5 Jacob St

Marion SA 5043

125 m²

800 m²

House

Last sold for $1,380,000

Ashley Williams, last sold this property on 20 March 2026 after 49 days on market.

Overview

UNDER CONTRACT! BLUE CHIP MARION OPPORTUNITY TO DEVELOP On 800sqm (STCC)

MORE PROPERTIES WANTED! Call Ashley Williams 0450327772 IF YOU ARE THINKING OF SELLING or For a Free market update. Positioned on a generous allotment in high demand suburb, this property offers immediate rental return with outstanding future development potential (subject to council consent). Rare opportunity set in a tightly held and rapidly evolving location, 5 Jacob Street, Marion presents a chance to secure a substantial allotment with the potential to develop 2 or 3 new homes (STCC) and lifestyle amenities nearby. Set on a generous 800sqm (approx.) this is perfectly positioned for families, investors, or developers seeking premium location, lifestyle convenience, and future growth. With the potential to renovate or build (subject to council consent), this property offers immediate rental income while unlocking incredible long-term value. The existing three-bedroom, one-bathroom home features a large lounge, kitchen and dining area, garage, and tandem carport, providing practical living and holding potential while you plan your next move. What you will love: -800sqm (approx.) allotment with strong redevelopment scope -Potential for 2-3 new dwellings (STCC) -Currently tenanted - earn rental income immediately -Solid home ideal for holding, renovating, & subdivision! You decide. Some fruit trees. -High-demand suburb with ongoing infill development Lifestyle & Location Highlights: -Close to Westminster School and other quality schools -Minutes to Flinders University & Flinders Medical Centre -Quick access to the Adelaide CBD via major roads and public transport -Short drive to Westfield Marion Shopping Centre for shopping, dining, and entertainment -Near beaches of Brighton and popular Glenelg, parks, and family-friendly recreational facilities - Flinders University and Flinders Hospital Perfect balance of convenience, lifestyle, and growth potential Properties like this rarely come to market in Marion. Don't miss your chance to secure a tenanted home with immediate income and future development upside. To inspect or submit an offer before it's gone, call Ashley Williams today 0450327772 Disclaimer: All images are for illustration purposes only. All descriptions have been prepared in good faith. No warranty or representation is given as to the correctness of the information provided with neither the vendor or agent accepting responsibility or liability for any errors or omissions. Purchasers should seek independent advice or as otherwise necessary prior to purchase. RLA 280800

Features

3 bedrooms

1 bathroom

5 carspaces

2 carport spaces

2 open car spaces

1 garage space

125 m² floor area

800 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Marion over the last 12 months, the estimated median property value of 5 Jacob St is $969k.

Median value

$969k

Estimated value range

$813k - $1.86m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Marion. 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 5 Jacob St

2026

Sold

$1,380,000

20 Mar 2026 by Ashley Williams, of Selling SA Homes

2022

Rented

Undisclosed

Leased on 27 Oct 2022 by Selling SA Homes

2017

Sold

Undisclosed

Private Sale/Treaty on 21 Aug 2017 by Jayne Corless, of Selling SA

Happy sellers in Marion

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