OFF MARKET

52 Nilpena Avenue
Park Holme SA 5043

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 99m2
Land area: 702m2
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Property Details for 52 Nilpena Ave, Park Holme

52 Nilpena Ave, Park Holme is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1947. The property has a land size of 702m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1947
Floor Size
99m2
Land Size
702m2
Local Government
Marion
Lot/Plan
A476/D3102

Last Listing description (January 2021)

Located in the desirable family-friendly suburb of Park Holme, this generous allotment of 738sqm (approximately) presents a fantastic opportunity to build your dream home, renovate, extend or re-develop into multiple dwellings (stcc).

As a bonus to the prospective purchaser, the vendor has invested serious amounts of time, effort and money in utilising the services of a town planner to have plans approved for three dwellings of extensive size boasting high quality finishes.

The current three bedroom house with art deco features is ready for a new lease of life. The possibilities are endless, simply take advantage of a thriving location and pre approved plans.

Ideal for developers, investors or anyone looking to buy into a likeable suburb set between the sea and the city, within proximity to a wide range of amenities including Park Holme Shopping Precinct, Westfield Marion, Marion Cultural Centre, SA Aquatic and Leisure Centre, local parks, Marion Swimming Centre, various specialty shops and eateries, gyms, public transport routes on Marion Road and Hendrie Street plus private and public schooling.

More reasons to love this opportunity:
-Quiet suburban locale
-Pre approved plans for three dwellings
-Ideal for renovation or development (stcc)

The figures:
-Land size 738sqm (approximately)
-Council: City of Marion

The dwelling on this property is subject to a Housing Improvement Order under the Housing Improvement Act 2016.

Property History for 52 Nilpena Ave, Park Holme, SA 5043

A timeline of how this property has performed in the market
Last Sold
$520,000
17 Dec 2020
Listed for Rent
$350/w
13 Dec 2016
  • 17 Dec 2020
    Sold for $520,000
  • 16 Oct 2020
    Listed for Sale Under Contract
  • 17 Nov 2016
    Listed for Rent $350 / week
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About Park Holme 5043

The size of Park Holme is approximately 1.1 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Park Holme in 2011 was 2,732 people. By 2016 the population was 2,869 showing a population growth of 5.0% in the area during that time. The predominant age group in Park Holme is 20-29 years. Households in Park Holme are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Park Holme work in a professional occupation. In 2011, 54.8% of the homes in Park Holme were owner-occupied compared with 53.2% in 2016.

Park Holme has 1,654 properties. Over the last 5 years, Houses in Park Holme have seen a 75.65% increase in median value, while Units have seen a 80.49% increase. As at 30 September 2024:

  • The median value for Houses in Park Holme is $917,522 while the median value for Units is $599,045.
  • Houses have a median rent of $620 while Units have a median rent of $545.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Park holme on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Park holme.

Suburb Insights for Park Holme 5043

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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.