Real Estate

acreage blocks are selling hot at yatala

Written by The ReReport

The house at 14 Alto Tce, Yatala, sold for $859,000.

PIES aren’t the only things selling hot at Yatala — with acreage property flying off the market.
Doleman Property Group director Donna Doleman said this property, a four bedroom, two bathroom, lowset brick house on 5058sq m attracted about 30 groups and two written offers.

REAL ESTATE: 14 Alto Tce, Yatala

“The new owners were devastated when they first saw it because it was under contract,” Ms Doleman said.
“When that contract fell over, it all fell into place for them.”
Ms Doleman said the new owners liked the location, the flat land and the house.
“They’re investors who will rent it out and move into it in about three years time,” she said.
The agent said acreage stock such as the property at 14 Alto Tce, which sold for $859,000, was in high demand.

REAL ESTATE: 14 Alto Tce, Yatala

“Acreage is going unbelievably well,” she said.
“People are looking for bigger properties to get a bit of space between neighbours.
“I’d definitely like to see more stock, there is definitely not enough in the acreage market.”
According to CoreLogic data, the suburb median house sale price for Yatala is $739,000.

REAL ESTATE: 14 Alto Tce, Yatala

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