SOLD
Sold on 16 Aug 2024 for $1,870,000

24 Phillipps Street
Somerton Park SA 5044

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 131m2
Land area: 604m2
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Property Details for 24 Phillipps St, Somerton Park

24 Phillipps St, Somerton Park is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 604m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Somerton Park in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
131m2
Land Size
604m2
Local Government
Holdfast Bay
Lot/Plan
A132/F11328

Last Listing description (June 2024)

Located on one of the most prestigious streets of Somerton Park, this property presents a rare opportunity to establish yourself on the West of Brighton Road, set just 260m from Somerton beach. With potential for redevelopment or subdivision (STCC), this Torrens Title 603sqm allotment offers an 18.29m frontage. Located in arguably one of Adelaide's most sought after seaside suburbs, this property boasts zoning to the coveted Brighton Secondary School & Paringa Park Primary School. The block can accommodate both single & double storey designs, allowing for endless floor plan options & the perfect chance to demolish & build your dream home! Don't miss the chance to secure this exceptional property & relish the lifestyle of luxurious coastal living.

WHAT WE LOVE:

603sqm block
18.29m frontage
32.99m depth
Torrens Title
Potential for development or building your dream home (STCC)
260m from Somerton Beach
Zoned to Brighton Secondary School & Paringa Park Primary
Walking distance to all convenient amenities & local cafes/shops
A short commute to both Brighton & Jetty Roads shopping precincts
Highly sought after coastal living

Property History for 24 Phillipps St, Somerton Park, SA 5044

A timeline of how this property has performed in the market
Last Sold
$1,870,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $1,870,000
  • 11 Jun 2024
    Listed for Sale Expressions of Interest
  • 19 Dec 2006
    Sold for $490,000
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About Somerton Park 5044

The size of Somerton Park is approximately 2.3 square kilometres. It has 6 parks covering nearly 2.7% of total area. The population of Somerton Park in 2011 was 5,387 people. By 2016 the population was 5,544 showing a population growth of 2.9% in the area during that time. The predominant age group in Somerton Park is 50-59 years. Households in Somerton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerton Park work in a professional occupation. In 2011, 65% of the homes in Somerton Park were owner-occupied compared with 68.3% in 2016.

Somerton Park has 2,995 properties. Over the last 5 years, Houses in Somerton Park have seen a 88.32% increase in median value, while Units have seen a 83.61% increase. As at 31 October 2024:

  • The median value for Houses in Somerton Park is $1,744,668 while the median value for Units is $708,781.
  • Houses have a median rent of $690 while Units have a median rent of $500.
There are currently 17 properties listed for sale, and 4 properties listed for rent in Somerton park on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Somerton park.

Suburb Insights for Somerton Park 5044

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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.