OFF MARKET

42 Stephen Terrace
St Peters SA 5069

Bedrooms: 6
Bathrooms: 3
Car spaces: 1
Land area: 691m2
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Property Details for 42 Stephen Tce, St Peters

42 Stephen Tce, St Peters is a 6 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 691m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1973
Land Size
691m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A822/F21471

Last Listing description (October 2021)

A wonderful opportunity to enjoy and become a part of one of Adelaide's most picturesque and exclusive suburbs, and where you can take comfort that an investment here is your comfort and security for tomorrow.
On a corner block facing Sixth Lane this property has a solid brick 1973 home that is on a block of 680sqm (approx).
For many years it been an investment for the current owners and divided into three x 2 bedroom units that are all under the one title. The units are basic but can easily be renovated if you wish to retain as an investment. They should achieve around $270/280pw in their current condition. This might be improved to around $310/320pw if some simple improvements were made. This may be of interest for longer term investors or those looking to construct the new family home and looking to benefit from an income stream whilst future plans are considered. All of the units are currently vacant.

For further information on this property please contact Michael Severn on 040 304 9893

Specifications

CT Vol 5455 Fol 545
Council - City of Norwood Payneham & St Peters
Zoning - EN. Established Neighbourhood
Built - 1973
Land - 680sqm approx
Council Rates - tba
Encumbrances - None

Disclaimer for Sale: The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice. RLA 281342, 270735

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Property History for 42 Stephen Tce, St Peters, SA 5069

A timeline of how this property has performed in the market
Last Sold
$1,215,000
15 Oct 2021
  • 15 Oct 2021
    Sold for $1,215,000
  • 04 Aug 2021
    Listed for Sale Contact Agent

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About St Peters 5069

The size of St Peters is approximately 1.5 square kilometres. It has 8 parks covering nearly 7.3% of total area. The population of St Peters in 2011 was 3,202 people. By 2016 the population was 3,221 showing a population growth of 0.6% in the area during that time. The predominant age group in St Peters is 50-59 years. Households in St Peters are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Peters work in a professional occupation. In 2011, 70.3% of the homes in St Peters were owner-occupied compared with 71.3% in 2016.

St Peters has 1,274 properties. Over the last 5 years, Houses in St Peters have seen a 71.09% increase in median value, while Units have seen a 56.88% increase. As at 31 October 2024:

  • The median value for Houses in St Peters is $2,093,766 while the median value for Units is $509,504.
  • Houses have a median rent of $825 while Units have a median rent of $400.
There are currently 6 properties listed for sale, and 6 properties listed for rent in St peters on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in St peters.

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