OFF MARKET

7 Linear Crescent
Walkley Heights SA 5098

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 183m2
Land area: 450m2
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Property Details for 7 Linear Cres, Walkley Heights

7 Linear Cres, Walkley Heights is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 450m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
House
Year Built
2003
Floor Size
183m2
Land Size
450m2
Local Government
Port Adelaide Enfield
Lot/Plan
A95/D59661

Last Listing description (September 2017)

Currently under long term lease to Defence Housing Australia (DHA) until 2020 at $405 per week, an ideal consideration for local & interstate investors, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.
This property is for sale on behalf of a DHA lessor and has a DHA lease in place visit dha.gov.au to learn about the benefits of investing in DHA property.
Weekly rent: $405.00

Lease end date: 02/10/2020
Next rent review: 31/12/2017
Lease Option: 1 x up to 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months reduction or extension
Situated at popular Walkley Heights and offering 3 bedrooms with the master bedroom complete with ensuite and walk-in robe and all remaining bedrooms have built in robes. The kitchen is located centrally in the properties floor plan and is open plan with the everyday living and dining which open up to the outdoor rear paved veranda to make for seamless indoor and outdoor living and entertaining.
Other features that enhance the investment;
- Double garage under the main roof with internal access
- Rear Veranda for entertaining
- Generous kitchen bench space and storage which includes a pantry
- Gas cooking
- Second separate living area
- Fully established front and rear gardens
- Surrounded by other quality establish homes
- Easy access to parks, Shopping Centres, TAFE SA Campus, several Schools and Transport
Situated on an allotment of 450sqm, fitted with ducted cooling and heating located throughout the home, this property will be an exceptional long term investment which has been matched with the perfect secure and reliable tenant being Defence Housing Australia.
For all enquiries and to arrange to view this property please call Craig Costello on 0448 212 066 or email craigc@harrisre.com.au all inspections are by private appointment.
Specifications:
CT / 5875/591
Council / City of Port Adelaide Enfield
Zoning / R'55
Built / 2003
Land / 450m2
Frontage / 15.00m
Council Rates / $1118.65pa
SA Water / $177.61pq
ES Levy / $255pa
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice. Should this property be scheduled for auction the vendor's statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Property History for 7 Linear Cres, Walkley Heights, SA 5098

A timeline of how this property has performed in the market
Last Sold
$452,000
31 Aug 2017
  • 31 Aug 2017
    Sold for $452,000
  • 22 May 2017
    Listed for Sale $469K
  • 26 Sep 2008
    Sold for $382,500
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About Walkley Heights 5098

The size of Walkley Heights is approximately 1.7 square kilometres. It has 7 parks covering nearly 4.5% of total area. The population of Walkley Heights in 2011 was 3,507 people. By 2016 the population was 3,493 showing a population decline of 0.4% in the area during that time. The predominant age group in Walkley Heights is 40-49 years. Households in Walkley Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Walkley Heights work in a professional occupation. In 2011, 75.4% of the homes in Walkley Heights were owner-occupied compared with 76% in 2016.

Walkley Heights has 1,245 properties. Over the last 5 years, Houses in Walkley Heights have seen a 95.72% increase in median value, while Units have seen a 143.83% increase. As at 30 September 2024:

  • The median value for Houses in Walkley Heights is $877,988 while the median value for Units is $469,107.
  • Houses have a median rent of $670.
There are currently 1 property listed for sale, and 1 property listed for rent in Walkley heights on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Walkley heights.

Suburb Insights for Walkley Heights 5098

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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.