5/58 Esplanade, Semaphore is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 60m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Located metres from the beach, and it is a stroll to Semaphore Road. The Jetty and foreshore are there to be enjoyed all year round. The unit makes a great first home, and it is a real opportunity to get into the property market. Retirees looking for a lifestyle change. With zero upkeep, you will have more time in your life to do the things you have been wanting to do. Investors looking to expand their property portfolio this unit is a low-cost opportunity in a popular location. Or perhaps country folks and interstaters who would love to have a seaside getaway. A holiday atmosphere with the beach and Semaphore Road being nearby. Semaphore Road offers, numerous cafes, restaurants, Hotels, and variety shops.
The unit is ground floor, it has a small front courtyard, the courtyard has room for a BBQ and a outdoor setting.
Inside the unit offers high ceilings throughout, and there is one open plan living and dining room. The flooring in the open plan area + kitchen is a laminate timber finish. The flooring is ideal in this heavy traffic area. A separate kitchen with ample cupboard storage space, plus a gas upright stove for cooking. The unit has one bedroom. A big bedroom that is large enough for a king size bed + a floor to ceiling built in robe. Flooring in the bedroom is wall to wall carpet.
The size of Semaphore is approximately 1.2 square kilometres. It has 4 parks covering nearly 6.6% of total area. The population of Semaphore in 2011 was 2,825 people. By 2016 the population was 2,779 showing a population decline of 1.6% in the area during that time. The predominant age group in Semaphore is 50-59 years. Households in Semaphore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Semaphore work in a professional occupation. In 2011, 65.4% of the homes in Semaphore were owner-occupied compared with 67.3% in 2016.
Semaphore has 1,521 properties. Over the last 5 years, Houses in Semaphore have seen a 64.42% increase in median value, while Units have seen a 88.84% increase. As at 31 July 2024:
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