16 Heatherbank Tce, Stonyfell is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 581m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in January 2012.
Sotheby's recently leased this property before our first public open. Due to a competitive application process we have quality tenants looking for other rentals.
Tight rental markets in most capital cities, due to recent stamp duty legislation which de-incentivises developers to add supply, has put significant pressure on rents. Adelaide is no exception to this trend. Moreover, governmental policies are shifting populations, and therefore capital, away from the continent's two main economic centres which will further positively affect rental prices.
Should you wish to discuss maximising the value of your investment please feel free to contact Sotheby's International Realty's Leasing Department.
The size of Stonyfell is approximately 1.3 square kilometres. It has 6 parks covering nearly 8% of total area. The population of Stonyfell in 2011 was 1,205 people. By 2016 the population was 1,223 showing a population growth of 1.5% in the area during that time. The predominant age group in Stonyfell is 10-19 years. Households in Stonyfell are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Stonyfell work in a professional occupation. In 2011, 88.1% of the homes in Stonyfell were owner-occupied compared with 92.3% in 2016.
Stonyfell has 519 properties. Over the last 5 years, Houses in Stonyfell have seen a 71.89% increase in median value, while Units have seen a 51.09% increase. As at 31 October 2024:
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