OFF MARKET

5/49 Ballantyne Street
Thebarton SA 5031

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 16m2
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Last updated 30 Sep 2024
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Property Details for 5/49 Ballantyne St, Thebarton

5/49 Ballantyne St, Thebarton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 16m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1970
Floor Size
70m2
Land Size
16m2
Local Government
West Torrens
Lot/Plan
U5/S13979

Last Listing description (January 2024)

Are you seeking an enviable lifestyle close to the city and near all the things you know and love yet are on a budget?

Perhaps you are an investor wanting to secure a property in an ever popular location, low vacancy rates and high returns?

Whether you are looking for a stepping stone to set you up for the future or an addition to your portfolio this property is ready and waiting for you.

Importantly, this unit is ready to move into and enjoy from day one with much of the hard work already done yet with potential to still add value in the years to come.

Set on the second storey of a traditional 1970's build cream brick group of 8 units this unit enjoys elevation and a sense of space thanks to the abundance of natural light that floods through the home.

Generously proportioned there is room to move and size to surprise with 2 large bedrooms and a lovely open living area adjacent the kitchen and dining space to relax and enjoy at the end of a busy day.

Secure parking is afforded via the rear of the group with a semi enclosed carport with remote actuated roller door offering peace of mind.

Low strata fees help keep your expenses under control and with no yard space to maintain you have more time to do the things you love on the weekend.

Regardless of the time of year you will be nicely ensconced in the comfort of excellent heating and cooling controlling your climate all year round.

Original elements meld with the contemporary theme to create a comfortable home with a lovely ambience you will be proud to call your own.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

**PRICING**
For the most part of the last 25 years I have been releasing properties to the market without a price. I do so just for the first open inspection and then we set a price with the Vendor/s in consideration of the feedback derived from the first open. I understand that may frustrate some buyers but the frustration will be rewarded with a price range set that is an accurate reflection of market value balanced by the Vendor/s expectation. It is also frustrating for a vendor to be on the market for weeks longer than necessary because they have over priced their property. Or if they choose to price the home in excess of feedback levels they can do so knowingly and factor that into their timeframe. I will release a price by way of SMS to all buyers who attend the first open and upload a price as soon as practicably thereafter. Thank you and should you have any further questions about my rationale in marketing properties successful in this manner for over 1300 sales please feel free to call me directly anytime.

CT: 5375/110
House Size: 70m (approx.)
Year Built: 1970
Strata Fees: $436.67 p/q
Zone: Established Neighbourhood
Council: West Torrens

RLA 232366

Property History for 5/49 Ballantyne St, Thebarton, SA 5031

A timeline of how this property has performed in the market
Last Sold
$340,000
14 Apr 2023
Listed for Rent
$285/w
30 Nov 2021
  • 14 Apr 2023
    Sold for $340,000
  • 24 Feb 2023
    Listed for Sale $319,000-$349,000
  • 04 Nov 2021
    Listed for Rent $285 / week
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About Thebarton 5031

The size of Thebarton is approximately 1.2 square kilometres. It has 6 parks covering nearly 1.9% of total area. The population of Thebarton in 2011 was 1,322 people. By 2016 the population was 1,427 showing a population growth of 7.9% in the area during that time. The predominant age group in Thebarton is 20-29 years. Households in Thebarton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thebarton work in a professional occupation. In 2011, 50.4% of the homes in Thebarton were owner-occupied compared with 48.9% in 2016.

Thebarton has 1,102 properties. Over the last 5 years, Houses in Thebarton have seen a 68.33% increase in median value, while Units have seen a 64.31% increase. As at 31 August 2024:

  • The median value for Houses in Thebarton is $1,010,469 while the median value for Units is $612,814.
  • Houses have a median rent of $613 while Units have a median rent of $468.
There are currently 1 property listed for sale, and 1 property listed for rent in Thebarton on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Thebarton.

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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.