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Back 2 Schumann St
Off Market

2 Schumann St

Ingle Farm SA 5098

3
1
1
612 m²
House
Paul LeombrunoPaul Leombruno, last sold this property on 11 July 2026 after 17 days on market.

Overview

Prime Corner Allotment with Holding Income Until 2027

Positioned on a substantial 612sqm (approx.) corner allotment in the heart of Ingle Farm, this versatile property presents an outstanding opportunity for both investors and developers alike. Currently leased until March 2027 at $500 per week, the property offers immediate rental income while providing valuable time to explore future development opportunities (subject to the necessary consents). The existing three-bedroom home features a functional floorplan, a built-in robe to the main bedroom, a central bathroom and separate toilet, floorboards and ducted heating and cooling throughout. Whether you're seeking a set-and-forget investment, a future development site, or a project to renovate and add value, this property offers flexibility and long-term potential. Ingle Farm continues to attract strong buyer and tenant demand thanks to its convenient location, established infrastructure and ongoing growth. Families are drawn to quality local schools, including Ingle Farm Primary School, while nearby shopping centres, public transport and recreational facilities add to the suburb's broad appeal. For developers, the generous allotment and favourable location provide exciting possibilities to capitalise on future growth within this thriving northern corridor. Outside, the expansive backyard and additional shed enhance the property's practicality, while the sizeable landholding creates scope for future improvements or redevelopment (subject to council consents). Secure an income-producing asset today and position yourself for tomorrow's opportunities. Whether you're looking to invest, renovate, or develop, this is a rare chance to secure a property that delivers both immediate returns and future potential in one of Adelaide's most established growth suburbs. All information displayed has been supplied to Boffo Real Estate by third parties. While considered reliable, its accuracy has not been verified, is not guaranteed and no liability is accepted for any errors or omissions. Interested parties must undertake their own investigations or enquiries and not rely on any warranty, representation or assurance from the Vendor or its Agent in respect of the land or any improvements. The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public - (A) at our office located at 78-80 North East Road, Walkerville for at least 3 consecutive business days immediately preceding the auction; and (B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences. Looking to purchase this property as an investment? Speak to our Property Management team to see how we can assist. RLA 313174

Features

3 bedrooms
1 bathroom
1 carspace
612 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ingle Farm over the last 12 months, the estimated median property value of 2 Schumann St is $859k.

Median value
$859k
Estimated value range
$600k - $1.25m
Median days on market
21
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ingle Farm. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 Schumann St

2026
Sold
Undisclosed
Auction Sale on 11 Jul 2026 by Paul Leombruno, of Boffo Real Estate

Happy sellers in Ingle Farm

~%

We have insufficient information to provide an overview of customer satisfaction for Ingle Farm. Viewing the agent profiles, reviews and sales for Ingle Farm can provide insights for this location.

Local market activity for 3 bedroom houses in Ingle Farm

In the last 12 months, 95 three-bedroom houses similar to 2 Schumann St, have been sold.

This represents a 40% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Ingle Farm

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Kylie Mahoney

Sellers who recommend Kylie Mahoney have praised them for being local expert, clear communication, responsive, reliable, supportive, well-prepared and friendly

  •   4.9   (108 reviews)
  •  1 Review in Ingle Farm
  •  1 Sale in Ingle Farm
View profile
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Dominic Cirillo

Dominic Cirillo is a recommended agent for Ingle Farm.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.9   (131 reviews)
  •  1 Review in Ingle Farm
  •  1 Sale in Ingle Farm
View profile
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Matthew Lipari

Matthew Lipari is a recommended agent for Ingle Farm.  They have 55 local sales across the last 12 months.

  •   5   (2 reviews)
  •  55 Sales in Ingle Farm
View profile
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Brijesh Mishra

Sellers who recommend Brijesh Mishra have praised them for being clear communication, local expert, supportive, responsive, reliable, friendly and dedicated

  •   4.9   (244 reviews)
  •  5 Sales in Ingle Farm
View profile
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