SOLD
Sold on 15 May 2024 for $1,452,000

1 Meadowbank Rise
Urrbrae SA 5064

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 869m2
Sold By
Toop & Toop Norwood
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Property Details for 1 Meadowbank Rise, Urrbrae

1 Meadowbank Rise, Urrbrae is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 869m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Urrbrae in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
180m2
Land Size
869m2
Local Government
Mitcham
Lot/Plan
A63/F16159

Last Listing description (May 2024)

Auction Location: On site

AUCTION Saturday 13th April at 10:30am, on site (Unless sold prior)

There are some rare parcels of real estate that have a prized position which elevates them beyond simply being a home and make them a peaceful sanctuary for those fortunate enough to live there. This much-loved property is being offered to the market for the first time in 25 years, situated in an extremely tightly-held cul-de-sac of only 5 homes, all positioned on large plots of land with wide frontages and adjoining peaceful Meadowbank Reserve. East-facing towards the Adelaide foothills, it shines in beautiful morning sunlight to the tune of many species of birds that make this tranquil pocket their home amongst the native trees.

Superbly built in 1965, with double brick construction, Basket Range Sandstone facade and the tuck-pointing that was so iconic of quality homes of its era. This spacious and light home offers up to five bedrooms all on one level with solid timber floorboards throughout, 2 bathrooms and under-cover parking for 2 cars. A large 869sqm allotment and 27.5m frontage make this a wonderful home for families but also for down-sizers and investors alike, with scope to update wet areas to add value.

The back yard has an incredible orchard of established organic fruit trees, including cherry, avocado, pear, apple, plum, orange, mango and apricot, which have been lovingly tended to over many years. It also comes with a large swim-spa under a spacious outdoor entertaining alfresco and 3kW solar electrical system.

Zoned for the brilliant Netherby Kindergarten, Highgate Primary School (and close to un-zoned Mitcham Primary School), and for Unley High School, which was recently granted the International Baccalaureate (IB) program. Close to Burnside Village and Mitcham Square shopping precincts, Urrbrae House, Carrick Hill, nature walks through the Waite Arboretum and nearby walking trails, the Adelaide University Waite campus and CSIRO.

This is an outstanding opportunity to own a home that offers a lifestyle far beyond what most properties so close to the CBD can.

Property History for 1 Meadowbank Rise, Urrbrae, SA 5064

A timeline of how this property has performed in the market
Last Sold
$1,452,000
15 May 2024
  • 15 May 2024
    Sold for $1,452,000
  • 27 Mar 2024
    Listed for Sale Not Disclosed
  • 18 Jan 2000
    Sold for $257,500
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About Urrbrae 5064

The size of Urrbrae is approximately 1.7 square kilometres. It has 7 parks covering nearly 20.2% of total area. The population of Urrbrae in 2011 was 970 people. By 2016 the population was 955 showing a population decline of 1.5% in the area during that time. The predominant age group in Urrbrae is 50-59 years. Households in Urrbrae are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Urrbrae work in a professional occupation. In 2011, 88% of the homes in Urrbrae were owner-occupied compared with 86.7% in 2016.

Urrbrae has 447 properties. Over the last 5 years, Houses in Urrbrae have seen a 65.19% increase in median value, while Units have seen a 59.50% increase. As at 31 July 2024:

  • The median value for Houses in Urrbrae is $1,707,577 while the median value for Units is $928,474.
  • Houses have a median rent of $750.
There are currently 1 property listed for sale, and no properties listed for rent in Urrbrae on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Urrbrae.

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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.