SOLD
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Sold on 10 Jun 2024 for $710,000

9A Karalee Grove
Reynella SA 5161

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 337m2
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Property Details for 9a Karalee Gr, Reynella

9a Karalee Gr, Reynella is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 337m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Reynella in the last 12 months.

Building Type
House
Land Size
337m2
Local Government
Onkaparinga
Lot/Plan
A2/D95521

Last Listing description (June 2024)

Situated on a low-maintenance allotment, this three-bedroom courtyard home is perfect for investors, first-time buyers, or downsizers.

Comprising of three good-sized bedrooms, the master bedroom features a walk-in robe and ensuite, with bedrooms 2 & 3 both offering built-in robes. The spacious open-plan kitchen / living / dining area includes a modern kitchen with breakfast bar, dishwasher, and gas cooktop.

An undercover alfresco area and low-maintenance rear yard provide excellent outdoor living space. There's also a second living area or large home office positioned at the front of the home.

Notable features include:

- 3 bedrooms, master with walk-in robe and ensuite
- Spacious open plan kitchen / living / dining area
- Kitchen with breakfast bar, dishwasher & gas cooktop
- Undercover alfresco entertaining area and low-maintenance rear yard
- Second living area / large home office
- Single auto-door garage with internal access
- Split system air-conditioning

Currently tenanted until March 2025, this offering is the perfect opportunity for investors looking to expand their portfolio or owner-occupiers who wish to secure a home in advance of their move in date.

There’s also an opportunity to purchase the neighbouring home at 9 Karalee Grove, Reynella which also has a long term tenancy in place.

Property Specifics:
Year Built / 2018
Land Size / 337sqm
Council / City of Onkaparinga
Council Rates / $1,737.50 per year
ESL / $127.10 per year
CT / Volume 6152 Folio 480

Property History for 9a Karalee Gr, Reynella, SA 5161

A timeline of how this property has performed in the market
Last Sold
$710,000
10 Jun 2024
  • 05 Jul 2024
    Sold for $710,000

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About Reynella 5161

The size of Reynella is approximately 4.2 square kilometres. It has 9 parks covering nearly 6.6% of total area. The population of Reynella in 2011 was 4,461 people. By 2016 the population was 4,742 showing a population growth of 6.3% in the area during that time. The predominant age group in Reynella is 30-39 years. Households in Reynella are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Reynella work in a trades occupation. In 2011, 77.3% of the homes in Reynella were owner-occupied compared with 77% in 2016.

Reynella has 2,349 properties. Over the last 5 years, Houses in Reynella have seen a 111.13% increase in median value, while Units have seen a 131.08% increase. As at 31 October 2024:

  • The median value for Houses in Reynella is $702,725 while the median value for Units is $508,403.
  • Houses have a median rent of $555 while Units have a median rent of $280.
There are currently 4 properties listed for sale, and 1 property listed for rent in Reynella on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Reynella.

Suburb Insights for Reynella 5161

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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.