392 Goodwood Road, Cumberland Park, SA 5041 sold on 13 October 2025 | OnTheHouse
SOLD
Sold on 13 Oct 2025 for $2,084,500

392 Goodwood Road
Cumberland Park SA 5041

Bedrooms: -
Bathrooms: -
Car spaces: 12
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Property Details for 392 Goodwood Rd, Cumberland Park

Building Type
Commercial
Year Built
1900
Local Government
Mitcham
Lot/Plan
A201/F11651

Last Listing description (January 2018)

Prominently located villa offices with excellent amenities on large land holding of approx 952 sqm with ample on-site parking at rear.

Improvements:
Comprise bluestone villa, which has been reconfigured/extended to accommodate 8 main rooms together with male/female amenities and small kitchenette. The main premises have an overall area of about 200 sqm, and include male and female toilet amenities, reverse cycle ceiling ducted heating/cooling and data cabling. In addition a stand alone garage of approx 33 sqm is located on the land, with on-site parking at the rear for about 12 vehicles.
Site Details:

The land is rectangular in shape with a frontage to Goodwood Road; an overall land area of approx 952 sqm.
Terms:
The premises are available for immediate letting (to an approved Tenant) and if let as is, rent sought is $45,000.00 PA (GST exclusive) with Tenant to also pay all Statutory Charges except State Land Tax.
Based on this rating years assessments referred to as outgoings are (all GST exclusive):
Council Rates $2,900.00 PA
Water + Sewer Rates $1,000.00 PA
Emergency Services Levy $700.00 PA
Landlord building insurance premium $3, 000.00 PA
A minimum lease term of 2 years is seen as essential with option to extend to be provided for. Alternatively, the freehold is available for Sale and Purchase at a price of $975,000.00, plus any GST which may be payable.

Property History for 392 Goodwood Rd, Cumberland Park, SA 5041

A timeline of how this property has performed in the market
Last Sold
$2,084,500
13 Oct 2025
  • 19 Dec 2017
    Listed for Rent - Price not available
  • 03 Oct 2017
    Listed for Rent - Price not available
  • 17 Jul 2017
    Listed for Rent - Price not available
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About Cumberland Park 5041

The size of Cumberland Park is approximately 1.0 square kilometres. There is 1 park, covering nearly 3.0% of the total area. The population of Cumberland Park in 2016 was 2498 people. By 2021 the population was 2571 showing a population growth of 2.9% in the area during that time. The predominant age group in Cumberland Park is 50-59 years. Households in Cumberland Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cumberland Park work in a professional occupation.In 2021, 74.20% of the homes in Cumberland Park were owner-occupied compared with 71.40% in 2016.

Cumberland Park has 1,134 properties. Over the last 5 years, Houses in Cumberland Park have seen a 69.21% increase in median value, while Units have seen a 93.38% increase. As at 31 August 2026:

  • The median value for Houses in Cumberland Park is $1,573,704 while the median value for Units is $712,943.
  • Houses have a median rent of $750 while Units have a median rent of $498.
There are currently 1 property listed for sale, and no properties listed for rent in Cumberland park on OnTheHouse. According to Cotality's data, 45 properties were sold in the past 12 months in Cumberland park.

Suburb Insights for Cumberland Park 5041

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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.