Back 40 Farnham Terrace
Off Market

40 Farnham Terrace

Dernancourt SA 5075

3
1
2
850 m²
House
Last sold for $890,000
Gary MusolinoGary Musolino, last sold this property on 23 May 2025 after 16 days on market.

Overview

SOLD AT AUCTION !!

Offered for sale for the first time since the summer of 1972 due to a retirement move for the home's caring owner. This immaculate solid blonde brick home with contrasting dark terracotta tiled roof sits proudly on this huge elevated allotment with views spanning Black Hill and the Mount Lofty Ranges. The home is located in a quiet little cul-de-sac where the only traffic out the front should be your next door neighbour! Offering lofty ceilings, neutral tones, big front windows to bring in the views and a northerly rear aspect that is much sought after but sometimes rarely found. There is a large living room and adjacent to this a very good size family room. The kitchen has plenty of work space and opens into a dining space that can double as a living space as it is currently being presented. This floor plan is very flexible, so once you move in I'm sure you'll try a couple of options for set ups. There are 3 generous size bedrooms, the master is huge and has a built in robe. There is a drive through carport under main roof with a roller door and there is a very large rumpus room at the rear of the block which currently houses a pool table and heard many laughs in the past 5 decades. There's plenty of room out the back for children and pets and the location is convenient to the Dernancourt shopping centre approximately 350m away (or approximately 5 minute walk), a short stroll to the Torrens Linear Park trails, the bus stop is just around the corner on Lower North East Rd only approx a 3-4 minute walk away as well. BUYERS NOTE: The Vendor has instructed the Agent that they will not be considering offers prior to the Auction . To secure this wonderful opportunity you will need to bid at the Auction which is to be held on the property on Saturday 24th May 2025 at 11:00am sharp. Buyers will be required to register prior to bidding. Registration paperwork will be available at the property from 10:15am in the morning (photo I'd is required for registration) Settlement will be negotiable between 23rd June 2025 and 8th July 2025. Council Rates- $2,102.60 per annum (approx). SA Water rates $185.90 per quarter (approx). Emergency Services Levy $102.05 per annum (approx). Torrens Titled Certificate of title Vol 5690 folio 32 Land size totals 850sqm. (approx) Year built 1967 (approx) I know that this is a beautifully presented lovingly cared for family home that could be your new forever family home, however there will be buyers considering this property for its redevelopment potential (subject to all necessary consents). If so make your enquiries to the necessary authorities , do your due diligence and get yourself ready for Auction day! The Vendors Statement (Form 1) will be available for perusal by members of the public:- (A) at the office of the agent 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. *All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to property's land size, floorplans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
850 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Dernancourt over the last 12 months, the estimated median property value of 40 Farnham Terrace is $965k.

Median value
$965k
Estimated value range
$790k - $1.33m
Median days on market
22
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dernancourt. 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 40 Farnham Terrace

2025
Sold
$890,000
23 May 2025 by Gary Musolino, of Real Estate Partners SA

Happy sellers in Dernancourt

100%
100% of sellers in Dernancourt reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 3 reviews in Dernancourt over the last 12 months.

Local market activity for 3 bedroom houses in Dernancourt

In the last 12 months, 32 three-bedroom houses similar to 40 Farnham Terrace, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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