127-129 Hancock RoadTea Tree Gully SA 5091
Property Details for 127-129 Hancock Rd, Tea Tree Gully
127-129 Hancock Rd, Tea Tree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 2636m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (March 2024)
Lifestyle - Occupying an elevated position on an expansive 2,678sqm allotment, this generous family home offers versatility and potential. Located within easy reach to local shopping precincts, including Westfield Tea Tree Plaza, schooling, Modbury Hospital and parklands, the convenient setting offers a unique opportunity for the astute buyer. Potential redevelopment opportunities include the entire allotment, subdivision with retained existing dwelling, or subdivision into multiple allotments (all subject to council consents).
Accommodation - Neatly maintained and functional the home presents as versatile family living. With two living areas including elevated formal lounge opening on to the Westerly facing balcony, offering tranquil sunsets. Informal family living adjoins the practical eat in kitchen with ample storage and bench space. With three spacious bedrooms serviced by main full family bathroom and separate laundry and wc to the rear of the home.
Features - This expansive family home offers a unique and rare opportunity both for the existing home and generous grounds. Currently comprised of in-ground pool, established gardens, glass houses, rain water tanks, outdoor toilet, private outdoor entertaining, dual lock-up garage, two cellars, ceiling fans, air conditioning, plentiful storage including built-in robe. The functional home will provide a base rental income whilst a Development Approval is sought.
Property History for 127-129 Hancock Rd, Tea Tree Gully, SA 5091
- 21 Mar 2024Listed for Sale Not Disclosed
- 27 Jul 2022Sold for $1,100,000
- 12 May 2022Listed for Sale Auction
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0About Tea Tree Gully 5091
The size of Tea Tree Gully is approximately 4.3 square kilometres. It has 11 parks covering nearly 39.4% of total area. The population of Tea Tree Gully in 2011 was 3,124 people. By 2016 the population was 3,253 showing a population growth of 4.1% in the area during that time. The predominant age group in Tea Tree Gully is 40-49 years. Households in Tea Tree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tea Tree Gully work in a professional occupation. In 2011, 84.1% of the homes in Tea Tree Gully were owner-occupied compared with 81.9% in 2016.
Tea Tree Gully has 1,697 properties. Over the last 5 years, Houses in Tea Tree Gully have seen a 84.30% increase in median value, while Units have seen a 89.25% increase. As at 31 July 2024:
- The median value for Houses in Tea Tree Gully is $760,346 while the median value for Units is $502,896.
- Houses have a median rent of $590 while Units have a median rent of $293.
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