965 Stebonheath Road, Munno Para West, SA 5115 | Property Value & History | OnTheHouse
OFF MARKET

965 Stebonheath Road
Munno Para West SA 5115

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 393m2
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Property Details for 965 Stebonheath Rd, Munno Para West

965 Stebonheath Rd, Munno Para West is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 393m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in August 2010.

Building Type
House
Year Built
2011
Floor Size
123m2
Land Size
393m2
Local Government
Playford
Lot/Plan
A14/D84581

Last Listing description (June 2018)

WOW! Perfect Investment or First Home!
Perfect for the first home buyer time or astute property investor with the added benefit of the remaining term of the government NRAS grant.
Built in 2011, this 3-bedroom, 2-bathroom home offers comfort and contemporary living.

With its modern facade and outcropped porch, you just want to see more. When you step inside you re greeted by the large separate lounge room, perfect to relax and watch a movie in peace or for the kids to play.
Venture to the rear of the property where you find the open plan kitchen, dine & family room where you can spread out and relax or come together with the whole family. The entire area is surrounded by large windows which allow plenty of natural light to filter through. All with floating floors to ensure easy care cleaning and low allergenic living.
The modern kitchen with island bench overlooks the dining and family room so there is no reason for missing out on the action! There is plenty of cupboard space with a large pantry and European stainless-steel appliances including a gas cook top, electric oven and range hood which will sure to impress the home cook or entertainer.
The master bedroom is ideally located at the front of the home for peace and privacy boasting a walk-in robe and large modern ensuite for your comfort. Bedrooms 2 and 3 are privately positioned down a separate passageway and both have built in robes. All bedrooms are carpeted for that warm and cosy feel.
The main bathroom is centrally located and has light and bright colour tones. There is a separate bath and shower for your convenience. To the rear of the house is a separate laundry with access to the rear yard.
Outside is the low maintenance back yard with grassed area - perfect for the kids to play on or pets to enjoy.
Further features with this property include:
Split system air conditioning for all year round comfort.
Single width garage with access to the rear yard.
Playford Alive Town Park is approximately 1km away where you have access to shopping, medical centre and cafes. The Munno Para Shopping City is also approximately 4km away. Bus stops, schools and reserves are close by which is an exceptionally convenient location for investors, couples, first home buyers and young families alike.
This established property is part of the National Rental Affordability Scheme (NRAS) and is currently tenanted at an NRAS rent of $245.00 per week (discounted rent), with an annual tax free grant of $11,114.33 provided to the owner. The property was activated into the NRAS scheme 08/06/2011 giving just over 3.5 years of remaining grants to the investor. (Fees and charges are applicable so must be taken into consideration when completing due diligence. Estimated costs can be obtained by interested parties.)
What is NRAS?
NRAS (National Rental Affordability Scheme) is a 10 year Government program whereby investors receive an annual indexed grant, which for the 2016/17 year is $11,114.33p.a in return for offering a 20% rent discount to eligible tenants.
Although it is anticipated that investors will be attracted to purchasing this property due to the NRAS incentive, it is also possible for an owner occupier to purchase this home and move in once the tenants vacate, so feel free to discuss your particular situation with us.
For more information on the NRAS scheme visit:
https:/?/?www.sa.gov.au/?topics/?housing/?renting-and-letting/?national-re ntal-affordability-scheme-nras
Or contact your friendly sales consultant, Roger Wolf from AdProp, on mobile 0477 779 866.
RLA 199528

Property History for 965 Stebonheath Rd, Munno Para West, SA 5115

A timeline of how this property has performed in the market
Last Sold
$127,500
03 Aug 2010
Listed for Rent
$245/w
26 Jul 2017
  • 19 Feb 2018
    Listed for Sale $249,900
  • 05 Jul 2017
    Listed for Rent - Price not available
  • 14 Nov 2015
    Listed for Sale P.O.A.
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About Munno Para West 5115

The size of Munno Para West is approximately 3.8 square kilometres. It has 11 parks covering nearly 1.9% of total area. The population of Munno Para West in 2016 was 5909 people. By 2021 the population was 7577 showing a population growth of 28.2% in the area during that time. The predominant age group in Munno Para West is 0-9 years. Households in Munno Para West are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Munno Para West work in a community and personal service occupation.In 2021, 57.40% of the homes in Munno Para West were owner-occupied compared with 52.40% in 2016.

Munno Para West has 4,043 properties. Over the last 5 years, Houses in Munno Para West have seen a 124.94% increase in median value, while Units have seen a 154.53% increase. As at 30 November 2025:

  • The median value for Houses in Munno Para West is $708,112 while the median value for Units is $568,065.
  • Houses have a median rent of $550 while Units have a median rent of $293.
There are currently 26 properties listed for sale, and 22 properties listed for rent in Munno para west on OnTheHouse. According to Cotality's data, 361 properties were sold in the past 12 months in Munno para west.

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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.