SOLD
Sold on 24 May 2024 for $740,000

18 Lane Street
Richmond SA 5033

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 277m2
Sold By
Raine & Horne Kurralta Park RLA 176301
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Property Details for 18 Lane St, Richmond

18 Lane St, Richmond is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1926. The property has a land size of 277m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Year Built
1926
Floor Size
103m2
Land Size
277m2
Local Government
West Torrens
Lot/Plan
F101/C27638

Last Listing description (May 2024)

Situated in this highly desirable and conveniently located suburb, this stunning character maisonette has many appealing features throughout including:
• Entrance hallway with polished timber floorboards and lofty ceilings
• North facing generous sized lounge room allowing ample natural light to flow through highlighting the polished timber flooring

• Two double bedrooms, each having storage wardrobes
• Updated gourmet kitchen with island bench including integrated storage, double sink, ceramic cooktop, dishwasher, plus underbench and overhead storage cupboards
• Combined meals area
• Updated fully tiled bathroom complete with separate relaxing bath, plus vanity
• Separate laundry
• Ducted reverse cycle air conditioning
• Paved outdoor entertaining area plus grassed rear yard
• Ample off street parking
• Community Titled only with next door where they just share the insurance which is approx. $750pa each.
• Perfectly located between the City, beach, airport, and just a couple of minutes from the Hilton Shopping precinct and more!!

Outgoings are:
Council: $1,069pa
SA Water: $132pq
ESL: $132pa
Community Insurance: $750pa

Property History for 18 Lane St, Richmond, SA 5033

A timeline of how this property has performed in the market
Last Sold
$740,000
24 May 2024
Listed for Rent
$400/w
06 Apr 2021
  • 24 May 2024
    Sold for $740,000
  • 11 Apr 2024
    Listed for Sale Auction Wed 24th April at 12:30pm
  • 27 Apr 2023
    Listed for Sale $645,000 - $665,000
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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 1,882 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 4 properties listed for sale, and 2 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 82 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.