OFF MARKET

501 Womma West Road
Penfield Gardens SA 5121

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 30300m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 501 Womma West Rd, Penfield Gardens

501 Womma West Rd, Penfield Gardens is a 3 bedroom, 1 bathroom House. The property has a land size of 30300m2.

Building Type
House
Land Size
30300m2
Local Government
Playford

Last Listing description (December 2023)

This is a fantastic opportunity to acquire a large 3.03 hectare portion (approx. 7.5 acres) of prime fertile rural land.

Situated in a commercial farming district only a few minutes drive to Virginia's town centre & a variety of amenities. There are a good selection of schools including Trinity College, along with many parks and recreational facilities all within easy reach.

The portion of this land on offer comprises:

* 3.03 hectares (approx. 7.5 acres)
* 30 greenhouses & 10 glasshouses
* Huge shed
* 3 bedroom portable home
* Recycled water allocation of 9,100kL per annum for irrigation

Create or expand your farming/market garden business ~ currently producing cherry tomatoes, Lebanese cucumbers and capsicums etc for wholesale suppliers. The greenhouse business is presently leased out until the end of October 2023.

Situated in a very high demand area for locally grown crops, there are options for the new purchasers to continue leasing out the facilities, or to use the land for their own business ventures.

Vendors are retiring and keen to sell, please call Henry Vong on 0423 245 373 to discuss further.

Council: City of Playford
Council Rates: $1,098.80 per annum
SA Water: $37.10 per quarter + Recycled Water fees
ESL: $106.58 per annum
Land Size: 3.03 hectares (approx.7.5 acres)
Year Built: 1960
Zoning: Rural Horticulture

Property History for 501 Womma West Rd, Penfield Gardens, SA 5121

A timeline of how this property has performed in the market
  • 01 Aug 2023
    Listed for Sale Not Disclosed

Commute Calculator

About Penfield Gardens 5121

The size of Penfield Gardens is approximately 15.2 square kilometres. The population of Penfield Gardens in 2011 was 272 people. By 2016 the population was 334 showing a population growth of 22.8% in the area during that time. The predominant age group in Penfield Gardens is 10-19 years. Households in Penfield Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penfield Gardens work in a managers occupation. In 2011, 80.8% of the homes in Penfield Gardens were owner-occupied compared with 76.6% in 2016..

Penfield Gardens has 202 properties. Over the last 5 years, Houses in Penfield Gardens have seen a 110.71% increase in median value. As at 31 July 2024:

  • The median value for Houses in Penfield Gardens is $892,344.
There are currently no properties listed for sale, and no properties listed for rent in Penfield gardens on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Penfield gardens.

Suburb Insights for Penfield Gardens 5121

Market Insights
Penfield Gardens 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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Penfield Gardens 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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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.