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Lot 16 - Leabrook Drive - Para Hills
Para Hills, Adelaide, SA, 5096$ 808,800
Overview
Property ID: LA-14353
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 130
Details
Updated on May 28, 2025 at 12:00 pm
| Property Type: | House and Land |
|---|---|
| Price: | $ 808,800 |
| Land Price: | $ 490,000 |
| Build Price: | $ 318,800 |
| Gross Per Week: | $ 570 |
| Gross Per Annum: | $ 29,640 |
| Gross Yield: | 3.66% |
| Capital Growth 12 Months: | 24.03% |
| Capital Growth 10 Year Annualised: | 7.99% |
| Vacancy Rate: | 0.65% |
| Property Size: | 130 m2 |
| Land Area: | 348 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 1 |
| Title Status: | To be confirmed |
| Property ID: | 14353 |
| 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.*
Para Hills is a residential suburb situated approximately 16 km north of Adelaide's city centre. Established in 1959, it falls within the City of Salisbury and is characterized by its hilly terrain and numerous parks.
As of the 2021 Census, Para Hills had a population of 6,793 residents. The median age is 36 years, slightly younger than the national average of 38. Approximately 64.7% of residents were born in Australia, with other common countries of birth including England, India, and Afghanistan.
The property market in Para Hills has experienced significant growth. The median house price is approximately $686,000, reflecting an 18.3% increase over the past year. Houses typically spend around 35 days on the market.
In the rental sector, houses in Para Hills have a median weekly rent of $570, yielding an annual rental return of 4.3%.
Para Hills offers a range of amenities, including several parks and recreational facilities. Baden Park features a new playground, tennis court, and basketball court. The suburb is also home to educational institutions such as Para Hills School and Para Hills High School, which has undergone a $2.83 million upgrade to enhance its STEAM facilities.
Overall, Para Hills combines a family-friendly environment with strong property market performance, making it an attractive option for homeowners and investors alike.
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 16 - Leabrook Drive - Para Hills
City
Adelaide
State
SA
Postcode
5096
Suburb
Para Hills
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
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.
