8 Elite Lane, Verdun is a bedroom, bathroom House and was built in 1955. The property has a land size of 732m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Under Contract by Kent Parkin!
Built circa 1955 as a residence for railway workers this original cottage presents a real opportunity for those who can see the potential that exists. Elite Lane runs directly off the Onkaparinga Valley Road and comprises a small group of similar cottages.
There are three bedrooms, one bathroom, a good sized lounge and a kitchen/dining room. Off the back veranda there is also a small sunroom which could be converted to another bedroom or study.
No doubt there is some work to be done, but the results may well be very worthwhile.
This really is a clean slate chance to purchase in this tightly held area. Only 5 minutes from Balhannah, Hahndorf and less than 10 minutes from freeway access the location is ideal for a hills lifestyle as well as easy commuting to Adelaide.
The size of Verdun is approximately 4.7 square kilometres. The population of Verdun in 2011 was 662 people. By 2016 the population was 192 showing a population decline of 71.0% in the area during that time. The predominant age group in Verdun is 60-69 years. Households in Verdun are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Verdun work in a professional occupation. In 2011, 88.1% of the homes in Verdun were owner-occupied compared with 88.3% in 2016.
Verdun has 137 properties. Over the last 5 years, Houses in Verdun have seen a 70.49% increase in median value. As at 31 October 2024:
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