SOLD
Sold on 12 Jan 2024 for $1,067,500

18 Kitson Avenue
Richmond SA 5033

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 778m2
Sold By
Turner Real Estate
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Property Details for 18 Kitson Ave, Richmond

18 Kitson Ave, Richmond is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 778m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Richmond in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
105m2
Land Size
778m2
Local Government
West Torrens
Lot/Plan
A302/D3378

Last Listing description (January 2024)

Auction Saturday 4th November at 11am - Unless Sold Prior

Ideally positioned in the heart of Richmond, this magnificent corner allotment of 776sqm approximately commands attention and oozes exciting potential.
This three-bedroom Austerity style stone home in fairly original condition. Built circa 1950's, this solid brick home would respond well to a full renovation and or an extension. There is certainly room out the back for large shedding and even a pool (Subject to Planning Consents). It also has valuable side access.

Alternatively, if renovating is not your cup of tea, the other option is to knock down and start again. Currently zoned general neighbourhood we believe there is also a possibility for a subdivision (Subject to Planning Consents).

Other features include:-
- 9-foot ceilings
- Built in robes to all bedrooms
- Large eat in kitchen
- Lock up garage
- Detached out building

Situated in a quiet street and only a short distance to schools, shopping and public transport, this one is definitely worth a look. What a great investment opportunity.

CT / Vol 5712 / Fol 532
Year built / 1950's
Equivalent Building Area / 166sqm
Land Size / 776sqm
Council / City of West Torrens
Council Rates / $1588.10 p.a.
Water & Sewer / $193.93 p.q.
ESL / $167.90 p.a.
Title / Torrens
Zoning / General Neighbourhood
Frontage / 20.73m Depth / 37.69m

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639

Property History for 18 Kitson Ave, Richmond, SA 5033

A timeline of how this property has performed in the market
Last Sold
$1,067,500
12 Jan 2024
  • 12 Jan 2024
    Sold for $1,067,500
  • 09 Oct 2023
    Listed for Sale Auction 4 Nov at 11am

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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 1,889 properties. Over the last 5 years, Houses in Richmond have seen a 72.67% increase in median value, while Units have seen a 75.27% increase. As at 31 August 2024:

  • The median value for Houses in Richmond is $893,302 while the median value for Units is $542,231.
  • Houses have a median rent of $615 while Units have a median rent of $445.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 5033

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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.