OFF MARKET

4 Colline Street
Surrey Downs SA 5126

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 714m2
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Property Details for 4 Colline St, Surrey Downs

4 Colline St, Surrey Downs is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1962. The property has a land size of 714m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Year Built
1962
Floor Size
91m2
Land Size
714m2
Local Government
Tea Tree Gully
Lot/Plan
A50/D6779

Last Listing description (March 2017)

This modest three bedroom home offers the perfect opportunity to purchase an affordable investment property with scope to redevelop. (SCC)
Situated on a generous block of approximately 710sqm with a versatile frontage of over 18m allowing a multitude of possible subdivision options.
The house itself does require some renovating but certainly within the ability to repair and revive the property for many more years to come.

With this in mind you could also take the avenue to partially renovate and either retain as a long term home or ideally as a short term investment with the vision to develop at a later date.
With the real estate market only growing and becoming more expensive in the future, why not take the initiative to purchase now and retain for a number of years and then subdivide creating 2 separate titles.
The home is located in a beautiful well established area and offers three spacious bedrooms, large lounge, kitchen and dining.
Relatively flat block from front to back with carport and shed.
The North Eastern suburbs are known for the ongoing development and is extremely close to all major facilities including public transport, department stores and local shops.
Please feel free to contact me anytime to discuss things in more detail or for any further information relating to sub-division.

Property History for 4 Colline St, Surrey Downs, SA 5126

A timeline of how this property has performed in the market
Last Sold
$300,000
06 Jan 2017
  • 06 Jan 2017
    Sold for $300,000
  • 16 Nov 2016
    Listed for Sale $295,000 - $315,000

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About Surrey Downs 5126

The size of Surrey Downs is approximately 1.6 square kilometres. It has 10 parks covering nearly 17.6% of total area. The population of Surrey Downs in 2011 was 3,269 people. By 2016 the population was 3,307 showing a population growth of 1.2% in the area during that time. The predominant age group in Surrey Downs is 30-39 years. Households in Surrey Downs are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Surrey Downs work in a clerical occupation. In 2011, 80% of the homes in Surrey Downs were owner-occupied compared with 78.7% in 2016.

Surrey Downs has 1,458 properties. Over the last 5 years, Houses in Surrey Downs have seen a 89.48% increase in median value, while Units have seen a 106.35% increase. As at 30 September 2024:

  • The median value for Houses in Surrey Downs is $714,299 while the median value for Units is $534,984.
  • Houses have a median rent of $550 while Units have a median rent of $275.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Surrey downs on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Surrey downs.

Suburb Insights for Surrey Downs 5126

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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.