OFF MARKET

1/3 Bourn Avenue
West Hindmarsh SA 5007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 293m2
Land area: 697m2
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Last updated 11 Nov 2024
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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.

Building Type
Unit
Year Built
1971
Floor Size
293m2
Land Size
697m2
Local Government
Charles Sturt
Lot/Plan
A24/D1342

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.

Council rates (City of Charles Sturt) $4,000 p/a approx and Water rates $1,000 p/a approx usage (tenants pay use).

PLEASE NOTE: FLOORPLAN EXAMPLE ONLY *Upstairs Units 4 & 5 have balconies

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Property History for 1/3 Bourn Ave, West Hindmarsh, SA 5007

A timeline of how this property has performed in the market
Last Sold
$920,000
30 Apr 2010
Listed for Rent
$240/w
21 Jul 2015
  • 02 Jun 2014
    Listed for Sale $1,150,000 - $1,200,000
  • 18 Sep 2010
    Listed for Rent - Price not available
  • 30 Apr 2010
    Sold 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 90.96% increase in median value, while Units have seen a 79.92% increase. As at 31 October 2024:

  • The median value for Houses in West Hindmarsh is $1,085,481 while the median value for Units is $618,062.
  • Houses have a median rent of $630 while Units have a median rent of $363.
There are currently 2 properties listed for sale, and 1 property listed for rent in West hindmarsh on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in West hindmarsh.

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