7/118 Lipsett TerraceBrooklyn Park SA 5032
Property Details for 7/118 Lipsett Tce, Brooklyn Park
7/118 Lipsett Tce, Brooklyn Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 83m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Brooklyn Park in the last 12 months.
Last Listing description (May 2026)
Auction: 28th March 2026 at 1:30pm - onsite (USP)Gavl: https://x5u9a.app.goo.gl/7sGbEReady for someone with vision, the property offers a solid foundation and the chance to update and transform the space to suit your style. The existing original kitchen has already been removed but includes an oven and provides a starting point for a future upgrades, while the simple layout allows plenty of scope to modernize and create a comfortable, low-maintenance home.Located within easy reach of the Adelaide CBD, local shops, schools and public transport, the position alone makes this an exciting prospect for those looking to capitalise on potential.Features include: Single-storey unit in a convenient location Private rear courtyard Suitable for budding or experienced renovators Low-maintenance layout with potential to modernise possibly creating instant equity Close to transport, shops, schools and local amenities Easy access to both the city and the coastSchool Zones:Lockleys Primary
Property History for 7/118 Lipsett Tce, Brooklyn Park, SA 5032
- 22 Apr 2026Sold for $515,500
- 11 Mar 2026Listed for Sale $410,000
- 26 Jul 1999Sold for $54,000
Recent sales nearby
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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 2,345 properties. Over the last 5 years, Houses in Brooklyn Park have seen a 71.17% increase in median value, while Units have seen a 105.09% increase. As at 30 April 2026:
- The median value for Houses in Brooklyn Park is $1,122,621 while the median value for Units is $573,204.
- Houses have a median rent of $660 while Units have a median rent of $480.
Suburb Insights for Brooklyn Park 5032
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