507 Cross Rd, South Plympton is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 872m2 and floor size of 249m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Situated on a valuable incredible wide block (approx 27m frontage) allotment of approx 872m² this home offers many possibilities limited only by your imagination, zoned General Neighbourhood, there is scope here to multiple subdivision (subject to all necessary consents).
Currently with a reasonable house condition tenanted and achieving a return of $800 plus per week this would be ideal for the astute investor but its flexible layout also makes it perfect for the extended family, with two kitchens and three bathrooms giving options for the family who choose to live together but want their own space. Its main road location may also make this work for those looking for a mix of residential/commercial, such as a Child Care centre, office, GP clinic, etc. subject to all necessary consents
The size of South Plympton is approximately 1.6 square kilometres. It has 4 parks covering nearly 4.4% of total area. The population of South Plympton in 2011 was 3,984 people. By 2016 the population was 4,161 showing a population growth of 4.4% in the area during that time. The predominant age group in South Plympton is 30-39 years. Households in South Plympton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Plympton work in a professional occupation. In 2011, 62.5% of the homes in South Plympton were owner-occupied compared with 65.3% in 2016.
South Plympton has 2,329 properties. Over the last 5 years, Houses in South Plympton have seen a 85.09% increase in median value, while Units have seen a 68.96% increase. As at 31 October 2024:
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