Lot 100 - 6 Cungena Avenue - Park Holme
Park Holme, Adelaide, SA, 5043$ 953,800
Overview
Property ID: LA-11105
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 130
Details
Updated on Feb 21, 2025 at 01:01 pm
| Property Type: | House and Land |
|---|---|
| Price: | $ 953,800 |
| Land Price: | $ 635,000 |
| Build Price: | $ 318,800 |
| Gross Per Week: | $ 600 |
| Gross Per Annum: | $ 31,200 |
| Gross Yield: | 3.27% |
| Capital Growth 12 Months: | 13.02% |
| Capital Growth 10 Year Annualised: | 6.80% |
| Vacancy Rate: | 0.08% |
| Property Size: | 130 m2 |
| Land Area: | 411 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 1 |
| Title Status: | To be confirmed |
| Property ID: | 11105 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Park Holme is a southwestern suburb of Adelaide, South Australia, located approximately 8 kilometers from the city center. Established in the mid-20th century, the suburb covers an area of 1.15 square kilometers.
Demographics
As of the 2016 census, Park Holme had a population of 2,869 residents, reflecting a 5% increase from 2011. The predominant age group is 20-29 years, with households primarily consisting of childless couples. A significant portion of the population is engaged in professional occupations.
Education
Park Holme hosts several educational institutions, including Ascot Park Primary School, Kilparrin Teaching and Assessment School for students with sensory impairments, and the South Australian School for the Vision Impaired. Ascot Park Kindergarten is also located within the suburb.
Amenities and Facilities
The suburb offers various amenities such as the Marion Library Service's Park Holme branch on Duncan Avenue and the Park Holme Community Hall on Marion Road, which hosts community events and classes. For recreation, residents can visit the Marion Swimming Centre on Hendrie Street, an outdoor facility open from mid-spring to mid-autumn.
Transportation
Public transport in Park Holme is well-developed, with bus routes like the M44 providing access to the city center and surrounding areas. The Ascot Park Train Station, located just east of Marion Road, offers additional connectivity.
Real Estate
The suburb features a mix of housing options, including older homes on large blocks and newer developments. Recent property listings indicate a 3-bedroom, 2-bathroom townhouse on Parsons Grove with an estimated value of $792,000.
Overall, Park Holme offers a blend of convenient amenities, educational facilities, and accessible transportation, making it a desirable suburb within the Adelaide metropolitan area.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
Open on Google Maps
Address
Lot 100 - 6 Cungena Avenue - Park Holme
City
Adelaide
State
SA
Postcode
5043
Suburb
Park Holme
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
