OFF MARKET

Torrens Crescent
Pennington SA 5013

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 178m2
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Last updated 11 Nov 2024
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Property Details for Lot 1 Torrens Cres, Pennington

Lot 1 Torrens Cres, Pennington is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 178m2.

Building Type
House
Floor Size
178m2
Local Government
Charles Sturt

Last Listing description (June 2019)

Quality House & Land Package to be constructed, at an affordable price
Standard Inclusions:
Supaloc Steel Frames, termite proof, commercial quality

Chrome flick mixer to kitchen & laundry
R2.0 Soundscreen external wall insulation
Stainless Steel Appliances
Colorbond roof, gutters, fascias & downpipes
Instantaneous Gas Hot water Service
NBN Provision
Included Extras:
Concrete driveway
Carpets to bedrooms
Timber laminate flooring
Alfresco
Stormwater
2.7m High ceilings
Air-conditioning
NEED FINANCE ADVICE?
Think you can't afford to build? - Take advantage of our independent finance group. Our independent advisors can help determine how much you can borrow and how much it will cost per week. A simple phone call or email will help you see how easy it is to own your own home.
TERMS & CONDITIONS
*©2018, Weeks Building Group ACN 008 087 278. The land referred to in this promotion is not owned by us. We make no representations about the suitability of the land to build on or otherwise. You must satisfy yourself of that by inspection or by taking professional advice or otherwise. To the extent permissible by law, all liability (whether in negligence or otherwise) for the information contained in this material or any representations regarding the land is disclaimed by Weeks Building Group ACN 008 087 278 and its related entities and businesses.
Price may vary depending on selections, engineering, council requirements & adjustments to allowances. Should retaining walls be required for your allotment, it is your responsibility to arrange with your adjoining neighbour(s) and obtain consent and/or approvals. No allowances for retaining walls have been included; retaining walls (if required) are to be completed by the purchaser of the land. The builder takes no responsibility nor is liable if retaining is required. All packages subject to final council approval.
^Warning. This rate applies only to the example given. Fees & charges will also be payable for any loan. The weekly repayment quote represents the initial repayment only on an interest only basis. The interest rate used to calculate weekly repayments is for secured loans on amounts of $250,000 or more. The interest rate used of 4.34% pa is the average initial 3 year fixed rate of a cross section of four major banks and/or lenders. This rate was determined at Wednesday 10th of February 2016 and is subject to variation.
Different amounts and terms will result in different terms & rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the rate but may influence the amount of the loan, the cost of obtaining it and the weekly repayment amount.

Property History for Lot 1 Torrens Cres, Pennington, SA 5013

A timeline of how this property has performed in the market
  • 25 Aug 2018
    Listed for Sale $448,093*

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About Pennington 5013

The size of Pennington is approximately 1.4 square kilometres. It has 6 parks covering nearly 4.3% of total area. The population of Pennington in 2011 was 3,648 people. By 2016 the population was 3,639 showing a population decline of 0.2% in the area during that time. The predominant age group in Pennington is 50-59 years. Households in Pennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pennington work in a trades occupation. In 2011, 57.5% of the homes in Pennington were owner-occupied compared with 57.5% in 2016.

Pennington has 1,558 properties. Over the last 5 years, Houses in Pennington have seen a 105.11% increase in median value, while Units have seen a 74.02% increase. As at 31 October 2024:

  • The median value for Houses in Pennington is $821,405 while the median value for Units is $523,810.
  • Houses have a median rent of $550 while Units have a median rent of $260.
There are currently 5 properties listed for sale, and 1 property listed for rent in Pennington on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Pennington.

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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.