SOLD
RECENT ADVICE
Sold on 07 Aug 2024 for $3,000,000

33/35 Young Avenue
West Hindmarsh SA 5007

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Sold By
Andrew Rossi
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Jacob Rossi
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Property Details for 33/35 Young Ave, West Hindmarsh

33/35 Young Ave, West Hindmarsh is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in West Hindmarsh in the last 12 months.

Building Type
House
Local Government
Charles Sturt

Last Listing description (August 2024)

Prime Development Opportunity in West Hindmarsh Benefit from New SA Government Policy!

Are you searching for a prime development opportunity in a highly sought-after location? Look no further than 33 & 35 Young Avenue, West Hindmarsh. Positioned within the Plan SA - General Neighbourhood Zone, these expansive properties span 2,207 m of land, within 5 km of the Adelaide CBD, presenting an enticing prospect for residential development. (Subject to Council Approval)

With the recent SA Government policy change, this is the perfect time to invest. The government has abolished stamp duty for all first home buyers who build or buy new homes in South Australia, and expanded the first homeowner grant eligibility. This policy shift means greater affordability and increased demand for new homes, making your development opportunity even more attractive to potential buyers.

Property Specifications:

Combined Land Size: 2207 m
- 33 Young Avenue: 1129 m
- 35 Young Avenue: 1078 m

Combined Frontage: 30.48 m
- 33 Young Avenue: 15.24 m
- 35 Young Avenue: 15.24 m

Build Size:
- 33 Young Avenue: 120 m
- 35 Young Avenue: 132 m

Property Built:
- 33 Young Avenue: 1946
- 35 Young Avenue: 1964

Current Tenancies:
- 33 Young Avenue: Tenanted for $460 per week until June 1st
- 35 Young Avenue: Tenanted for $490 per week until August 1st

Zoning: Plan SA General Neighbourhood Zone
- Council: City of Charles Sturt

Local Amenities:

Schools:
- St Josephs School: 1.2 km away
- Immaculate Heart of Mary School: 1.8 km away
- Torrensville Primary School: 2.5 km away

Shopping Centres:
- Brickworks Shopping Centre: 1.3 km away
- Welland Shopping Centre: 1.6 km away

Other Facilities:
- Linear Park: 1.5 km away
- Entertainment Centre: 3.5 km away

Dont Miss Out!

With the new SA Government policy providing significant financial incentives for first home buyers, the demand for new homes is set to rise. This makes 33 & 35 Young Avenue, West Hindmarsh a rare and lucrative opportunity for astute investors and developers alike. Act fast to secure your future and take advantage of these government incentives.

Contact Wilson Rossi Real Estate today on 0481 391 041 or sales@wilsonrossi.com.au to express your interest.

Wilson Rossi - Real Estate

RLA 320 080

Property History for 33/35 Young Ave, West Hindmarsh, SA 5007

A timeline of how this property has performed in the market
Last Sold
$3,000,000
07 Aug 2024
  • 07 Aug 2024
    Sold for $3,000,000
  • 23 May 2024
    Listed for Sale Undisclosed

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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 89.28% increase in median value, while Units have seen a 74.89% increase. As at 30 September 2024:

  • The median value for Houses in West Hindmarsh is $1,064,716 while the median value for Units is $610,649.
  • Houses have a median rent of $620 while Units have a median rent of $363.
There are currently 2 properties listed for sale, and no properties listed for rent in West hindmarsh on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in West hindmarsh.

Suburb Insights for West Hindmarsh 5007

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Andrew Rossi
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Jacob Rossi
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Wilson Rossi
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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.