5/1 Park AvenueUrrbrae SA 5064
Property Details for 5/1 Park Ave, Urrbrae
5/1 Park Ave, Urrbrae is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 1986. The property has a land size of 660m2 and floor size of 263m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (September 2019)
Price reduced to sell quickly! This cul-de-sac was created in the 1980's when 6 luxurious homes were constructed by a well known builder and developer, Teichman Builders, and this particular home was built for himself and his family.
Since then the homes have been tightly held as the setting is unique. A creek runs through and a rustic reserve is adjacent ensuring a quiet location.
Built in solid brick in 1986 and of architectural design, the home is ideal for family living, with the bonus of a retreat area downstairs which could be utilised as a self-contained area for elderly relatives or older children. Alternatively, a family rumpus/recreation area with its own bathroom.
The master bedroom has its own ensuite bathroom, while the second and third bedrooms are serviced by the family bathroom and laundry.
Other features include a climate controlled cellar, double lock-up garage with storage, extra parking for teenagers or guests, security system and intercom, two large rainwater tanks and entertainment area at rear.
This is a flexible family home, priced for definite sale.
Property History for 5/1 Park Ave, Urrbrae, SA 5064
- 24 Feb 2020Sold for $783,000
- 20 Mar 2019Listed for Sale $895,000
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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 445 properties. Over the last 5 years, Houses in Urrbrae have seen a 90.31% increase in median value, while Units have seen a 40.26% increase. As at 31 October 2024:
- The median value for Houses in Urrbrae is $1,768,702 while the median value for Units is $842,493.
- Houses have a median rent of $720.
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