197 Hancock RoadTea Tree Gully SA 5091
Property Details for 197 Hancock Rd, Tea Tree Gully
197 Hancock Rd, Tea Tree Gully is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1963. The property has a land size of 724m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (February 2021)
Perfect to rent out and redevelop at a future date. A chance to purchase valuable flat land with an extra wide frontage in this popular location within easy walking distance to St Agnes Shopping Centre, major bus routes and Banksia Park International School. The 1960's house has currently been rented by the current tenant for over 10 years and would love to stay on. Currently paying $275 per week an investors dream.
The home is currently in reasonable condition for its age with 2 bedrooms (main with built-ins) plus massive entrance hall leading into a lounge with gas heating. There is ducted evaporative air conditioning plus spacious kitchen with adjoining dining room. At the rear is a full-length rear verandah with pull down blinds - perfect for BBQ's.
A special feature of the home is the excellent parking and garaging. An enclosed carport with roller door leads into another parking area with a side carport for that 3rd vehicle. Also, we have a workshop and tool sheds for ample storage .
Property History for 197 Hancock Rd, Tea Tree Gully, SA 5091
- 18 Dec 2020Sold for $360,000
- 26 Oct 2020Listed for Sale UNDER CONTRACT/OFFER
- 28 Nov 2006Sold for $220,000
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About 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 1,703 properties. Over the last 5 years, Houses in Tea Tree Gully have seen a 92.28% increase in median value, while Units have seen a 101.79% increase. As at 30 November 2024:
- The median value for Houses in Tea Tree Gully is $809,573 while the median value for Units is $534,112.
- Houses have a median rent of $563 while Units have a median rent of $293.
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