50 Lorraine AvenuePara Vista SA 5093
Property Details for 50 Lorraine Ave, Para Vista
50 Lorraine Ave, Para Vista is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 706m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (September 2024)
Attention all developers and renovators! This unique property is your chance to secure a prime corner block in the sought-after suburb of Para Vista. Situated on a generous allotment of 706m2, 50 Lorraine Avenue presents endless possibilities for those with a vision.
The current dwelling features three bedrooms, one bathroom, and an upstairs living/rumpus room.
Although the existing structure is in a very run-down condition, its true value lies in the potential for redevelopment or extensive renovation. The spacious corner block offers flexibility for innovative designs and layouts, making it perfect for those looking to create something truly special.
Key Features:
Prime corner block location
706m2 of land size approx.
Torrens titled
Generous allotment with ample space
Ideal for developers looking to demolish and rebuild
Perfect for renovators with a creative vision
Potential for innovative designs and layouts
Not to mention this home is also situated in a perfect location, close to all important amenities including Westfield Tea Tree Plaza, Modbury Hospital, various parks and reserves, public transport and a short drive to the CBD.
This property is an unpolished gem waiting for the right buyer to unlock its full potential. Whether you're a developer aiming to build new residences or a renovator ready to transform the existing structure, 50 Lorraine Avenue is an opportunity not to be missed.
While we have made every possible effort to ensure that the information provided is accurate, Ray White Hillcrest accepts no liability for any inaccuracies or exclusions (including but not limited to a property's land size, floor plans and size, overall condition). We recommend that if you are interested, to make your own inquiries and obtain your own legal advice where necessary.
RLA: 319212
Property History for 50 Lorraine Ave, Para Vista, SA 5093
- 25 Sep 2024Sold for $730,000
- 07 Aug 2024Listed for Sale Auction 25th of August @ 01:00pm
- 26 Jun 2015Sold for $290,000
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About Para Vista 5093
The size of Para Vista is approximately 1.5 square kilometres. There are 12 parks, covering nearly 12.7% of the total area. The population of Para Vista in 2016 was 2904 people. By 2021 the population was 3023 showing a population growth of 4.1% in the area during that time. The predominant age group in Para Vista is 30-39 years. Households in Para Vista are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Para Vista work in a trades occupation.In 2021, 65.50% of the homes in Para Vista were owner-occupied compared with 67.10% in 2016.
Para Vista has 1,421 properties. Over the last 5 years, Houses in Para Vista have seen a 118.44% increase in median value, while Units have seen a 139.00% increase. As at 31 July 2026:
- The median value for Houses in Para Vista is $899,711 while the median value for Units is $514,030.
- Houses have a median rent of $620 while Units have a median rent of $285.
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