OFF MARKET

197 Railway Terrace
Tailem Bend SA 5260

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 110m2
Land area: 887m2
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Last updated 14 Oct 2024
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Property Details for 197 Railway Tce, Tailem Bend

197 Railway Tce, Tailem Bend is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1925. The property has a land size of 887m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1925
Floor Size
110m2
Land Size
887m2
Local Government
Coorong
Lot/Plan
A168/T750702

Last Listing description (March 2023)

Walk in to this three bedroom, one bathroom home and you will see that it has the potential to capture your heart as your own or head as an investment.
Bedrooms two and three have built in robes. Bedroom one contains an air conditioner and there are ceiling fans throughout. A slow combustion heater provides warmth throughout winter, so the home will provide optimal comfort all year round.
The eat-in kitchen has good bench space and storage and also boasts a built in pantry.

Step out side into a nice entertaining space overlooking the back yard containing an aviary, garden sheds, an approx. 5.9m x 7.7m shed/workshop and room for a vegetable patch. There is a rain water tank and solar to help keep costs down.
Currently tenanted until August 2022 and returning $260.00 per week to very houseproud tenants that have kept the property well maintained.

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Property History for 197 Railway Tce, Tailem Bend, SA 5260

A timeline of how this property has performed in the market
Last Sold
$289,000
05 Sep 2022
  • 05 Sep 2022
    Sold for $289,000
  • 27 Jun 2022
    Listed for Sale $280,000
  • 14 Jul 2016
    Listed for Rent $240 / week
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About Tailem Bend 5260

The size of Tailem Bend is approximately 241.3 square kilometres. It has 11 parks covering nearly 1.6% of total area. The population of Tailem Bend in 2011 was 1,803 people. By 2016 the population was 1,633 showing a population decline of 9.4% in the area during that time. The predominant age group in Tailem Bend is 50-59 years. Households in Tailem Bend are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tailem Bend work in a labourer occupation. In 2011, 76.9% of the homes in Tailem Bend were owner-occupied compared with 73.2% in 2016.

Tailem Bend has 1,274 properties. Over the last 5 years, Houses in Tailem Bend have seen a 93.43% increase in median value, while Units have seen a 100.65% increase. As at 30 September 2024:

  • The median value for Houses in Tailem Bend is $341,370 while the median value for Units is $449,318.
  • Houses have a median rent of $360.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Tailem bend on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Tailem bend.

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