OFF MARKET

20 Olive Road
Stepney SA 5069

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 20 Olive Rd, Stepney

20 Olive Rd, Stepney is a 2 bedroom, 1 bathroom House.

Building Type
House
Local Government
Norwood Payneham & St Peters

Last Listing description (November 2021)

Located in this character-ladened, near city suburb, Stepney is just one of those inner Adelaide locations that truly has it all!

Bungalow in essence, cute and character-filled, it provides the perfect opportunity to get your foot into this ever-popular city-fringe suburb.

Stylish and sophisticated in every way; authentic in its bones but tweaked superbly for today's modern lifestyle, yet keeping with all the delightful appeal of yesteryear.

Behind the classic bungalow facade and shady front verandah you will find a picturesque central hallway that leads to two large bedrooms, gorgeous lounge with built-in fireplace, which opens to the kitchen and dining space. Upon entering, you are immediately greeted with a feeling of comfort and warmth with soaring high ceilings, fresh paint throughout and polished timber floors to lead you through. At the rear of the home is a family bathroom with separate laundry facilities and access to the beautiful rear garden.

Compact yet surprisingly spacious, this north facing home provides everything you could ask for in a superb entry level property into the city-fringe lifestyle Stepney wonderfully provides.

Peacefully set on a leafy street, with wonderful kerbside appeal and just moments to the vibrant Avenues Shopping centre, with Norwood Parade close, but not too close, this home presents a fantastic city fringe lifestyle or investment opportunity.

Just a leisurely stroll to the popular cinemas, cafes & restaurants of The Parade you'll find plenty of public transport available nearby to the Adelaide CBD with-in an easy 3kms away.

It's the perfect, low maintenance central hub with everything you could want or need not far from your doorstep!

Features we love:
- Private off-street parking, behind secure gate
- Character laden, Bungalow style
- North facing
- Impressive hallway entrance
- High ceilings
- Polished timber floors throughout
- Two large bedrooms (both with built-in wardrobes)
- Separate lounge with built-in cabinetry and fireplace
- Open plan kitchen/meals area, with updated kitchen and appliances
- Modern kitchen with gas cooktop, dishwasher and skylight
- Updated bathroom with separate shower and tub
- Ducted reverse cycle air conditioning throughout
- Euro-style laundry
- Easily maintained, rear courtyard with established garden beds & cubby house
- Additional storage room under front verandah
- Cellar with access via kitchen area
- Superb location, 1km to The Parade Norwood and approx. 3kms to the Adelaide CBD
- A host of great schooling options, local shops at either ends of Ann Street and both Richards Park Norwood and Linde Reserve Stepney a short stroll away

Specifications:
CT / 5278/609
Council / City of Norwood Payneham and St. Peters
Zoning / Established Neighbourhood
Built / 1920
Council Rates / $1,072pa
SA Water / $68.60pq
ES Levy / $132.60pa
Nearby Schools / East Adelaide School, Open Access College, Open Access College Marden Campus, Adelaide Botanic H.S, Adelaide H.S, Marden Senior College

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Property History for 20 Olive Rd, Stepney, SA 5069

A timeline of how this property has performed in the market
  • 20 Oct 2021
    Listed for Sale $625k

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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 778 properties. Over the last 5 years, Houses in Stepney have seen a 73.33% increase in median value, while Units have seen a 106.98% increase. As at 31 October 2024:

  • The median value for Houses in Stepney is $1,407,834 while the median value for Units is $731,251.
  • Houses have a median rent of $740 while Units have a median rent of $550.
There are currently 2 properties listed for sale, and 6 properties listed for rent in Stepney on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Stepney.

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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.