3 Masters AvenueOaklands Park SA 5046
Property Details for 3 Masters Ave, Oaklands Park
3 Masters Ave, Oaklands Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 900m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
Last Listing description (April 2025)
Set on a prominent corner allotment spanning a generous 900sqm (approx.), this property offers endless potential in a highly sought-after and well-connected location. With significant redevelopment opportunities (STCC), the block's dual street frontage enhances its appeal, providing flexibility for subdivision or a contemporary redesign. This property is located in the General Neighbourhood Zone.
The home itself features three bedrooms, one bathroom and a thoughtfully renovated open-plan living, dining, and kitchen area, all bathed in natural light. A stunning Tasmanian Oak feature wall with built-in bookshelves adds charm and functionality, concealing a cleverly designed secret storage space ideal for wine or other valuables. Gas heating and split system air conditioning ensure year-round comfort in the main living areas, while ceiling fans provide additional convenience in two of the bedrooms.
Energy efficiency is a highlight, with a large solar system installed in 2014. Outside, the property boasts a spacious carport, a separate large shed, and a side entrance, providing ample parking for multiple vehicles. The expansive garden further enhances the property's versatility, whether for families seeking space or for developers exploring its immense potential.
Perfectly positioned close to Westfield Marion Shopping Centre and within walking distance of Oaklands Railway Station for direct CBD access, this property is ideal for those seeking both convenience and lifestyle. Families will appreciate its proximity to the prestigious Westminster School and the Oaklands Wetland Reserve. Whether you're looking to move straight in, develop, or invest, this exceptional offering is brimming with opportunity.
What we love:
• Large 900sqm (approx.) corner allotment with dual street frontage
• Significant redevelopment potential (STCC)
• Three bedrooms with ceiling fans in two rooms
• Renovated open-plan living, dining, and kitchen areas (2013)
• Tasmanian Oak feature wall with built-in bookshelves and secret storage space
• Gas heating in the main living area
• Two split system air conditioners in main living areas
• Two toilets for added convenience
• Large solar system installed in 2014
• Spacious carport and separate large shed
• Side entrance providing ample parking for multiple vehicles
• Expansive garden with potential for landscaping or development
• Close to Westfield Marion Shopping Centre
• Walking distance to Oaklands Railway Station for direct CBD access
• Proximity to Westminster School and Oaklands Wetland Reserve
Specifications
Title: Torrens
Year built: 1955
Land size: 900 sqm (approx.)
Council rates: $2,112.79 per annum
ESL: $362.70 per annum
Water rates: $78.60 per quarter
Sewer rates: $129.07 per quarter
Heating & Cooling: Gas heating in main living area; 2 split system air conditioners in main living areas; ceiling fans in 2 bedrooms.
Hot water: Gas
Currently tenanted for $520 per week until September 2025.
Auction: Thursday 23rd of January at 2pm.
Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.
The vendor's statement may be inspected at Level 12/760 Anzac Highway, Glenelg, SA 5045 for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.
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.
Property History for 3 Masters Ave, Oaklands Park, SA 5046
- 08 Apr 2025Sold for $1,275,000
- 07 Jan 2025Listed for Sale UNDER CONTRACT
- 27 Mar 2018Listed for Rent - Price not available
Recent sales nearby
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About Oaklands Park 5046
The size of Oaklands Park is approximately 2.0 square kilometres. There are 7 parks, covering nearly 10.0% of the total area. The population of Oaklands Park in 2016 was 3841 people. By 2021 the population was 3948 showing a population growth of 2.8% in the area during that time. The predominant age group in Oaklands Park is 20-29 years. Households in Oaklands Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oaklands Park work in a professional occupation.In 2021, 48.30% of the homes in Oaklands Park were owner-occupied compared with 45.90% in 2016.
Oaklands Park has 2,253 properties. Over the last 5 years, Houses in Oaklands Park have seen a 75.61% increase in median value, while Units have seen a 92.63% increase. As at 31 August 2026:
- The median value for Houses in Oaklands Park is $1,031,664 while the median value for Units is $669,309.
- Houses have a median rent of $650 while Units have a median rent of $528.
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