99 Sixteenth StreetRenmark SA 5341
Property Details for 99 Sixteenth St, Renmark
99 Sixteenth St, Renmark is a 3 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 950m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Renmark in the last 12 months.
Last Listing description (February 2024)
This 3 bedroom, 1 bathroom home is located a short walk from the town centre, sports facilities, and schools. Currently tenanted at $290 per week until June 2024, the property presents developers and investors an excellent opportunity to receive instant income while you do your research and wait for development consent.
Spanning approximately 950m2, the property boasts a generous frontage of approx. 18.4 meters with the added advantage of rear lane access.
The existing residence, a sturdy structure from a bygone era, could either undergo renovation or be demolished. Given the scarcity of land within Renmark, this is a unique opportunity not to be overlooked.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. Elders Real Estate RLA62833.
Property History for 99 Sixteenth St, Renmark, SA 5341
- 19 Feb 2024Sold for $310,000
- 15 Dec 2023Listed for Sale $325,000
- 28 May 2019Listed for Rent - Price not available
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0About 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.
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