OFF MARKET

22 Malcolm Street
Salisbury SA 5108

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 154m2
Land area: 697m2
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Property Details for 22 Malcolm St, Salisbury

22 Malcolm St, Salisbury is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 697m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
House
Year Built
2020
Floor Size
154m2
Land Size
697m2
Local Government
Salisbury
Lot/Plan
A113/D6430

Last Listing description (March 2016)

Invest your time, effort and imagination and be substantially rewarded. Make no mistake; this home needs lots of work both inside and out. The proposition and opportunity is simple: Buy in to the market at a low price and build equity (wealth) through applying elbow grease and refurbishing this well located three bedroom, solid brick 1960s home.

Although missing an internal door or two, the basic services are there and it can still be lived in (just), but once in your capable hands, it is certain become a beautiful home with high appeal and which will either serve well as your dream home, a fine investment and or a great stepping stone to building your wealth in property. You could buy the better-presented one down the road but why pay so much more for dated decoration ideas in a home 'dressed for sale' when at so much less you could apply your taste to this less than perfect property with great bones and patchy paintwork.
Our owners absolutely must sell as a matter of urgency - accordingly they are determined to meet the market so if you have the skills or are willing to learn on the job and or can organise a working bee or two, you must investigate this opportunity and consider how well you can benefit from securing this shell of a home for a price little more than land value. Call or email today and register your interest in being kept in the loop on this property.

Property History for 22 Malcolm St, Salisbury, SA 5108

A timeline of how this property has performed in the market
Last Sold
$208,500
12 Feb 2016
  • 12 Feb 2016
    Sold for $208,500
  • 09 Oct 2015
    Listed for Sale Auction 30 Jan 2016
  • 18 Oct 2006
    Sold for $172,500
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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, 218 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.