SOLD
Sold on 05 Apr 2024 for $270,000

1/24 Ponton Street
Salisbury SA 5108

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 56m2
Sold By
D B Philpott Real Estate
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Property Details for 1/24 Ponton St, Salisbury

1/24 Ponton St, Salisbury is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 56m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Salisbury in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
65m2
Land Size
56m2
Local Government
Salisbury
Lot/Plan
U1/S1577

Last Listing description (March 2024)

Looking for an affordable investment property to start or add to your portfolio? Look no further! The current tenant has been in place since 2020 and has a lease through to February 2025 paying $300 per week. There is no need for any downtime or letting fees, start earning an income from day one.

On offer

- Two bedrooms master with BIR and large window

- Open plan living area with ceiling fan
- Adjacent kitchen with gas cooking
- Centrally located bathroom with laundry provisions
- Brand new split system heating and cooling (installed Dec 2023)
- Single carpark

Public transport is available on your doorstep which allows for a quick commute to the Salisbury Interchange located a short distance away. The TAFE SA campus is a short 1km walk and the Parabanks Shopping Centre, Hoyts Cinema, restaurants and cafes are also located nearby.

Located within a large group with multiple buildings, this unit is perfectly positioned at the back in a single storey building with only one joining neighbour. Simple as it is, this unit provides a hassle-free opportunity for now, but a relatively small renovation provides room for capital growth.

Specifications:

CT // 5051/984
Zoning // General Neighbourhood (GN)
Built // 1974
Council // City of Salisbury
Council Rates // $1,169.05 per annum
SA Water // $153.70 per quarter + 2.9% share of usage
ESL // $76.90 per annum
Body Corporate Manager // Strata Data
Body Corp Fees // $374.97 per quarter
Tenancy // Leased to February 2025 @ $300pw

DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion.

If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority.

Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.

RLA 46442

Property History for 1/24 Ponton St, Salisbury, SA 5108

A timeline of how this property has performed in the market
Last Sold
$270,000
05 Apr 2024
Listed for Rent
$195/w
17 Apr 2020
  • 05 Apr 2024
    Sold for $270,000
  • 11 Feb 2024
    Listed for Sale $225,000 - $245,000
  • 03 Apr 2020
    Listed for Rent $195 / week
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About Salisbury 5108

The size of Salisbury is approximately 4.6 square kilometres. It has 22 parks covering nearly 15.6% of total area. The population of Salisbury in 2011 was 7,549 people. By 2016 the population was 8,205 showing a population growth of 8.7% in the area during that time. The predominant age group in Salisbury is 20-29 years. Households in Salisbury are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury work in a labourer occupation. In 2011, 53.7% of the homes in Salisbury were owner-occupied compared with 52.3% in 2016.

Salisbury has 4,288 properties. Over the last 5 years, Houses in Salisbury have seen a 119.93% increase in median value, while Units have seen a 126.33% increase. As at 31 October 2024:

  • The median value for Houses in Salisbury is $638,693 while the median value for Units is $415,175.
  • Houses have a median rent of $500 while Units have a median rent of $395.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Salisbury on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Salisbury.

Suburb Insights for Salisbury 5108

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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.