Lot 16 - NDIS (SDA) Stebonheath Road - Andrews Farm

Description

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Andrews Farm, situated approximately 29 km north of Adelaide's CBD, is a suburb within the City of Playford in South Australia. Established in 1991, it has experienced significant growth, evolving into a vibrant community that appeals to families, professionals, and investors.

Demographics and Population

According to the 2021 Census, Andrews Farm has a population of 8,045 residents, with a median age of 28 years, indicating a relatively young community. The suburb is characterized by a mix of couples with children and young professionals.

Housing and Property Market

The suburb offers a variety of housing options, including modern developments and family homes. As of recent reports, the median property price for houses in Andrews Farm is approximately $554,000, reflecting an annual capital growth of 20.11%. The area has seen 211 house sales in the past 12 months, with properties typically spending around 24 days on the market.

Amenities and Facilities

Residents of Andrews Farm benefit from proximity to several shopping centers, such as Munno Para Shopping City, which offers a range of retail stores, supermarkets, and dining options. The suburb features parks and recreational areas, including Stebonheath Park and Andrews Park, providing open spaces for outdoor activities. Educational facilities in the vicinity include St Columba College, catering to families with school-aged children.

Transportation

Andrews Farm is well-connected through major roads like Curtis Road and the Northern Expressway, facilitating easy access to Adelaide and surrounding regions. Public transport services, operated by Adelaide Metro, include bus routes that link the suburb to key interchange stations such as Elizabeth Interchange and Smithfield Interchange, enhancing connectivity for commuters.

Community and Lifestyle

The suburb is known for its neighborly spirit and safety, with residents appreciating the easy access to shopping areas, restaurants, and cafes. The transport connection with the CBD is convenient via the Northern Expressway and train services. The community is welcoming, with opportunities for families and children to build strong local friendships.

Overall, Andrews Farm presents a dynamic and family-friendly environment with modern amenities, making it an appealing choice for those seeking a balanced lifestyle within reach of Adelaide's city center.

• Property Type: Cashflow PositiveNDISSMSF Single Contract
• Property Stage: N/A
• Price: $ 1,035,000.00
• Land Price: $ 450,000.00
• Build Price: $ 585,000.00
• Beds: 3
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: 16 Stebonheath
• Completion: September
• Land Size: 375
• Area Size: 199.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 1700.00
• Est. Body Corp.: N/A
• Title Status: Registered
• Gross Per Week: $ 1,700.00
• Gross Per Annum: $ 88,400.00
• Gross Yield: 8.54%
• Capital Growth 12 Months: 18.76%
• Capital Growth 10 Year Annualised: 5.78%
• Vacancy Rate: 0.44%