OFF MARKET

216 Ral Ral Avenue
Renmark SA 5341

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 49870m2
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Last updated 11 Nov 2024
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Property Details for 216 Ral Ral Ave, Renmark

216 Ral Ral Ave, Renmark is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 49870m2 and floor size of 52m2.

Building Type
House
Year Built
2000
Floor Size
52m2
Land Size
49870m2
Local Government
Renmark Paringa

Last Listing description (July 2014)

Unique Investment/Development Opportunity
A very unique opportunity to obtain approx 4.99ha (12.3acres) of land in Renmark close to the Hospital and sporting facilities. A portion of the land is on flood plain and fronts the Bookmark Creek. The remainder of the land is on the inside of the levee bank and is zoned Residential allowing for residential development subject to Council Approval. A modern 2 bedroom transportable home plus shed on the property is currently rented until 28th Feb 2015 for $190 per week giving a brilliant return. A water allocation of 11,136 kltrs via The Renmark Irrigation Trust is included in the sale. Don?t miss this affordable opportunity.

Property History for 216 Ral Ral Ave, Renmark, SA 5341

A timeline of how this property has performed in the market
  • 14 May 2014
    Listed for Sale $130,000

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About Renmark 5341

The size of Renmark is approximately 14.9 square kilometres. It has 30 parks covering nearly 9.6% of total area. The population of Renmark in 2011 was 4,386 people. By 2016 the population was 4,637 showing a population growth of 5.7% in the area during that time. The predominant age group in Renmark is 60-69 years. Households in Renmark are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Renmark work in a labourer occupation. In 2011, 53.2% of the homes in Renmark were owner-occupied compared with 54.5% in 2016.

Renmark has 2,838 properties. Over the last 5 years, Houses in Renmark have seen a 75.96% increase in median value, while Units have seen a 68.18% increase. As at 31 October 2024:

  • The median value for Houses in Renmark is $356,546 while the median value for Units is $303,745.
  • Houses have a median rent of $380 while Units have a median rent of $260.
There are currently 18 properties listed for sale, and 10 properties listed for rent in Renmark on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Renmark.

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