SOLD
Sold on 24 Apr 2024 for $625,000

12 Solero Avenue
Reynella East SA 5161

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 12 Solero Ave, Reynella East

12 Solero Ave, Reynella East is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1964. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Reynella East in the last 12 months.

Building Type
House
Year Built
1964
Local Government
Onkaparinga
Lot/Plan
A69/D7154

Last Listing description (March 2024)

Prime Opportunity to Renovate or Redevelop on a Spacious 700sqm Allotment

Nestled on a substantial 700 sqm (approx.) land parcel boasting an impressive 18.28m frontage, this residence presents a compelling opportunity for those with a vision for transformation. Whether you are an enthusiast seeking a renovation project or a discerning investor eyeing redevelopment prospects within the "General Neighbourhood Zoning", this property promises long-term rewards.

Situated in the highly coveted southern suburb of Reynella East, convenience becomes a way of life. The proximity to the Happy Valley supermarket and the Woodcroft Town Centre shopping mall ensures that daily amenities are within easy reach. The property finds itself within the esteemed catchment zone of Reynella East College and Reynella East Preschool, offering an educational advantage for families.

The locale is not only about practicality but also embraces a family-friendly atmosphere, with an abundance of public amenities and parks in close proximity. Ideal for families, this setting fosters a sense of community and outdoor enjoyment.

Originally constructed in 1954, the home embodies a classic charm. Boasting three generously sized bedrooms and a main bathroom with a separate shower and bath, the residence caters to both comfort and functionality. The large front lounge provides a welcoming space, offering delightful views of the front yard, while the dine-in kitchen complements the overall layout.

Now awaiting its next custodian, this property is a canvas ready for your personal touch. A viewing is highly recommended to fully appreciate the potential and possibilities that this residence holds. Seize the chance to breathe new life into this home and unlock its hidden value.

On behalf of Century 21 Central, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should view the property and seek independent advice if they wish to proceed.

RLA 274363

Property History for 12 Solero Ave, Reynella East, SA 5161

A timeline of how this property has performed in the market
Last Sold
$625,000
24 Apr 2024
  • 14 Mar 2024
    Sold for $625,000
  • 06 Mar 2024
    Listed for Sale RECENT SALES
  • 26 Nov 2004
    Listed for Sale 179950
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About Reynella East 5161

The size of Reynella East is approximately 1.3 square kilometres. It has 6 parks covering nearly 10.8% of total area. The population of Reynella East in 2011 was 2,019 people. By 2016 the population was 2,021 showing a population growth of 0.1% in the area during that time. The predominant age group in Reynella East is 60-69 years. Households in Reynella East are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Reynella East work in a trades occupation. In 2011, 75.3% of the homes in Reynella East were owner-occupied compared with 73.8% in 2016.

Reynella East has 854 properties. Over the last 5 years, Houses in Reynella East have seen a 106.19% increase in median value, while Units have seen a 138.13% increase. As at 30 November 2024:

  • The median value for Houses in Reynella East is $743,853 while the median value for Units is $645,342.
  • Houses have a median rent of $550.
There are currently 2 properties listed for sale, and no properties listed for rent in Reynella east on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Reynella east.

Suburb Insights for Reynella East 5161

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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.