740 Grand BoulevardSeaford Meadows SA 5169
Property Details for 740 Grand Bvd, Seaford Meadows
740 Grand Bvd, Seaford Meadows is a 2 bedroom, 1 bathroom Unit with 12 parking spaces.
Last Listing description (December 2022)
Fully Leased New Seaside Apartments
Strong Investment Fundamentals
Substantial Depreciation Allowances
This investment property comprises of 12 fully Leased brand new apartments, 8 two bedrooms and 4 single bedrooms, each with an undercover car park. The demand in Seaford Meadows is strong with 44% of the population renting and as a result less than 1% vacancy.
Completed in 2020 the property has substantial depreciation benefits. The current gross income is estimated at $178,880 and this will have a corporate guarantee for 5 years from the developers Buildtec Group. The property will also have an extended Builders Warranty for 5 years.
South of the city, Seaford Meadows is one of the newer suburbs within Metropolitan Adelaide. This property is 1.5km from the beach, 200m from Seaford Meadows Shopping Centre, 50m from the bus stop, 600m from the train station, 4.5km from the M2 Southern Expressway, 35km from Adelaide CBD (35 minute drive) and 7km from the McLaren Vale Wine District.
- An investment with significant depreciation
- Substantial tax free income
- Current gross income - $178,880
- 12 brand new quality apartments constructed by Buildtec in popular growth suburb
- Strong rental market 44% of local population rent - local vacancy less than 1%
Joint Agent:
24Capital
Nick Loan - 0412 843 566
RLA 302617
Property History for 740 Grand Bvd, Seaford Meadows, SA 5169
- 28 May 2020Listed for Sale Contact Agent
Recent sales nearby
See more recent sales nearby/assets/perm/vzxdllprbei6xahyrfkcute4tq?signature=6b48a3a14c5babd537d6e6d03076e5db0445830b9b2b7795cbe66644ab0d81fe){kind=logo}
0
/assets/perm/sotqfrzy7ui6zfcbnecsg6poqi?signature=e7ddc18234e1268e02f020e657fe12d063940e03f8a2724f49c98bd00be681be){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Seaford Meadows 5169
The size of Seaford Meadows is approximately 3.1 square kilometres. It has 25 parks covering nearly 53.6% of total area. The population of Seaford Meadows in 2016 was 3851 people. By 2021 the population was 5102 showing a population growth of 32.5% in the area during that time. The predominant age group in Seaford Meadows is 30-39 years. Households in Seaford Meadows are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Seaford Meadows work in a professional occupation.In 2021, 61.60% of the homes in Seaford Meadows were owner-occupied compared with 54.20% in 2016.
Seaford Meadows has 2,318 properties. Over the last 5 years, Houses in Seaford Meadows have seen a 92.74% increase in median value, while Units have seen a 76.96% increase. As at 30 November 2025:
- The median value for Houses in Seaford Meadows is $864,357 while the median value for Units is $609,384.
- Houses have a median rent of $600 while Units have a median rent of $530.
Suburb Insights for Seaford Meadows 5169
Market Insights
Seaford Meadows Trends for Houses
N/A
N/A
View TrendN/A
N/A
Seaford Meadows Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
