OFF MARKET

7 Margarita Street
Paralowie SA 5108

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 129m2
Land area: 570m2
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Last updated 11 Nov 2024
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Property Details for 7 Margarita St, Paralowie

7 Margarita St, Paralowie is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1990. The property has a land size of 570m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1990
Floor Size
129m2
Land Size
570m2
Local Government
Salisbury
Lot/Plan
A352/D26585

Last Listing description (September 2022)

Opportunity Awaits!

Whether you are a first home buyer, family, downsizer or an astute investor, this beauty is ready and waiting for you. Bring the paint and prosper, or with a little imagination, transform this sleeping beauty into the home of your dreams. Private and secure with plenty of parking and outdoor entertaining area, this could very well be 'the one.'

Close to several local shopping precincts, schools and transport routes, this homes location is second to none; and with the Northern Connector just around the corner, you can be in the city in less than half an hour. Put this one on your must-see list NOW!

PROPERTY HIGHLIGHTS:
Great shopping facilities, popular schools, and public transport nearby
Three spacious bedrooms, master with built in wardrobes
Ducted, evaporative cooling throughout and ceiling fans to bedrooms and living area
Contemporary kitchen with freestanding gas oven and plenty of storage
Allergen friendly flooring to main living areas, with carpeted bedrooms
Multiple living areas affords larger families their own space
Roller shutters to front rooms for added privacy and security
Family bathroom with bath, separate toilet, and laundry
Two external cat runs, accessed from separate parts of the home, plus a doggy door
Expansive al fresco entertaining area, great for large gatherings
Undercover parking for two cars, with additional onsite parking for multiple vehicles
Large, fully fenced backyard with fake turf and garden shed
Rental estimate $415-$430 per week
Brick veneer construction built in 1990 on 570m2 (approximately) allotment

Inspect TODAY, as such an outstanding opportunity won't be available for long!

SPECIFICATIONS:
CT 4343/841
Council Salisbury
Zoning GN General Neighbourhood
Built 1990
Council Rates - $1,228.25/annum
SA Water - $142.10/quarter
ESL - $101.15/annum

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Property History for 7 Margarita St, Paralowie, SA 5108

A timeline of how this property has performed in the market
Last Sold
$420,000
29 Jul 2022
  • 29 Jul 2022
    Sold for $420,000
  • 21 Jun 2022
    Listed for Sale $359,000 - $389,000
  • 30 Aug 1999
    Sold for $89,000
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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 6,896 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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