10/116 Lipsett Terrace, Brooklyn Park, SA 5032 | Property Value & History | OnTheHouse
OFF MARKET

10/116 Lipsett Terrace
Brooklyn Park SA 5032

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 13m2
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Property Details for 10/116 Lipsett Tce, Brooklyn Park

10/116 Lipsett Tce, Brooklyn Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 13m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
1970
Floor Size
65m2
Land Size
13m2
Local Government
West Torrens
Lot/Plan
U10/S2981

Last Listing description (April 2024)

This well-positioned unit presents an excellent opportunity for both first-time buyers and investors alike. With its attractive features and reliable returns, it offers a great entry point into the thriving western suburbs. The open-plan living and dining area, along with the spacious kitchen and two bedrooms, provide ample space for comfortable living. The master bedroom even comes with built-in cupboards for added convenience. Plus, with the combined bathroom and laundry, everyday needs are easily catered for. Additionally, the unit's first-floor position in a tidy group ensures a peaceful and private living environment, with the carpark located at the front of the group.

A standout feature of this unit is its unbeatable location. Its proximity to beautiful beaches, schools, shops, and public transport further enhances its appeal, making it an attractive option for those seeking a convenient and enjoyable lifestyle in Adelaide's western suburbs.

With the potential to be a lucrative investment option, providing reliable returns for savvy investors. The affordability of this unit, combined with its potential for growth in the ever-growing western suburbs, makes it a smart choice for both buyers and investors. Don't miss out on this chance to secure a well-located property that offers both comfort and financial benefits.

SPECIFICATIONS:

CT // 5034/247
Zoning // General Neighbourhood
Council // City of West Torrens
Council Rates // $1,084.25 per annum
SA Water // $153.70 per quarter + 1/23 share of usage
ESL // $87.00 per annum
Body Corp Manager // UnitCare
Body Corp Fees // $350.00.00 per quarter
Tenancy // Periodical @ $320pw

DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion.

If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority.

Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.

RLA 46442

Property History for 10/116 Lipsett Tce, Brooklyn Park, SA 5032

A timeline of how this property has performed in the market
Last Sold
$354,000
01 May 2024
Listed for Rent
$220/w
25 Sep 2012
  • 01 May 2024
    Sold for $354,000
  • 18 Mar 2024
    Listed for Sale $315,000 - $335,000
  • 13 Oct 2013
    Sold for $216,500
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About Brooklyn Park 5032

The size of Brooklyn Park is approximately 1.5 square kilometres. It has 5 parks covering nearly 0.7% of total area. The population of Brooklyn Park in 2016 was 4781 people. By 2021 the population was 5040 showing a population growth of 5.4% in the area during that time. The predominant age group in Brooklyn Park is 30-39 years. Households in Brooklyn Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brooklyn Park work in a professional occupation.In 2021, 55.60% of the homes in Brooklyn Park were owner-occupied compared with 54.70% in 2016.

Brooklyn Park has 2,344 properties. Over the last 5 years, Houses in Brooklyn Park have seen a 90.71% increase in median value, while Units have seen a 107.90% increase. As at 31 January 2026:

  • The median value for Houses in Brooklyn Park is $1,156,241 while the median value for Units is $549,424.
  • Houses have a median rent of $605 while Units have a median rent of $475.
There are currently 4 properties listed for sale, and 9 properties listed for rent in Brooklyn park on OnTheHouse. According to Cotality's data, 91 properties were sold in the past 12 months in Brooklyn park.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.