OFF MARKET

7/7A Hooper Street
Paralowie SA 5108

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 752m2
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Last updated 14 Oct 2024
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Property Details for 7/7a Hooper St, Paralowie

7/7a Hooper St, Paralowie is a 2 bedroom, 1 bathroom Unit and was built in 1983. The property has a land size of 752m2 and floor size of 86m2.

Building Type
Unit
Year Built
1983
Floor Size
86m2
Land Size
752m2
Local Government
Salisbury

Last Listing description (November 2021)

**Best offers closing Tuesday 21st September at 6pm unless SOLD prior**

**Note the properties are being SOLD as a whole, not separately**

A great opportunity to acquire this yield based investment on a considerable 784 sqm (19.81m by 39.62m) allotment approx. according to the Certificate of Title.

Configured as 2 separate residential units and built in 1983, but on 1 title, the property offers comfortable accommodation with attractive rental returns.

Currently both units are leased on fixed tenancies with a collective rent of $525 per week.

Ideally located down a quiet street, close to the Hollywood plaza, top local schools and public transport.

Contact Daniel Sanderson to register your interest.

If a land size is quoted it is an approximation only. You must make your own enquires as to this figure accuracy. Smallacombe Sanderson does not guarantee the accuracy of these measurements. Contact the local council on what is possible and what is not possible on this allotment.

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Property History for 7/7a Hooper St, Paralowie, SA 5108

A timeline of how this property has performed in the market
  • 02 Sep 2021
    Listed for Sale $465,000 to $490,000

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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 6,889 properties. Over the last 5 years, Houses in Paralowie have seen a 118.98% increase in median value, while Units have seen a 115.56% increase. As at 30 September 2024:

  • The median value for Houses in Paralowie is $645,615 while the median value for Units is $430,403.
  • Houses have a median rent of $540 while Units have a median rent of $398.
There are currently 22 properties listed for sale, and 6 properties listed for rent in Paralowie on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Paralowie.

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