5 Parkwood GroveMitchell Park SA 5043
Property Details for 5 Parkwood Gr, Mitchell Park
5 Parkwood Gr, Mitchell Park is a 7 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 751m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in October 2013.
Last Listing description (October 2013)
Mitchell Park is fast becoming one of Adelaide's most sought after suburbs. Its close proximity to shopping, transport, schools and amenities make this a popular destination for families and people looking to break into the property market.
This property represents a great opportunity and even better value. The main home has a spacious open plan kitchen, dining and living area, two bathrooms and three bedrooms.
At the rear of the home there are an additional 4 bedrooms... Yes 4 bedrooms! That makes 7 in total.
The yard is spacious and has a pool at the back of the block however this is inactive.
The potential for excellent income is high with the property previously being leased out as shared accommodation where the renal income was $840 per week.
A great investment, renovator or development site (STCC). A buyer could swoop this up and the rental return being cash flow positive will take care of the mortgage for you.
Property History for 5 Parkwood Gr, Mitchell Park, SA 5043
- 11 Oct 2013Sold for $396,000
- 10 Sep 2013Listed for Sale $375,000- $385,000
- 07 Sep 2012Listed for Sale $450,000
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About Mitchell Park 5043
The size of Mitchell Park is approximately 2.1 square kilometres. It has 8 parks covering nearly 6.8% of total area. The population of Mitchell Park in 2016 was 5465 people. By 2021 the population was 5754 showing a population growth of 5.3% in the area during that time. The predominant age group in Mitchell Park is 30-39 years. Households in Mitchell Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mitchell Park work in a professional occupation.In 2021, 47.00% of the homes in Mitchell Park were owner-occupied compared with 47.00% in 2016.
Mitchell Park has 2,746 properties. Over the last 5 years, Houses in Mitchell Park have seen a 92.81% increase in median value, while Units have seen a 111.74% increase. As at 31 December 2025:
- The median value for Houses in Mitchell Park is $932,904 while the median value for Units is $658,132.
- Houses have a median rent of $650 while Units have a median rent of $520.
Suburb Insights for Mitchell Park 5043
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