183 South Road Mile End SA 5031

4 / 1 / - / 446 m²

Here you can find what you need to know about 183 South Road , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Mile End, SA and much more.

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183 South Road Estimated Value

$800,000 - $900,000

Medium confidence estimate
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Last sold for $600,000 on 28 Jan 2022

Sale Type: Consideration Represents Whole Interest For Property

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated Rent	Upgrade to Premium
Gross Cashflow	Unavailable
Estimated Gross Yield	Upgrade to Premium
Natural Hazard Risk	Upgrade to Premium

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Pros & Cons

Things to like

Above market cashflow potential
Cheaper than comparable properties
Low risk of losing value

Things to look out for

Slower growth than market average

Investment Strategy Scores

No Investor Scores available for this property

About this Property

Details

Bedrooms	4
Bathrooms	1
Car Spaces	-
Land Size	446 m²
Floor Area	-
House Type	House

Council Area	West Torrens
Year Built	1923
Zone	n/a
Lot/Plan	50/D36019 Mile End SA
Property Type	House

Property Timeline

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Comparable properties

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Neighbourhood

Suburb Insights

Mile End, SA 5031

Part of: West Torrens Council

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Mile End, SA 5031

Part of: West Torrens Council No data available

The size of Mile End is approximately 1.8 square kilometres. It has 4 parks covering nearly 1.3% of total area. The population of Mile End in 2011 was 4,412 people. By 2016 the population was 4,447 showing a population growth of 0.8% in the area during that time. The predominant age group in Mile End is 20-29 years. Households in Mile End are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mile End work in a professional occupation. In 2011, 51.9% of the homes in Mile End were owner-occupied compared with 51.3% in 2016. (source: Australian Bureau of Statistics)

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Mile End, SA 5031

Part of: West Torrens Council No data available

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3 km

Distance from Adelaide CBD

Population

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Mile End for Houses in last 12 months

Last 12 months in Mile End SA 5031 View Suburb Profile

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$1.1M Median Value
55 Properties sold
$605pw Median Rent
3.3% Median Gross Yield
39 Average Days on Market
-4.5% Average Vendor Discount
12.6% Median Sale Price Change (1yr)

There have been 55 Houses sold in Mile End in the past 12 months with a median sale price of $980K, up 12.6% annually. It takes on average 39 days to sell with vendor discounting of -4.5%.

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Natural Hazard Risk

Any hazard data or information is generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of property hazard risk (Hazard Data). Hazard Data is indicative only and not intended to replace obtaining specific professional advice in relation to such information. Any Hazard Data does not take into account all matters that may be relevant for determining relevant hazards, and the recipient acknowledges and accepts:

it is not based on any site-specific geological or engineering investigation at the relevant property;
the Hazard Data is not a geological or engineering report for a property and does not replace the need for a site inspection in relation to issues relating to geological, foundation, or other hazard-related conditions at the relevant property; and
the information and data contained in the Hazard Data has been obtained from a variety of third party sources and does not specifically originate from CoreLogic.

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Risk Rating Definitions

The following Risk Ratings are generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of coastal erosion risk:

Very High Risk : Risk of gradual coastal erosion reaching dwelling within 30 years and/or very high risk of significant storm surge impact.
High Risk : Risk of gradual coastal erosion reaching dwelling within 60 years and/or high risk of significant storm surge impact.
Medium Risk : Risk of gradual coastal erosion reaching dwelling within 120 years and/or medium risk of significant storm surge impact.
Low Risk : Risk of gradual coastal erosion reaching dwelling within 240 years and/or low risk of significant storm surge impact.
No Risk : Gradual coastal erosion likely to reach dwelling in more than 240 years OR no rate of retreat (stable coastline) and distance from coast and/or elevation above maximum expected storm surge height.

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