5 Richman StreetOaklands Park SA 5046
Property Details for 5 Richman St, Oaklands Park
5 Richman St, Oaklands Park is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 937m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (May 2023)
At a time when being closer to the extended family means a lot and finding crafty ways to supplement your income is a road worth considering, number 5 Richman Street comes along with its two separate dwellings on a parcel of some 930sqm and says, "I can do that".
You can do many things with a sub-dividable (STCC) block like this, whether you have bold plans to build one or up to 6 new dwellings.
What you've got is not only a solid brick 3-4-bedroom main home with multiple living zones and the scope to renovate or extend, but also a rear self-contained 2-bedroom home with open-plan kitchen/living, study and so many possibilities in the way you use it.
Will you live in the front home and rent out the rear? Vice versa? Have you finally found a place for the grandparents? Or do you see two valuable income streams you can manage with ease while you plot the next move.
Just a stroll from Westfield Marion and local sporting ovals and a short drive from the metro coast, moving at a leisurely pace is what Oaklands Park is all about, appealing to young families and astute investors alike. A smart choice, no matter how you look at it.
More to love:
- Walking distance from Goodlife Health Club, Marion Aquatic Centre and Westfield's cinema and shopping precinct
- Close to an array of public transport options, including Marion Interchange
- Heating and cooling provisions to both homes
- Rear dwelling features French doors that open out to the quaint rear garden
- Plenty of off-street parking
- Large storage shed/garage to rear
- Two bedrooms and a study to rear dwelling
- Loads of storage to both homes
- Easy-care established gardens
- Close to a range of schools
- Less than 10 minutes from the beach
- And much more
Specifications:
CT / 5625/777
Council / City of Marion
Zoning / Housing Diversity Neighbourhood
Built / 1962
Land / 934m2
Frontage / 18.58m
Council Rates / $1934.37pa
Emergency Services Levy / $161.59pa
SA Water / $188.13pq
Estimated rental assessment / $590 to $630 per week let together (Written rental assessment can be provided upon request)
Nearby Schools / Darlington P.S, Marion P.S, Warradale P.S, Clovelly Park P.S, Seaview H.S, Springbank Secondary College.
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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Property History for 5 Richman St, Oaklands Park, SA 5046
- 26 May 2023Sold for $1,085,000
- 07 Feb 2023Listed for Rent $450 / week
- 06 Oct 2022Listed for Sale Contact Agent
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 2,245 properties. Over the last 5 years, Houses in Oaklands Park have seen a 81.04% increase in median value, while Units have seen a 104.95% increase. As at 31 May 2026:
- The median value for Houses in Oaklands Park is $1,036,711 while the median value for Units is $677,211.
- Houses have a median rent of $680 while Units have a median rent of $525.
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