SOLD
RECENT ADVICE
Sold on 17 Aug 2024 for $2,020,000

6 Freeman Avenue
Tranmere SA 5073

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Floor area: 110m2
Land area: 745m2
Sold By
Ray White Paradise
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Property Details for 6 Freeman Ave, Tranmere

6 Freeman Ave, Tranmere is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 745m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 12 bedroom Unit sold in Tranmere in the last 12 months.

Building Type
Unit
Floor Size
110m2
Land Size
745m2
Local Government
Campbelltown
Lot/Plan
A519/D5286

Last Listing description (August 2024)

A once in a blue moon opportunity in the heart of Tranmere.

This opportunity is perfect for those with a vision for property development, investment and the ability to undertake a significant renovation project.

Key features:

Location - Highly desirable suburb of Tranmere
Proximity - Close to Richardson Avenue Reserve, Firle Plaza shopping centre and public transport. Units - Six units, each with 2 bedrooms, a lounge/dining area and a kitchen.
Lot size - Approximately 745m2
Parking - 6 carports conveniently located at the rear
Condition - Units are currently a shell, requiring renovation.
Customisation - An exciting opportunity to renovate and customise each unit to modern standards

Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 322799

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Property Details:
Council | Campbelltown
Zone | GN - General Neighbourhood
Land | 745sqm(Approx.)
House | 517sqm(Approx.)
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa

Property is subject to Housing Improvement Order and Rent Control Notice

Property History for 6 Freeman Ave, Tranmere, SA 5073

A timeline of how this property has performed in the market
Last Sold
$2,020,000
17 Aug 2024
  • 17 Aug 2024
    Sold for $2,020,000
  • 25 Jul 2024
    Listed for Sale Auction On-Site Saturday 17th August 2:00PM

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About Tranmere 5073

The size of Tranmere is approximately 1.5 square kilometres. It has 5 parks covering nearly 7.7% of total area. The population of Tranmere in 2011 was 3,615 people. By 2016 the population was 3,751 showing a population growth of 3.8% in the area during that time. The predominant age group in Tranmere is 40-49 years. Households in Tranmere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tranmere work in a professional occupation. In 2011, 67.2% of the homes in Tranmere were owner-occupied compared with 69% in 2016.

Tranmere has 2,085 properties. Over the last 5 years, Houses in Tranmere have seen a 71.85% increase in median value, while Units have seen a 60.95% increase. As at 31 August 2024:

  • The median value for Houses in Tranmere is $1,139,013 while the median value for Units is $567,695.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Tranmere on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Tranmere.

Suburb Insights for Tranmere 5073

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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.