OFF MARKET

5/49 Welland Avenue
Welland SA 5007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 127m2
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Property Details for 5/49 Welland Ave, Welland

5/49 Welland Ave, Welland is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 127m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
Unit
Year Built
1971
Floor Size
62m2
Land Size
127m2
Local Government
Charles Sturt
Lot/Plan
U5/S7857

Last Listing description (March 2016)

A very much desired locale within minutes of the city, beaches not far in the other direction, quiet position and all amenities within a hop skip and a jump.
A very very well presented unit in a quiet group, offers 2 good sized bedrooms, semi open plan lounge through to the dining and kitchen, bathroom with laundry facilities and a spacious and private front yard as well as rear courtyard to complete a great package.
Some aspects of the home are in original condition but the general state of the home is excellent providing great opportunity for buyers to acquire and reap the benefits of its current maintained form, while a great opportunity exists to modernize in the future to really capture some good capital growth in a soon to be well recognized suburb.

Currently tenanted to an excellent tenant at $250 till the 31st of July 2015 with an option to renew further.
This is an offering that is as good as it gets, inspect when possible or you will miss out.
RLA 154820

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Property History for 5/49 Welland Ave, Welland, SA 5007

A timeline of how this property has performed in the market
Last Sold
$240,000
05 Aug 2015
Listed for Rent
$250/w
22 Jul 2014
  • 05 Aug 2015
    Sold for $240,000
  • 30 Mar 2015
    Listed for Sale $247,500
  • 02 Jul 2014
    Listed for Rent - Price not available
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About Welland 5007

The size of Welland is approximately 0.6 square kilometres. The population of Welland in 2011 was 835 people. By 2016 the population was 873 showing a population growth of 4.6% in the area during that time. The predominant age group in Welland is 50-59 years. Households in Welland are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Welland work in a professional occupation. In 2011, 65.3% of the homes in Welland were owner-occupied compared with 62.4% in 2016.

Welland has 561 properties. Over the last 5 years, Houses in Welland have seen a 88.32% increase in median value, while Units have seen a 85.27% increase. As at 31 August 2024:

  • The median value for Houses in Welland is $1,110,421 while the median value for Units is $650,861.
  • Houses have a median rent of $400.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Welland on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Welland.

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