OFF MARKET

16 Olive Road
Stepney SA 5069

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 319m2
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Property Details for 16 Olive Rd, Stepney

16 Olive Rd, Stepney is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 319m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1920
Floor Size
105m2
Land Size
319m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A4/F35339

Last Listing description (August 2014)

Pizza anyone? Stay at home and have a pizza fest with your own built in pizza oven in your own gorgeous night lit alfresco entertaining area.

Set in a fabulous city fringe location where you can walk to The Avenues and Norwood Parade is this beautiful character Bungalow. Framed by picket fence and landscaped garden this 2 bedroom home is certainly one for affordable elegance.

What we love about this property:

- Wide entrance hall with polished floor boards
- Generous separate lounge with rustic mantel & walkway to kitchen
- Upgraded kitchen with dishwasher, under bench microwave & pantry set adjacent to meals area
- Impressive alfresco entertaining area with built in pizza oven, seating/lounging deck, lawn & architectural plants in the garden bed making for a perfect place to groove at night or have relaxed Sunday lunches
- 2 split system air conditioners for economic heating & cooling and timber venetians
- 2 large bedrooms
- Located in Zone 2 for public transport means you can save you a vast amount per year
- Prime city fringe makes this an outstanding residential opportunity.

Property details
CT 5207/443
Council: Norwood, Payneham & St Peters
Zoning: Residential 2A
Land size: 319 sqm approx
Property built: 1920
SA Water: $223.22 pq
ESL: $279.05 pa
Council Rates: $1305.69 pa

The Vendor Statement (Form 1) will be available for perusal by members of the public at the office of the agent for at least 3 consecutive business days immediately preceding the auction and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

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Property History for 16 Olive Rd, Stepney, SA 5069

A timeline of how this property has performed in the market
Last Sold
$950,000
15 Jul 2022
Listed for Rent
$295/w
04 Dec 2007
  • 15 Jul 2022
    Sold for $950,000
  • 29 Sep 2014
    Listed for Sale SOLD - $553,000
  • 23 Sep 2014
    Sold for $553,000
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About Stepney 5069

The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2011 was 855 people. By 2016 the population was 859 showing a population growth of 0.5% in the area during that time. The predominant age group in Stepney is 20-29 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation. In 2011, 64.3% of the homes in Stepney were owner-occupied compared with 59.5% in 2016.

Stepney has 784 properties. Over the last 5 years, Houses in Stepney have seen a 71.02% increase in median value, while Units have seen a 88.38% increase. As at 31 August 2024:

  • The median value for Houses in Stepney is $1,404,922 while the median value for Units is $716,896.
  • Houses have a median rent of $680 while Units have a median rent of $473.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Stepney on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Stepney.

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