SOLD
Sold on 12 Dec 2023 for $955,000

5 Lane Street
Richmond SA 5033

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 122m2
Land area: 766m2
Save

Property Details for 5 Lane St, Richmond

5 Lane St, Richmond is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1926. The property has a land size of 766m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Richmond in the last 12 months.

Building Type
House
Year Built
1926
Floor Size
122m2
Land Size
766m2
Local Government
West Torrens
Lot/Plan
A91/F145019

Last Listing description (December 2023)

Accommodation
This very charming, sand stone fronted Bungalow sits on a large allotment of some (766sqm app) and is configured with 2-3 bedrooms (the lounge room could be utilised as a 3rd bedroom) and a dining and family area. The property sits in the General Neighborhood zone and presents with plenty of renovation and development potential subject to council consent (STCC). It is most certainly a renovators delight or blank canvas ready to be redeveloped subject to council consent (STCC).

Key Features:

-Lofty Ceilings
-Large solid bedrooms
-Solar panels
-Gas heater in lounge room
-x2 sheds
-Sits in General Neighborhood zone
-15.24m frontage
-Ripe for renovation or development STCC
-RC AC (not currently in working condition)
-5 Gas burner cook top
-Ideally looking for settlement before the 31st Dec.

Lifestyle
Richmond is a suburb only 10min from the CBD, 3km from Victoria Square, 3 kms from West Beach and 1.5 km from the Airport. You have public transport options on Richmond Road and South Road with a plethora of shopping options in Kurralta Park, Mile End, Cowandilla, Torrensville and the City. Nearby schools include Richmond, Torrensville, Cowandilla and Plympton Primary School and Mitcham Girls Highschool. You are zoned for Plympton International College.

The Vendor's Statement (Form 1) will be available for perusal by members of the public at the office of the agent at Raine & Horne Unley, 4/215-217 Unley Road, Malvern for at least 3 consecutive business days immediately preceding the auction and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction.

*Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Property History for 5 Lane St, Richmond, SA 5033

A timeline of how this property has performed in the market
Last Sold
$955,000
12 Dec 2023
  • 12 Dec 2023
    Sold for $955,000
  • 23 Oct 2023
    Listed for Sale Auction - Sat 11th Nov @ 11am
  • 28 Sep 2023
    Transferred

Commute Calculator

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 1,881 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, 78 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 5033

Market Insights
Richmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Richmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
Show contact details
Raine & Horne Unley
Preferred contact:
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.