OFF MARKET

40 Riverview Drive
Paringa SA 5340

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 143m2
Land area: 1080m2
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Property Details for 40 Riverview Dr, Paringa

40 Riverview Dr, Paringa is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 1080m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1976
Floor Size
143m2
Land Size
1080m2
Local Government
Renmark Paringa
Lot/Plan
A23/D6972

Last Listing description (November 2021)

Don't miss this excellent opportunity to acquire your first home or investment property. Set on a large 1,080m2 allotment, with limited rear lane access, the first thing that will impress you, is the size of the two living areas. With a lick of paint and possibly new floor coverings, this home just oozes potential. All bedrooms are a respectable size, as is the kitchen dining area. Ducted evaporative air-conditioning, together with a split system and a gas bayonet fitting looks after your all year-round comfort.Outside offers a single carport and shedding, both with concrete floor, power and lighting. Accessed off the family room, is the semi enclosed and paved entertaining area, making for a great space for entertaining with friends and family. For any investors, this property was previously tenanted for $245 per week, so with little effort, there is the potential to improve that substantially. Likewise, if you planned to live in it yourself, it could easily be a very comfortable home.

Property History for 40 Riverview Dr, Paringa, SA 5340

A timeline of how this property has performed in the market
Last Sold
$192,000
19 Nov 2021
Listed for Rent
$225/w
15 Dec 2017
  • 19 Nov 2021
    Sold for $192,000
  • 20 Sep 2021
    Listed for Sale $189,000
  • 15 Dec 2017
    Listed for Rent - Price not available
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About Paringa 5340

The size of Paringa is approximately 17.4 square kilometres. It has 7 parks covering nearly 1.3% of total area. The population of Paringa in 2011 was 915 people. By 2016 the population was 1,090 showing a population growth of 19.1% in the area during that time. The predominant age group in Paringa is 20-29 years. Households in Paringa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paringa work in a labourer occupation. In 2011, 77.9% of the homes in Paringa were owner-occupied compared with 71.6% in 2016.

Paringa has 654 properties. Over the last 5 years, Houses in Paringa have seen a 70.98% increase in median value, while Units have seen a 75.72% increase. As at 31 October 2024:

  • The median value for Houses in Paringa is $369,380 while the median value for Units is $297,054.
  • Houses have a median rent of $290 while Units have a median rent of $130.
There are currently 6 properties listed for sale, and no properties listed for rent in Paringa on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Paringa.

Suburb Insights for Paringa 5340

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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.