18 Pegasi Ave, Hope Valley is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1965. While the property is not currently for sale or for rent, it was last sold in January 2025.
If you have been searching for your 1st home, an investment in a great location or prospective development site (subject to local council consent), this 3-bedroom solid brick home presents all these possibilities including the potential to renovate as a project or long-term home.
*Currently tenanted on a fixed term until August 2025 at $475 p/w.
With previously council approved division plans available to view, the 19.8m frontage and 705sqm land size is suitable for 2 brand new homes to be built. The northeastern suburbs continue to attract families with its friendly community and convenient amenities including the local o-bahn at Tea Tree Plaza providing a quick commute into the Adelaide CBD.
Offering the following features:
- 19.8m (approx.) frontage width
- Large shed + twin width carport
- Gas stove & oven
- Air conditioning
- 2.6m ceiling height
- Sub-division potential subject to local council consent
- Nil Easements
Within a short drive to local amenities and schools including:
- 2.5km to Tea Tree Plaza
- 400m walk to Torrens Valley Christian School
- Under 1km walk to a variety of public Primary & Secondary schools
- Waterworld Outdoor Aquatic Centre (4kms)
- 12kms to Adelaide CBD
For more information phone Scott Newton on 0427 265 012.
Specifications:
CT / 5595/552
Council / Tea Tree Gully
Zoning / GN
Built / 1965
Land /705m2 (approx)
Frontage / 19.81m
Estimated rental assessment / $470 - $510 per week / Written rental assessment can be provided upon request
Nearby Schools / Ardtornish P.S, Highbury P.S, Modbury South P.S, St Agnes School P-6, Modbury School P-6, Modbury H.S
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 330069
The size of Hope Valley is approximately 5.1 square kilometres. It has 23 parks covering nearly 35.0% of total area. The population of Hope Valley in 2016 was 7887 people. By 2021 the population was 8184 showing a population growth of 3.8% in the area during that time. The predominant age group in Hope Valley is 30-39 years. Households in Hope Valley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hope Valley work in a professional occupation.In 2021, 66.40% of the homes in Hope Valley were owner-occupied compared with 65.20% in 2016.
Hope Valley has 3,345 properties. Over the last 5 years, Houses in Hope Valley have seen a 102.05% increase in median value, while Units have seen a 114.57% increase. As at 31 March 2026:
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