3 Masters Avenue, Oaklands Park, SA 5046 sold on 08 April 2025 | OnTheHouse
SOLD
Sold on 08 Apr 2025 for $1,275,000

3 Masters Avenue
Oaklands Park SA 5046

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 900m2
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Property Details for 3 Masters Ave, Oaklands Park

3 Masters Ave, Oaklands Park is a 3 bedroom, 2 bathroom House with 2 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. There are other 3 bedroom House sold in Oaklands Park in the last 12 months.

Building Type
House
Year Built
1955
Land Size
900m2
Local Government
Marion
Lot/Plan
A45/D5566

Last Listing description (January 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

A timeline of how this property has performed in the market
Last Sold
$1,275,000
08 Apr 2025
Listed for Rent
$370/w
28 Mar 2018
  • 08 Apr 2025
    Sold for $1,275,000
  • 07 Jan 2025
    Listed for Sale UNDER CONTRACT
  • 27 Mar 2018
    Listed for Rent - Price not available
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About Oaklands Park 5046

The size of Oaklands Park is approximately 2.0 square kilometres. It has 7 parks covering nearly 10.0% of 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 2,244 properties. Over the last 5 years, Houses in Oaklands Park have seen a 86.08% increase in median value, while Units have seen a 113.27% increase. As at 31 December 2025:

  • The median value for Houses in Oaklands Park is $988,091 while the median value for Units is $676,283.
  • Houses have a median rent of $655 while Units have a median rent of $505.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Oaklands park on OnTheHouse. According to Cotality's data, 143 properties were sold in the past 12 months in Oaklands park.

Suburb Insights for Oaklands Park 5046

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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.