23 Rymill Road Somerton Park SA 5044

4 / 3 / 4 / 461 m²

Here you can find what you need to know about 23 Rymill 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 Somerton Park, SA and much more.

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23 Rymill Road Estimated Value

$2,800,000 - $3,000,000

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Last sold for $2,700,000 on 29 Jun 2023

Sale Type: Consideration Represents Whole Interest For Property

Mortgage Repayment	$3,353 pw
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.
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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	3
Car Spaces	4
Land Size	461 m²
Floor Area	313 m²
House Type	House

Council Area	Holdfast Bay
Year Built	2021
Zone	n/a
Lot/Plan	3/D125240 Somerton Park SA
Property Type	House

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Neighbourhood

Suburb Insights

Somerton Park, SA 5044

Part of: Holdfast Bay Council

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Somerton Park, SA 5044

Part of: Holdfast Bay Council No data available

The size of Somerton Park is approximately 2.3 square kilometres. It has 6 parks covering nearly 2.7% of total area. The population of Somerton Park in 2011 was 5,387 people. By 2016 the population was 5,544 showing a population growth of 2.9% in the area during that time. The predominant age group in Somerton Park is 50-59 years. Households in Somerton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerton Park work in a professional occupation. In 2011, 65% of the homes in Somerton Park were owner-occupied compared with 68.3% in 2016. (source: Australian Bureau of Statistics)

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Somerton Park, SA 5044

Part of: Holdfast Bay Council No data available

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11 km

Distance from Adelaide CBD

Population

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Somerton Park for Houses in last 12 months

Last 12 months in Somerton Park SA 5044 View Suburb Profile

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$1.7M Median Value
73 Properties sold
$690pw Median Rent
2.5% Median Gross Yield
43 Average Days on Market
-5.2% Average Vendor Discount
25.0% Median Sale Price Change (1yr)

There have been 73 Houses sold in Somerton Park in the past 12 months with a median sale price of $1.6M, up 25.0% annually. It takes on average 43 days to sell with vendor discounting of -5.2%.

People also viewed

23 Rossall Road Somerton Park, SA 5044 4 / 2 / 2 Recently sold $2,325,000

5 Aldridge Avenue Plympton Park, SA 5038 3 / 2 / 3 Recently sold $850,000

21 Rymill Road Somerton Park, SA 5044 4 / 2 / 2 Last sold on 19 Jan 2024 $2,500,000

31 Harvey Avenue Walkley Heights, SA 5098 3 / 2 / 2 Last sold on 27 Feb 2014 $197,500

1A Comley St Brighton, SA 5048 4 / 2 / 2

23 Rossall Road 4/ 2/ 2 Recently sold

5 Aldridge Avenue 3/ 2/ 3 Recently sold

21 Rymill Road 4/ 2/ 2 Last sold on 19 Jan 2024

31 Harvey Avenue 3/ 2/ 2 Last sold on 27 Feb 2014

1A Comley St 4/ 2/ 2

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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
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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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