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Lot 2/2 Gray Street, Tranmere SA 5073

CONTACT AGENT- BEST OFFER

Listed: yesterday
Overview

This sizeable 345 square metre proposed Torrens Title allotment situates in the well-established, family-friendly suburb of Tranmere, known for its convenient access to amenities and peaceful residential environment. Offering an approximately 11.22-metre frontage combined with about 30.72 metres of depth, it provides substantial flexibility for a variety of contemporary home designs. Its generous dimensions enable purchasers to plan a home that maximises lifestyle needs while fitting comfortably within this sought-after neighbourhood.

Significantly, the allotment comes with approved building plans, clearing an important hurdle and streamlining the path for those wanting to embark on their home-building journey with confidence. This feature particularly benefits first-home buyers, families aiming to grow, downsizers looking for a modern residence, and investors seeking a solid foundation in a positive locale.

Tranmere’s location supports a balanced lifestyle, with proximity to quality shopping destinations such as Firle Plaza, reputable schools, public transport options, and recreational parks. Its nearness to the vibrant Norwood precinct further offers diverse dining and shopping experiences, enhancing the daily convenience and lifestyle appeal for future residents.

This opportunity represents a rare chance to secure a generously proportioned land parcel in an established eastern suburb, combining notable frontage, development approvals, and a prime position within Adelaide’s eastern corridor. Whether the goal is to create a forever home, downsize with modernity, or invest with potential growth, this allotment provides an inviting canvas for a variety of residential aspirations.

Local Market Insights

In Adelaide - Central And Hills, Quiet Listings observed 10 new parcels of land entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $846,900. The property type mix of listed properties is predominantly Houses at 64%, followed by apartments (13%), and units (8%). The most active agency for land in the Adelaide - Central And Hills area is currently Ray White, representing 50% of new listings, followed by TOOP+TOOP Real Estate with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Tranmere SA 5073
New Listings (last 30 days)
10
Average price
$846,900
Lowest price
$275,000
Highest price
$2,200,000
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