About this property
1/44 Third Avenue is a residential unit located within a low‑rise building that also contains a detached house and two additional units. The unit offers three bedrooms, one bathroom and a single car space, with an internal floor area of about 139 m² situated on a lot of roughly 391 m². The building dates back to 1925 and is situated in the suburb of St Morris, within the City of Norwood Payneham & St Peters.
The most recent confirmed sale of the unit was for $525,000 in April 2012. Estimated market value models estimate the current market value of the unit at around $1.3 million, with Estimated weekly rent of approximately $695 per week, suggesting a gross yield of about 2.8 %
Also written as Unit 1, 44 Third Avenue.