OFF MARKET

7 Railway Terrace
Paringa SA 5340

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 1509m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 7 Railway Tce, Paringa

7 Railway Tce, Paringa is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1509m2 and floor size of 110m2.

Building Type
House
Year Built
1950
Floor Size
110m2
Land Size
1509m2
Local Government
Renmark Paringa
Lot/Plan
A104/D4697

Last Listing description (October 2024)

Seize the chance to own this expansive 1,509 sqm allotment perched on the high side of Railway Terrace in the heart of Paringa. With an impressive frontage of approximately 22.2 meters and a depth of approximately 70 meters, this property offers ample space and endless possibilities for renovation or development (Subject to Council Consent - STCC).

The existing residence is a comfortable two-bedroom home featuring a functional kitchen and dining area, a spacious lounge room, and a versatile study. While liveable, the home provides a fantastic blank canvas for those looking to renovate or redevelop.

Things we love:

Large 1509 sqm allotment.
Approx. 22.2m frontage and 79m deep.
Positioned on the high side of Railway Terrace.
Two-bedroom home with a study.
Kitchen and dining area.
Spacious lounge room.
Rear lane access for added convenience.
Large shed at the rear of the property.
Endless development potential (SCTCC).
Prime location in the heart of Paringa.

Don't miss out on making this exceptional property yours!

For more information or to arrange a private inspection, please contact:

Aaron Willis
0433 359 137
RLA: 315295

Disclaimer: While diligent efforts have been made to ensure the accuracy of the information provided, no responsibility or liability is assumed for any errors, omissions, or inaccuracies. Prospective buyers are advised to conduct their own inquiries to verify the information presented. Furthermore, the agent makes no representations or warranties concerning property boundaries or potential encroachments; all aerial imagery is for illustrative purposes only. Buyers should independently confirm property boundaries prior to entering into any contractual agreement.

Property History for 7 Railway Tce, Paringa, SA 5340

A timeline of how this property has performed in the market
  • 04 Oct 2024
    Listed for Sale $230,000

Commute Calculator

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 5 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

Market Insights
Paringa Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paringa Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.