Lot 25 Primrose Crt, Davoren Park SA

Adelaide, SA, 5113

$ 743,600

Adelaide, SA, 5113
Lot 25 Primrose Crt, Davoren Park SA-0
Lot 25 Primrose Crt, Davoren Park SA-1

Property Images

Lot 25 Primrose Crt, Davoren Park SA-0 Lot 25 Primrose Crt, Davoren Park SA-1

Overview

Property ID: LA-9828

  • Co-Living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 162

Details

Updated on Dec 19, 2024 at 05:41 pm

Property Type: Co-Living
Price: $ 743,600
Land Price: $ 355,000
Build Price: $ 388,600
Gross Per Week: $ TBA
Gross Per Annum: $ TBA
Gross Yield: TBA%
Capital Growth 12 Months: 27.79%
Capital Growth 10 Year Annualised: 10.40%
Vacancy Rate: 1.01%
Property Size: 162 m2
Land Area: 450 m2
Bedrooms: 3
Bathrooms: 3
Parking: 2
Title Status: TBA
Property ID: 9828
SKU: 1045

Description

This property is a home and land package at 25 Primrose Ct, Davoren Park, featuring a 450m2 lot and a house size of 162m2. It includes 3 bedrooms, 3 bathrooms, and parking for 2 cars, making it ideal for modern living.

Suburb Profile:

Davoren Park is located in South Australia’s Northern Adelaide Region. It is a growing suburb with proximity to schools, parks, and local amenities, offering affordable housing options for families and investors.


This modern home and land package in Davoren Park offers excellent investment potential and a comfortable living space, catering to both families and investors.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 25 Primrose Crt, Davoren Park SA
City Adelaide
State SA
Postcode 5113
Suburb N/A

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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.

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