OFF MARKET

70 Lane Street
Richmond SA 5033

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 122m2
Land area: 778m2
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Last updated 11 Nov 2024
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Property Details for 70 Lane St, Richmond

70 Lane St, Richmond is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 778m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1950
Floor Size
122m2
Land Size
778m2
Local Government
West Torrens
Lot/Plan
A55/F144883

Last Listing description (April 2021)

This unique property (Circa 1939) is in original condition and would respond well to renovation and further improvements.
This home currently features 3 bedrooms, detached studio, large separate lounge, split system air-conditioning, large kitchen and meals area with original cabinets, central bathroom plus a 2nd shower in the laundry.
Outside, the property has a generous carport with room for 2 cars, 2 gigantic old sheds with workshops plus ancillary smaller sheds and a chicken hutch.

The property is sited on a large allotment of approx. 812m2 with a 15.2m frontage and provides plenty of room to do a new addition and still have a huge rear yard.
Close to schools, transport, local facilities and is convenient to the City.
Bring your ideas and be quick, this is a rare opportunity in a popular fringe city location.

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Property History for 70 Lane St, Richmond, SA 5033

A timeline of how this property has performed in the market
Last Sold
$616,000
26 Feb 2021
  • 26 Feb 2021
    Sold for $616,000
  • 13 Jan 2021
    Listed for Sale $560,000 - $595,000
  • 22 Dec 2008
    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 1,880 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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