OFF MARKET

4 Chapman Road
Smithfield Plains SA 5114

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 159m2
Land area: 473m2
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Last updated 14 Oct 2024
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Property Details for 4 Chapman Rd, Smithfield Plains

4 Chapman Rd, Smithfield Plains is a 3 bedroom, 1 bathroom House and was built in 1968. The property has a land size of 473m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
House
Year Built
1968
Floor Size
159m2
Land Size
473m2
Local Government
Playford
Lot/Plan
A488/D9051

Last Listing description (May 2017)

Large 900sqm (approx) land holding, with a current $18,200 p/a return. Secure a dual income property with the scope to redevelop at a later date (STCC).
Located on one single title with a 25.2 metre frontage, totalling 900sqm (approx.), these attached maisonettes are surrounded with quality newer buildings with development still occurring.
The homes are currently rented to stable tenants and offer the buyer a generous rate of return with a combined income of $350 p/w or $18,200 p/a. Both homes offer 3 bedrooms, one bathroom, living area, kitchen/meals area, carport and are worthy of your consideration. But of course the temptation is the land. Most of the neighbouring properties are well under development leaving the purchaser in the enviable position of finalising the footprint of the street.

Located close to schools shops and transport this property ticks all the boxes for further development (STCC) or simply enjoy the return while you plan your future.
In brief:
- Two attached maisonettes on one title
- Both homes 3 bedrooms, 1 bath, kitchen/meals, carport
- 900sqm allotment (approx)
- 25.2m frontage (approx)
- Two current rental incomes from stable tenants
- Fantastic opportunity to develop (STCC)
- Surrounded by new homes
- Close to schools, shops and transport
- Buy now and hold with rental income

RLA 2140

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Property History for 4 Chapman Rd, Smithfield Plains, SA 5114

A timeline of how this property has performed in the market
Last Sold
$230,000
27 Apr 2017
  • 27 Apr 2017
    Sold for $230,000
  • 15 Dec 2016
    Listed for Sale $250,000 to $275,000
  • 17 Sep 2013
    Listed for Sale $495,000 - $510,000
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About Smithfield Plains 5114

The size of Smithfield Plains is approximately 1.5 square kilometres. It has 11 parks covering nearly 20.2% of total area. The population of Smithfield Plains in 2011 was 2,277 people. By 2016 the population was 2,849 showing a population growth of 25.1% in the area during that time. The predominant age group in Smithfield Plains is 0-9 years. Households in Smithfield Plains are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smithfield Plains work in a labourer occupation. In 2011, 43.4% of the homes in Smithfield Plains were owner-occupied compared with 43.1% in 2016.

Smithfield Plains has 1,607 properties. Over the last 5 years, Houses in Smithfield Plains have seen a 151.14% increase in median value, while Units have seen a 124.38% increase. As at 30 September 2024:

  • The median value for Houses in Smithfield Plains is $518,823 while the median value for Units is $435,818.
  • Houses have a median rent of $470 while Units have a median rent of $255.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Smithfield plains on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Smithfield plains.

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