11 St Matthews St, Willunga is a 0 bedroom, 0 bathroom House and was built in 1970. The property has a land size of 1572m2 and floor size of 266m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Once in a while an opportunity to unlock hidden value in a property presents itself... and this is truly one of those occasions!
Comprising over 1,200 square metres of land in a premier Willunga street (where homes have sold up to $2.5m), this allotment will ultimately sell for less than it's true value once a 'Lateral Thinker' has established a home upon it.
Yes, there is some undulation, but the north facing slope enjoys excellent sunlight, offering a great opportunity to build an environmentally friendly home with great thermal qualities, not to mention the wonderful gardens and fruit trees that could be established upon it. Access to the allotment will also require some work, but there is no doubt the right buyer with vision and some problem solving skills will see this diamond in the rough for what it is and unlock its hidden value.
The size of Willunga is approximately 21.3 square kilometres. It has 8 parks covering nearly 3.1% of total area. The population of Willunga in 2011 was 2,415 people. By 2016 the population was 2,286 showing a population decline of 5.3% in the area during that time. The predominant age group in Willunga is 40-49 years. Households in Willunga are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Willunga work in a professional occupation. In 2011, 84.1% of the homes in Willunga were owner-occupied compared with 83.1% in 2016.
Willunga has 1,284 properties. Over the last 5 years, Houses in Willunga have seen a 86.87% increase in median value, while Units have seen a 146.97% increase. As at 31 October 2024:
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