5 Jacob StreetMarion SA 5043
Property Details for 5 Jacob St, Marion
5 Jacob St, Marion is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1968. The property has a land size of 800m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Last Listing description (May 2026)
MORE PROPERTIES WANTED! Call Ashley Williams 0450327772 IF YOU ARE THINKING OF SELLING or For a Free market update.
Positioned on a generous allotment in high demand suburb, this property offers immediate rental return with outstanding future development potential (subject to council consent).
Rare opportunity set in a tightly held and rapidly evolving location, 5 Jacob Street, Marion presents a chance to secure a substantial allotment with the potential to develop 2 or 3 new homes (STCC) and lifestyle amenities nearby.
Set on a generous 800sqm (approx.) this is perfectly positioned for families, investors, or developers seeking premium location, lifestyle convenience, and future growth. With the potential to renovate or build (subject to council consent), this property offers immediate rental income while unlocking incredible long-term value.
The existing three-bedroom, one-bathroom home features a large lounge, kitchen and dining area, garage, and tandem carport, providing practical living and holding potential while you plan your next move.
What you will love:
-800sqm (approx.) allotment with strong redevelopment scope
-Potential for 2-3 new dwellings (STCC)
-Currently tenanted - earn rental income immediately
-Solid home ideal for holding, renovating, & subdivision! You decide. Some fruit trees.
-High-demand suburb with ongoing infill development
Lifestyle & Location Highlights:
-Close to Westminster School and other quality schools
-Minutes to Flinders University & Flinders Medical Centre
-Quick access to the Adelaide CBD via major roads and public transport
-Short drive to Westfield Marion Shopping Centre for shopping, dining, and entertainment
-Near beaches of Brighton and popular Glenelg, parks, and family-friendly recreational facilities
- Flinders University and Flinders Hospital
Perfect balance of convenience, lifestyle, and growth potential
Properties like this rarely come to market in Marion. Don't miss your chance to secure a tenanted home with immediate income and future development upside.
To inspect or submit an offer before it's gone, call Ashley Williams today 0450327772
Disclaimer: All images are for illustration purposes only. All descriptions have been prepared in good faith. No warranty or representation is given as to the correctness of the information provided with neither the vendor or agent accepting responsibility or liability for any errors or omissions. Purchasers should seek independent advice or as otherwise necessary prior to purchase.
RLA 280800
Property History for 5 Jacob St, Marion, SA 5043
- 01 May 2026Sold for $1,380,000
- 17 Apr 2025Listed for Sale BEST OFFER
- 11 Oct 2022Listed for Rent $535 / week
Recent sales nearby
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About Marion 5043
The size of Marion is approximately 2.0 square kilometres. It has 11 parks covering nearly 10.2% of total area. The population of Marion in 2016 was 3902 people. By 2021 the population was 4101 showing a population growth of 5.1% in the area during that time. The predominant age group in Marion is 20-29 years. Households in Marion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marion work in a professional occupation.In 2021, 63.70% of the homes in Marion were owner-occupied compared with 65.80% in 2016.
Marion has 1,886 properties. Over the last 5 years, Houses in Marion have seen a 95.86% increase in median value, while Units have seen a 125.65% increase. As at 31 March 2026:
- The median value for Houses in Marion is $1,115,133 while the median value for Units is $701,987.
- Houses have a median rent of $670 while Units have a median rent of $620.
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