OFF MARKET

4B Tower Drive
Salisbury East SA 5109

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 151m2
Land area: 350m2
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Last updated 10 Feb 2025
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Property Details for 4b Tower Dr, Salisbury East

4b Tower Dr, Salisbury East is a 0 bedroom, 0 bathroom House and was built in 2021. The property has a land size of 350m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
2021
Floor Size
151m2
Land Size
350m2
Local Government
Salisbury
Lot/Plan
A902/D112452

Last Listing description (October 2023)

Tower Drive is one of the lovelier streets in Salisbury East, the premier suburb in Salisbury. Here is a sweet opportunity to snaffle a prime piece of land and build your own little slice of heaven in one of the more upmarket corners of Adelaide's north.

Other houses in the street are well-maintained, and clearly owned and occupied by houseproud residents. It is popular with families and there is a good feel to the neighbourhood.

The site has already had a 3 bedroom, 2 living areas and 2 bathroom building plan approved,

there is scope to build innovatively and live well on this 352 m2 allotment.

Tower Drive is conveniently located within walking distance to Bridge Road, and close to public transport, yet not near enough to be disturbed by it. Davey Oval soccer grounds with a playground is a few hundred metres away and several shops are close too.

Schools within walking distance include Tyndale Christian School (R-12), Madison Park Kindergarten & Primary School and Salisbury East High School. Prestigious The Heights School (one of only three DECD Ignite focus schools for Gifted and Talented students) is a 10 minute drive away too.

Salisbury East is less than 30 mins from Adelaide CBD and has an abundance of shopping centres, quality schools and recreation choices on its doorstep.

The land represents a great opportunity to live in a well-connected suburb affordably, in a brand new home. The property is suited to all buyer types, whether you are an investor, downsizer or a first home buyer. The block is of a regular size & shape, which allows builders to set their plans with no additional costs of having to customise plans.
First home buyers looking to enter the market and build their first home can save on government stamp duty and benefit from the government's FHOG offering possible grants of up to $15,000.*

Features in Brief
- Water and electricity available
- Torrens Titled
- Already has some new fencing
- Close to reserve, shopping centres & local schools
- Walking distance to public transport
- Ideal for investors, downsizers and first home buyers

*The First Home Owner Grant (FHOG) is paid by the State Government to eligible first home owners. The payment is made only after an application has been submitted to and approved by RevenueSA or a financial institution authorised by RevenueSA to process applications.

FHOG applies to the purchase or construction of a new residential property that meets local planning standards anywhere in South Australia. FHOG ceased for established homes from 1 July 2014.
The amount payable is $15000. Go here for more details:
https://www.revenuesa.sa.gov.au/grants-and-concessions/first-home-owners

Property History for 4b Tower Dr, Salisbury East, SA 5109

A timeline of how this property has performed in the market
Last Sold
$164,000
15 Jul 2020
  • 06 Oct 2023
    Listed for Sale Not Disclosed
  • 15 Jul 2020
    Sold for $164,000

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About Salisbury East 5109

The size of Salisbury East is approximately 6.9 square kilometres. It has 24 parks covering nearly 47.3% of total area. The population of Salisbury East in 2011 was 8,848 people. By 2016 the population was 8,959 showing a population growth of 1.3% in the area during that time. The predominant age group in Salisbury East is 30-39 years. Households in Salisbury East are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Salisbury East work in a trades occupation. In 2011, 70.8% of the homes in Salisbury East were owner-occupied compared with 70.9% in 2016.

Salisbury East has 4,094 properties. Over the last 5 years, Houses in Salisbury East have seen a 114.03% increase in median value, while Units have seen a 115.25% increase. As at 31 January 2025:

  • The median value for Houses in Salisbury East is $674,634 while the median value for Units is $453,818.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Salisbury east on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Salisbury east.

Suburb Insights for Salisbury East 5109

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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.