OFF MARKET

4/8 Olive Road
Stepney SA 5069

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 71m2
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Property Details for 4/8 Olive Rd, Stepney

4/8 Olive Rd, Stepney is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 71m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1972
Floor Size
74m2
Land Size
71m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U4/S661

Last Listing description (May 2022)

Best offers by 5pm Tuesday 7 June (unless sold prior)

Number four is nestled quietly in the rear of this small group of just five units. Move-in ready with two bedrooms, this home ensures you - or your tenants - will love every moment of Eastern Suburbs living, just 10 minutes from the CBD.

Freshly updated, this light and bright home is all about low maintenance living thanks to its neat-as-a-pin interior and low-care paved courtyard.

The large open plan living area stretches from the front door to the rear kitchen which features gas cooktop, dishwasher, ample storage and plenty of bench space.

The spacious main bedroom has a built-in robe while the second bedroom is of a good size and will make a great spare bedroom, child's bedroom or study. Enjoy the perks of a separate laundry, linen press and a bathroom that is bright and fresh.

With a designated undercover carport and bus stop just 300 metres down the road, the choice is yours with everything you could possibly need so close by.

More to love:

Ready to reside in or rent out
Split system reverse cycle air-conditioning
Private outdoor area to make your own
Neutral colour scheme
Polished floorboards throughout
Rear of the group
Zoned for East Adelaide School, Adelaide Botanic High School and Adelaide High School
Walking distance to Linde Reserve and Maylands Hotel
Moments from Avenues Shopping Centre
And more

Specifications:
CT / 5048/294
Council / City of Norwood Payneham & St Peters
Zoning / EN
Built / 1972
Council Rates / $1,098pa
Strata Rates / $400pq
Strata Manager / Pina Ascencio
Emergency Services Levy / $109pa
SA Water / $142pq
Estimated rental assessment: $350 - $375 per week (written assessment can be provided upon request)
Nearby Schools / East Adelaide School, Adelaide Botanic H.S, Adelaide H.S

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 enquiries and obtain their own legal and financial 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 4/8 Olive Rd, Stepney, SA 5069

A timeline of how this property has performed in the market
Last Sold
$420,000
30 Jun 2022
Listed for Rent
$335/w
29 Mar 2022
  • 30 Jun 2022
    Sold for $420,000
  • 11 May 2022
    Listed for Sale $421k
  • 29 Mar 2022
    Listed for Rent $335 / week
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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.