OFF MARKET

55 Lane Street
Richmond SA 5033

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 290m2
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Last updated 18 Nov 2024
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Property Details for 55 Lane St, Richmond

55 Lane St, Richmond is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 290m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1950
Floor Size
122m2
Land Size
290m2
Local Government
West Torrens
Lot/Plan
F701/C25720

Last Listing description (November 2021)

Fantastic buying and investment opportunity!! This 3 bedroom solid brick residence offers great value and location...

Features Boast;

* 3 large bedrooms with built-in robes to main bedroom and 2nd bedroom
* Separate formal lounge with wall mounted air conditioning, feature brick fire place
* Original and functional kitchen with plenty of cupboards and dining area
* Security roller shutters to most windows
* Rear verandah and own separate garage
* Modern and new iron roof
* Community title on an approximately 288m2 allotment
* Perfect for the home starters and ideal investment

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Property History for 55 Lane St, Richmond, SA 5033

A timeline of how this property has performed in the market
Last Sold
$493,000
10 Dec 2021
Listed for Rent
$280/w
23 Jul 2018
  • 10 Dec 2021
    Sold for $493,000
  • 27 Sep 2021
    Listed for Sale $475,000 - $520,000
  • 22 Jul 2021
    Transferred
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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, 80 properties were sold in the past 12 months in Richmond.

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