OFF MARKET

4/122-124 South Terrace
Pooraka SA 5095

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 69m2
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Property Details for 4/122-124 South Tce, Pooraka

4/122-124 South Tce, Pooraka is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 69m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1976
Floor Size
63m2
Land Size
69m2
Local Government
Salisbury
Lot/Plan
U4/S2739

Last Listing description (December 2021)

Professionals Salisbury and Dragan Pancic are proud to present this great sized unit. This colonial unit would suit a buyer that is looking for their first home, downsizers or an investor looking for an opportunity to add to their portfolio with a great rental yield of 6.45% approximate.

The unit features 2 good sized bedrooms, master equipped with built in robes, spacious living area with floating floorboards, outdoor verandah area/sitting area, bathroom equipped with shower and bath tub and car parking located in the front of the establishment.

Updated kitchen with ample spacing that overlooks the rear courtyard, well positioned with today's necessities, comfortable meals area, range hood and oven with electric cooktop, filtered water and double sink.

For the security conscious, the unit has front and rear security doors. The private and secure rear courtyard features bamboo screens, garden shed and rainwater tank. A pergola provides year-round shelter for outdoor entertaining with artificial lawn for a low maintenance home package.

Property features:
Council / Salisbury Council
Built / 1976
Construct / Solid Brick
Reverse cycle air conditioning
Rental Estimate / $320 pw approx

Contact Dragan Pancic on 0448 045 361 to arrange an appointment for viewing!

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Property History for 4/122-124 South Tce, Pooraka, SA 5095

A timeline of how this property has performed in the market
Last Sold
$300,000
17 Dec 2021
  • 17 Dec 2021
    Sold for $300,000
  • 22 Oct 2021
    Listed for Sale $249,000 - $259,000
  • 30 Mar 2006
    Sold for $153,000

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About Pooraka 5095

The size of Pooraka is approximately 5.4 square kilometres. It has 18 parks covering nearly 13.8% of total area. The population of Pooraka in 2011 was 7,059 people. By 2016 the population was 7,242 showing a population growth of 2.6% in the area during that time. The predominant age group in Pooraka is 30-39 years. Households in Pooraka are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pooraka work in a trades occupation. In 2011, 68.5% of the homes in Pooraka were owner-occupied compared with 67.7% in 2016.

Pooraka has 3,690 properties. Over the last 5 years, Houses in Pooraka have seen a 106.13% increase in median value, while Units have seen a 110.21% increase. As at 30 September 2024:

  • The median value for Houses in Pooraka is $725,120 while the median value for Units is $507,288.
  • Houses have a median rent of $550 while Units have a median rent of $325.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Pooraka on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Pooraka.

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