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Sold on 10 Sep 2024 for $495,000

1/1A Elms Avenue
Richmond SA 5033

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
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Property Details for 1/1a Elms Ave, Richmond

1/1a Elms Ave, Richmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Floor Size
72m2
Local Government
West Torrens
Lot/Plan
U1/S2950

Last Listing description (September 2024)

Situated in a small single level group in this ever popular suburb close to the city and featuring:
- Entry is into the spacious, light and bright open plan living/dining area
- Neat kitchen with gas stove, ample storage with both the underbench and overhead cupboards, separate pantry cupboard, and generous bench space

- Super spacious main bedroom complete with built in robes and bedroom two is also a good size
- The generously sized bathroom consists of the shower, vanity, and wc
- Separate laundry
- Private rear courtyard with grassed area
- Allocated undercover carpark
- Ultra convenient location close to the City, airport, beach, and the local shopping centre is just a few minutes away
- An opportunity to enhance the unit and add instant value
- Currently tenanted until February, 2025 (however the tenant is looking to move out sooner)

An Opportunity Not To Be Missed!!

Outgoings:
Council: TBC
SA Water: $165.55pq
ESL: TBC
Strata: $367pq

NB: Kindly note that select images used within our promotional content have undergone virtual staging processes, showcasing possible arrangements and aesthetics within the property.

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Property History for 1/1a Elms Ave, Richmond, SA 5033

A timeline of how this property has performed in the market
Last Sold
$495,000
10 Sep 2024
  • 04 Oct 2024
    Sold for $495,000

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About Richmond 5033

The size of Richmond is approximately 1.4 square kilometres. It has 1 park covering nearly 1.2% of total area. The population of Richmond in 2011 was 3,071 people. By 2016 the population was 3,324 showing a population growth of 8.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 55.4% of the homes in Richmond were owner-occupied compared with 53.2% in 2016.

Richmond has 1,880 properties. Over the last 5 years, Houses in Richmond have seen a 80.44% increase in median value, while Units have seen a 73.71% increase. As at 31 October 2024:

  • The median value for Houses in Richmond is $932,813 while the median value for Units is $555,508.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 2 properties listed for sale, and 1 property listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Richmond.

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John Cullen
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Raine & Horne Kurralta Park
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