16 Margaret Avenue, Somerton Park, SA 5044 | Property Value & History | OnTheHouse
OFF MARKET

16 Margaret Avenue
Somerton Park SA 5044

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 579m2
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Property Details for 16 Margaret Ave, Somerton Park

16 Margaret Ave, Somerton Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1966. The property has a land size of 579m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1966
Floor Size
118m2
Land Size
579m2
Local Government
Holdfast Bay
Lot/Plan
A586/F9994

Last Listing description (June 2021)

Auction Location: on site.

On the market to finalise a Family Estate - Built to last and a much loved home.

So, it's sixties, sound, secure, top schools and especially - SOMERTON PARK!

This one has to push all your buttons. It's perfect for not only location, location, location and as neat as a pin, but built in an era of quality trades, it's double brick, light and airy. Start your own special project to value add to an exceptional home that is easily converted to a contemporary, upmarket freestanding home matching recent quality neighbouring developments.

It goes without saying, it will be of interest to first home buyers, as it is big enough to be a start up, walk in and there's nothing that has to be done! Investors will see the potential as it is clean and well designed and would accommodate a family or with three bedrooms, could have three tenants. Those looking to downsize but still wanting room for the caravan / camper and a home to lock up and leave. Well we've got that covered too. While room to move both inside and out, you can leave when the mood takes you. An impressive columned front fence gives great street appeal, the double slider gate has provision for auto connection, "Ready to Roll".

STCC it could be your start to build your dream home minutes to the ocean. In an area of urban regeneration, it's so desirable, your chance to literally get in on the ground floor. Find the land, this one is the perfect size, so often you are only looking for half a block, you won't have to subdivide here, just work on your plans and enjoy a stress free process knowing whatever you build will be the icing on top, value adding with your clever design concepts. Picture two storey, or all on one level, there's room to come forward and to extend back and up with ample room for entertaining at the rear or with an internal courtyard.

Professionals or work from home businesses will see the potential as it offers the options for combining work life balance.

Homes like this respond to a quick makeover. Just render, fully enclose the garage and remove the kitchen and lounge walls to create a huge open plan family area open to the rear deck and garden. We've used visual renovations and styling to show how it would look with a trendy beachside, mid century vibe, you'll have your ideas so, we show you how it looks now and you can create your own story board.

Currently retained as the original home with three good sized bedrooms with robes, high ceilings, large windows and wonderful heavy embossed wallpaper in bold golden tones. Some rooms with original polished boards are featured and new neutral carpet laid through the remainder of the home with subtle toned colour scheme gives a warm welcome.
The bathroom is Oh so 60's! Great to see it in all its glory, with a privacy screen to the shower, no glass to clean and a separate toilet room, excellent with tenants and families.

The kitchen is almost too cute. It's like a French style galley with swing door access to the separate dining room, natural timber has been retained as is the vogue and a full wall of rich cedar tongue and groove timber is so on trend. If it wasn't there you'd probably put one in!

Parking both secure garage and in line under cover for three is provided with on site parking for up to three additional vehicles. The garden is minimal but has the best lemon tree and border plantings which give option to create your dream garden, splash out and drop in a pool, you can't overcapitalise. This property will ensure your future as a rare find and the potential value will soar with your vision.

Zoned for the seriously sought after Brighton Secondary School and Paringa Park Primary School, it's close to Sacred Heart, St Peters Woodlands Grammar and Immanuel. With transport corridors along Brighton Road into the City and to Flinders Uni and Hospital with access to Science and Maths School and to Tonsley Innovation Hub it's at the centre of exciting growth in the area.

What's not to like? Hope you agree it's inviting, almost perfect, and within reach. The dream and decision is yours. Visualise your new home.

Auction: Saturday 1st May at 11am on site (unless sold prior) - CONTRACTED AT AUCTION

OFFER FORM LINK
https://forms.gle/M8DBDF7abuW6MXgm9

CT: 5312/287 (Allotment 586)
Council: Holdfast Bay
Council Rates: $1,465.60pa (approx)
Water Rates: $185.41pq (approx)
Year Built: 1966
Land Size: 579sqm (approx)
Frontage: 15.85m (approx)

We welcome you to contact Janine Bergin to arrange a private viewing. Our office has implemented precautionary measures for the safety of our Vendors, you and our agents. Open inspections follow the relevant social distancing and capacity guidelines. We appreciate your patience and understanding.

LJ Hooker Kensington | Unley provide a service called Auction Pay which allows you to pay your deposit online, on the spot at Auction, rather than having the hassle of arranging payment by cheque. Please contact Janine Bergin to find out more about this service.

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

RLA 275279

Property History for 16 Margaret Ave, Somerton Park, SA 5044

A timeline of how this property has performed in the market
Last Sold
$740,000
31 May 2021
  • 31 May 2021
    Sold for $740,000
  • 21 Apr 2021
    Listed for Sale Under Contract
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About Somerton Park 5044

The size of Somerton Park is approximately 2.3 square kilometres. It has 6 parks covering nearly 2.7% of total area. The population of Somerton Park in 2016 was 5537 people. By 2021 the population was 5811 showing a population growth of 5.0% in the area during that time. The predominant age group in Somerton Park is 50-59 years. Households in Somerton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerton Park work in a professional occupation.In 2021, 69.20% of the homes in Somerton Park were owner-occupied compared with 68.30% in 2016.

Somerton Park has 3,061 properties. Over the last 5 years, Houses in Somerton Park have seen a 86.56% increase in median value, while Units have seen a 89.88% increase. As at 31 January 2026:

  • The median value for Houses in Somerton Park is $1,863,487 while the median value for Units is $803,966.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Somerton park on OnTheHouse. According to Cotality's data, 157 properties were sold in the past 12 months in Somerton park.

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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.