SOLD
Sold on 05 Jul 2024 for $750,000

249 Wright Road
Valley View SA 5093

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 108m2
Land area: 709m2
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Property Details for 249 Wright Rd, Valley View

249 Wright Rd, Valley View is a 3 bedroom, 2 bathroom House and was built in 1965. The property has a land size of 709m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Valley View in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
108m2
Land Size
709m2
Local Government
Salisbury
Lot/Plan
A58/D7105

Last Listing description (July 2024)

This newly renovated, three-bedroom, two-bathroom brick veneer home is perfectly positioned in the desirable Valley View area, combining modern living with considerable redevelopment potential. With its appealing street facade and situated on a spacious 709 sqm corner allotment, this home is an ideal choice for first-time home buyers or investors/speculators.

The layout features a master bedroom complete with an ensuite, providing privacy and convenience. Two additional good-sized bedrooms ensure ample space for family or guests. The home also offers separate kitchen, dining, and lounge areas, creating a structured and inviting environment.

Key Features:

Land Area: Approximately 709m on a corner allotment, ripe for redevelopment (STCC).
Easements: None, providing unobstructed development opportunities.
Outdoor Living: Access from the dining area to a quaint outdoor space perfect for dining and relaxation.
Private Rear Garden: Fully fenced, offering a secure area for children and pets to play.
Storage Solutions: Includes a tool shed and a large, spacious workshop, ideal for hobbies or additional storage needs.

Lifestyle Benefits
Located within walking distance to local schools and public transport, this property promotes a lifestyle of convenience and potential. It is only a 5-minute drive to major shopping hubs such as Tea Tree Plaza at Modbury and Ingle Farm Shopping Centre. The home is also near both public and private educational institutions, including Prescott Primary. With easy access to the O-Bahn, revamped TTP shopping centre, and nearby suburban reserves, as well as being just a stroll from the CBD, this property is positioned in a highly strategic and desirable location.

In addition to practical living spaces inside, the home boasts a spacious entertainment area outside and a small shed alongside the workshop in the backyard, ensuring plenty of space for day-to-day activities, hobbies, or relaxation. This combination of comfort, convenience, and potential makes it a standout option for anyone looking to invest in their future.

The Vendor's Statement (Form 1) will be available for perusal by members of the public at the office of the agent at Raine & Horne Unley, 4/215-217 Unley Road, Malvern for at least 3 consecutive business days immediately preceding the auction and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction

*Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the Form 1.

Property History for 249 Wright Rd, Valley View, SA 5093

A timeline of how this property has performed in the market
Last Sold
$750,000
05 Jul 2024
  • 05 Jul 2024
    Sold for $750,000
  • 07 May 2024
    Listed for Sale Auction onsite at 11:00 am on 01/06/2024 (USP)
  • 14 Jan 2022
    Sold for $520,000
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About Valley View 5093

The size of Valley View is approximately 2.9 square kilometres. It has 14 parks covering nearly 18.4% of total area. The population of Valley View in 2011 was 5,986 people. By 2016 the population was 6,097 showing a population growth of 1.9% in the area during that time. The predominant age group in Valley View is 40-49 years. Households in Valley View are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Valley View work in a professional occupation. In 2011, 79.2% of the homes in Valley View were owner-occupied compared with 79.7% in 2016.

Valley View has 2,955 properties. Over the last 5 years, Houses in Valley View have seen a 95.64% increase in median value, while Units have seen a 114.82% increase. As at 31 October 2024:

  • The median value for Houses in Valley View is $770,858 while the median value for Units is $518,540.
  • Houses have a median rent of $580 while Units have a median rent of $290.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Valley view on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Valley view.

Suburb Insights for Valley View 5093

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Raine & Horne Unley
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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.