A Fantastic Opportunity in a Convenient Location!

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2/2 Ramsay Avenue, Reynella East SA 5161

$640k

Search Band Search Visibility Band

$640k - $704k High Confidence Calculated based on strong search observations.

Unit 2 Beds 1 Bath 1 Car 286 m² 90 m²

Listed: yesterday

Updated: 8 hours ago

Overview

This well-positioned two-bedroom unit at 2/2 Ramsay Avenue, Reynella East, presents an excellent entry point to the property market, offering a manageable and low-maintenance lifestyle. Built in 1991 on a generous 286 square metre allotment, the property combines comfortable living space with outdoor scope, providing a balanced home environment with potential for personal enhancements.

Despite its neat and tidy presentation, there is opportunity to modernise certain elements of the unit, allowing buyers the versatility to add value and tailor the home to their preferences and budget. This flexibility makes the property particularly appealing to first-home buyers, downsizers, and investors alike, each seeking a practical yet promising asset.

The inclusion of solar panels with a 1.5kw system benefiting from a high rebate tariff until 2028 supports energy efficiency, which is an attractive feature for reducing ongoing costs. The shared water meter and NBN connectivity further add to the property's practical advantages, enhancing convenience and sustainability within the home.

Located in the popular Reynella East area, the unit offers the convenience of nearby everyday amenities and lifestyle benefits without compromising on the comforts of a quiet, residential setting. Its affordable price point combined with the potential for improvement and a convenient location makes this a compelling opportunity for those seeking future growth and livability in a sought-after suburb.

Local Market Insights

In Adelaide - South, Quiet Listings observed 31 new units entering the market over the last 30 days, up from 30 during the previous 30-day period, with an average advertised asking price of $632,548. The property type mix of listed properties is predominantly Houses at 85%, followed by units (6%), and land (5%). The most active agency for units in the Adelaide - South area is currently Ray White, representing 26% of new listings, followed by Ocre with 13%. 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.