1/3 Bourn AvenueWest Hindmarsh SA 5007
Property Details for 1/3 Bourn Ave, West Hindmarsh
1/3 Bourn Ave, West Hindmarsh is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 697m2 and floor size of 293m2. While the property is not currently for sale or for rent, it was last sold in April 2010.
Last Listing description (September 2015)
An opportunity for the Self Managed Super Funds- Long term investment or a short term gain. These units have a good income with potential to renovate and increase the yield, or separate and sell individually. Located just off Port Road, close to transport, shops, tram and Entertainment Centre. This group of 5 units are on one title and situated on an allotment of approx 700m2.
Built in 1971 offering good future potential, separate into individual titles, renovate to increase return or hold as is.There are 3 units on the ground floor and 2 units on the 1st floor. All have 2 bedrooms, bathroom/laundry, kitchen/meals/living area and carport.
Current rental return $61,000 p/a approx with leases in place.
PLEASE NOTE: FLOORPLAN EXAMPLE ONLY *Upstairs Units 4 & 5 have balconies
Property History for 1/3 Bourn Ave, West Hindmarsh, SA 5007
- 02 Jun 2014Listed for Sale $1,150,000 - $1,200,000
- 18 Sep 2010Listed for Rent - Price not available
- 30 Apr 2010Sold for $920,000
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About West Hindmarsh 5007
The size of West Hindmarsh is approximately 0.6 square kilometres. It has 2 parks covering nearly 1.8% of total area. The population of West Hindmarsh in 2011 was 1,573 people. By 2016 the population was 1,558 showing a population decline of 1.0% in the area during that time. The predominant age group in West Hindmarsh is 30-39 years. Households in West Hindmarsh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hindmarsh work in a professional occupation. In 2011, 56.7% of the homes in West Hindmarsh were owner-occupied compared with 58.8% in 2016.
West Hindmarsh has 808 properties. Over the last 5 years, Houses in West Hindmarsh have seen a 77.99% increase in median value, while Units have seen a 68.41% increase. As at 31 July 2024:
- The median value for Houses in West Hindmarsh is $998,097 while the median value for Units is $588,954.
- Houses have a median rent of $590 while Units have a median rent of $363.
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