5 Formby CrescentPort Adelaide SA 5015
Property Details for 5 Formby Cres, Port Adelaide
5 Formby Cres, Port Adelaide is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1998. The property has a land size of 302m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (November 2021)
Perfectly positioned overlooking Joyce Snadden Reserve and the water beyond, this three bedroom family home offers a relaxed low maintenance lifestyle with the added benefit of direct connection to the open space, playground and bike paths of the adjoining reserve. The convenient location also offers easy walking access to a host of wonderful lifestyle amenities including local shops, cafes, restaurants, pubs, Port Adelaide Plaza as well as easy transport links to the city.
The imposing upstairs master suite has been designed as the perfect parent's escape with plenty of space to create your own sanctuary along with the convenience of a large walk-in wardrobe and ensuite bathroom. Family accommodation comes by way of two downstairs bedrooms which both feature built-in wardrobes and are serviced by a family bathroom complete with spa bath and separate toilet.
The entertaining spaces are what truly set this property apart, with the open plan lounge and dining areas opening seamlessly to both the enclosed side courtyard and the open patio facing the reserve, offering the perfect options for entertaining family and friends in all seasons. These spaces are complemented beautifully by the well-appointed kitchen incorporating 5 burner gas cook top, dual sinks, dishwasher and plenty of storage.
A remote access double garage with roll through access to a covered carport, two additional off-street parking spaces, a separate laundry, security alarm and reverse cycle air conditioning complete this neatly wrapped package.
Currently tenanted at $525 per week until December 2021, this fabulous family home offers a wonderful investment opportunity or the option to enjoy the current rental income while you wait to move in, unpack and enjoy the convenient low maintenance lifestyle on offer.
Key features include:-
Entertainers kitchen with 5 burner gas stove & dishwasher
• Open plan lounge & dining areas opening out to enclosed courtyard
• Imposing upstairs master suite overlooking Joyce Snadden Reserve
Two downstairs bedrooms, both with built in wardrobes
Family bathroom with spa bath & separate toilet
• Separate laundry
Remote access double garage
Roll through access to covered carport
Off street parking for two additional vehicles
Reverse cycle air conditioning
Security alarm
Zoned to Le Fevre High School
Specifications:-
CT / Volume 5486 Folio 671
Council / Port Adelaide Enfield
Zoning / UAC - Urban Activity Centre: PAC - Port Adelaide Centre
Built / 1998
Living / 120 m2 (approx.)
Land / 302 m2 (approx.)
Council Rates / $1,394.15 per annum (approx.)
SA Water / $181.29 per quarter (approx.)
ES Levy / $149.40 per annum (approx.)
Property History for 5 Formby Cres, Port Adelaide, SA 5015
- 09 Nov 2021Sold for $645,000
- 07 Jul 2021Listed for Sale $630,000 - $660,000
- 13 Nov 2020Listed for Rent $525 / week
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About Port Adelaide 5015
The size of Port Adelaide is approximately 6.0 square kilometres. It has 7 parks covering nearly 3.2% of total area. The population of Port Adelaide in 2016 was 1224 people. By 2021 the population was 1338 showing a population growth of 9.3% in the area during that time. The predominant age group in Port Adelaide is 60-69 years. Households in Port Adelaide are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Port Adelaide work in a professional occupation.In 2021, 43.20% of the homes in Port Adelaide were owner-occupied compared with 43.00% in 2016.
Port Adelaide has 1,797 properties. Over the last 5 years, Houses in Port Adelaide have seen a 82.40% increase in median value, while Units have seen a 128.34% increase. As at 30 April 2026:
- The median value for Houses in Port Adelaide is $908,127 while the median value for Units is $747,228.
- Houses have a median rent of $650 while Units have a median rent of $625.
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