297/361 Downer AvenueLyrup SA 5343
Property Details for 297/361 Downer Ave, Lyrup
297/361 Downer Ave, Lyrup is a 3 bedroom, 1 bathroom House. The property has a floor size of 103m2.
Last Listing description (December 2015)
A well established freehold business and residence is being offered for sale to the next astute owner, who is willing to continue to serve the growing community of Lyrup. This business is perfect for a family to just reap the rewards and have the flexibility of working from home. The very healthy figures are a testament to the current owners who have maintained this established business which has been going since 1894 and is still strongly supplying the community, tourists and surrounding disticts. The Business offers a licensed post office, general store items, petrol, agencies for origin & elgas, dry cleaning and video hire. The premises consists of a large shop area, store room, office, three bedrooms, beautifully renovated kitchen and open plan lounge/dining area. There is plenty of shedding and storage area in the back garden which is fully enclosed. This is too good an opportunity to miss.
Property History for 297/361 Downer Ave, Lyrup, SA 5343
- 30 Oct 2015Listed for Sale $374,900 + SAV
- 30 Apr 2015Listed for Sale $374,900 + SAV
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About Lyrup 5343
The size of Lyrup is approximately 22.0 square kilometres. It has 3 parks covering nearly 21.2% of total area. The population of Lyrup in 2016 was 301 people. By 2021 the population was 346 showing a population growth of 15.0% in the area during that time. The predominant age group in Lyrup is 60-69 years. Households in Lyrup are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Lyrup work in a managers occupation.In 2021, 73.30% of the homes in Lyrup were owner-occupied compared with 75.80% in 2016.
Lyrup has 246 properties. Over the last 5 years, Houses in Lyrup have seen a 64.80% increase in median value. As at 31 December 2025:
- The median value for Houses in Lyrup is $439,567 while the median value for Units is $483,403.
- Houses have a median rent of $255.
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