7-9 Palmyra AvenueTorrensville SA 5031
Property Details for 7-9 Palmyra Ave, Torrensville
7-9 Palmyra Ave, Torrensville is a 5 bedroom, 2 bathroom Townhouse and was built in 1915. The property has a land size of 2567m2. While the property is not currently for sale or for rent, it was last transferred in January 2016.
Last Listing description (March 2013)
Residential Development Site
This is a key infill residential subdivision site providing 2,615m? (approx) of land with a gracious return verandah villa. The property is in a prime location approximately 4km west of the Adelaide GPO and only 6km from the beach.
* 2,615m? (approx) of prime inner suburban residential development land
* Potential to subdivide into a number of lots with min site per detached dwelling of 340m? (STNC)
* Popular location with shops, schools and public transport in close proximity
* Existing return verandah villa with additional self-contained accommodation
Buy to subdivide with land of this size rare in this location; or renovate, occupy and subdivide the rest.
Final inspection prior to auction:
Wednesday 6th March - 11am-11:30am
Property History for 7-9 Palmyra Ave, Torrensville, SA 5031
- 14 Mar 2016Listed for Rent - Price not available
- 19 Jan 2016Transferred
- 03 Jul 2015Transferred
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0About Torrensville 5031
The size of Torrensville is approximately 2.1 square kilometres. It has 7 parks covering nearly 7.2% of total area. The population of Torrensville in 2011 was 3,866 people. By 2016 the population was 4,068 showing a population growth of 5.2% in the area during that time. The predominant age group in Torrensville is 20-29 years. Households in Torrensville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torrensville work in a professional occupation. In 2011, 61.9% of the homes in Torrensville were owner-occupied compared with 60.5% in 2016.
Torrensville has 2,150 properties. Over the last 5 years, Houses in Torrensville have seen a 77.53% increase in median value, while Units have seen a 65.01% increase. As at 31 October 2024:
- The median value for Houses in Torrensville is $1,085,100 while the median value for Units is $579,470.
- Houses have a median rent of $650 while Units have a median rent of $520.
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