Back 3 James Street
Off Market

3 James Street

Mount Barker SA 5251

3
1
1
853 m²
House
David TonksDavid Tonks, last sold this property on 21 December 2022 after 64 days on market.

Overview

Torrens Title Land Division

Set on a generous allotment of approximately 853sqm with a frontage of 21m and free of any Easements or Encumbrances this property offers a fantastic development opportunity "Subject to Council Consent". An option is to develop the property into three allotments which are held independently from one another. All the properties would have their own street frontage without a common driveway. An added bonus is there is currently an existing three-bedroom home that could be tenanted. Suggested rent return $360pw giving you an income while you go through the planning and approval process before construction commences of the new homes. Development approval had been granted by the Mount Barker District Council in 2015 but it has lapsed but can now be reapplied for. This property is well located in a quiet street just a short walk to the local Primary and High School as well as the nearby local sporting facilities. This is a rare and perfect opportunity that shouldn't be missed.

Features

3 bedrooms
1 bathroom
1 carspace
853 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Barker over the last 12 months, the estimated median property value of 3 James Street is $740.65k.

Median value
$740.65k
Estimated value range
$523.5k - $2m
Median days on market
27
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Barker. 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 3 James Street

2022
Sold
Undisclosed
Private Sale/Treaty on 21 Dec 2022 by David Tonks, of LJ Hooker Mount Barker

Happy sellers in Mount Barker

96%
96% of sellers in Mount Barker reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 35 reviews in Mount Barker over the last 12 months.

Local market activity for 3 bedroom houses in Mount Barker

In the last 12 months, 233 three-bedroom houses similar to 3 James Street, have been sold.

This represents a 3% decrease in three-bedroom houses sales when compared to the previous 12 months.

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