in major traffic areas along with carpeted bedrooms. A nice rear verandah provides a shaded outdoor living space in the private rear yard and there is also a handy storage shed. The unit also comes with an allocated carport.

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Property History for 1/19 Edward St, Paralowie, SA 5108

A timeline of how this property has performed in the market
Last Sold
$211,250
08 Oct 2021
Listed for Rent
$280/w
20 Nov 2020
  • 08 Oct 2021
    Sold for $211,250
  • 16 Jun 2021
    Listed for Sale UNDER CONTRACT/OFFER
  • 05 Nov 2020
    Listed for Rent $280 / week
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About Paralowie 5108

The size of Paralowie is approximately 6.7 square kilometres. It has 37 parks covering nearly 17.6% of total area. The population of Paralowie in 2011 was 15,871 people. By 2016 the population was 16,542 showing a population growth of 4.2% in the area during that time. The predominant age group in Paralowie is 0-9 years. Households in Paralowie are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paralowie work in a labourer occupation. In 2011, 75.1% of the homes in Paralowie were owner-occupied compared with 72.6% in 2016.

Paralowie has 6,896 properties. Over the last 5 years, Houses in Paralowie have seen a 118.86% increase in median value, while Units have seen a 122.66% increase. As at 31 October 2024:

  • The median value for Houses in Paralowie is $653,301 while the median value for Units is $449,283.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 19 properties listed for sale, and 5 properties listed for rent in Paralowie on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Paralowie.

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