Back 25 East Terrace
Off Market

25 East Terrace

Meningie SA 5264

4
2
4
0 m²
737 m²
House
Adam Hurle, RLA 318694Adam Hurle, RLA 318694, last sold this property on 31 March 2021 after 1077 days on market.

Overview

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25 and 27 East Terrace, Meningie consists of two homes, located on one residential parcel of 737m2. The homes, built in 1970 are of timber construction with external cladding. Both homes are currently tenanted returning $365 per week, which represents an 8.6% rental yield, with room for improvement. They are identical in layout, consisting of two bedrooms with built in robes. The centre of the home contains the open plan kitchen/dining/lounge. The lounge is carpet, while the modest but functional 70’s kitchen has vinyl floor coverings. Both homes contain air conditioning to the living areas, with number 27 having an update reverse cycle unit. The bathrooms are of good order with updated shower screens. The laundry has direct access to the rear yard. Outside the secure yards are separated by steel mesh fencing with both homes having small rainwater tanks and garden sheds. A freestanding two bay carport to both units completes the exterior. Want to know where your property sits in the market? I’ll provide you with a free no obligation market update on your home or investment. Call Adam on 0439 545 193 to arrange a property complimentary property appraisal. Disclaimer Whilst every precaution has been taken to ensure that the information contained herein is true and accurate, we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein and do their own research.

Features

4 bedrooms
2 bathrooms
4 carspaces
4 carport spaces
0 m² floor area
737 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Meningie over the last 12 months, the estimated median property value of 25 East Terrace is $632.5k.

Median value
$632.5k
Estimated value range
$540k - $840k
Median days on market
134
Estimated value trend
36%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Meningie. 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 25 East Terrace

2021
Sold
Undisclosed
31 Mar 2021 by Adam Hurle, RLA 318694, of Coorong Realty

Happy sellers in Meningie

72%
72% of sellers in Meningie reported that their sale price either exceeded or met their price expectations.

Meningie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Meningie over the last 12 months.

Local market activity for 4 bedroom houses in Meningie

In the last 12 months, 6 four-bedroom houses similar to 25 East Terrace, have been sold.

This represents a 50% decrease in four-bedroom houses sales when compared to the previous 12 months.

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