A MODERN house less than 10 minutes from Adelaide’s CBD for half the median price of a city home?
It’s an enticing prospect, and entirely possible in Devon Park.
Brothers Jason and Greg Milne are selling their three-bedroom investment home in Cavendish Ave, set on a 478sqm allotment.
ON THE MARKET: 52 Cavendish Ave, Devon Park is a three-bedroom home on the market with LJ Hooker Walkerville/Modbury. It has a price guide of $380,000 and will go to auction on Saturday, November 17, at 11am
“My dad bought four homes in the street in the early 1990s and pulled them down and built seven homes,” Mr Milne says.
“I moved in and lived in one for five years and really enjoyed living close to the city. Now it’s simply time to finalise our father’s estate and sell this as part of that.
“It’s a safe, quiet area and also pretty friendly. There are no dramas.
“It’s still a pretty affordable area but I’ve noticed prices pushing up a bit recently.”
Mr Milne says there’s a real mix of housing, with lots of older homes still around.
“But in the last few years, apartments (up to four storeys high) and smaller homes are springing up a lot,” he says.
“There’s been lots of subdivision and redevelopment going on.”
Its proximity to the city, the Adelaide Aquatic Centre and major shopping centres on Torrens, Churchill and Prospect roads, adds to the area’s pull.
“It’s a great location. You’re close to just about everything — shops, cafes, major shopping centres like Arndale and Aldi and Coles on Churchill Rd as well as the handy train line,” Mr Milne says.
“It’s really got an inner suburban vibe about it now with industrial businesses moving out the past few years.”
LJ Hooker Walkerville Modbury sales agent Annamaria Varelias says Devon Park offers a near-city lifestyle for less than neighbouring suburbs like Prospect or in the eastern suburbs.
“It’s a great little spot,” Ms Varelias says.
“Lots of young professionals are moving in as they can still buy a home on a generous allotment for under $500,000 so close to the city.”
DEVON PARK FACTS AND FIGURES
Devon Park is a compact suburb only about 5km north of Adelaide’s CBD, near Dudley Park, Renown Park, Ovingham, Croydon Park, Ridleyton, Prospect, Fitzroy and West Croydon. It is bounded by Harrison Rd, Simpson Ave, Devonport Tce, Exeter Tce, Harrison Rd and the Sam Johnson Sports ground.
MEDIAN HOUSE PRICE
AVERAGE HOLD PERIOD
MEDIAN ASKING RENT
$348 per week for houses.
$300 per week for units.
ORIGIN OF SUBURB NAME
A truly English connection (to the English county — Devon or formerly Devonshire) from the suburb to street names like Exeter, Plymouth and Cavendish. SA historian Geoffrey H. Manning says the suburb was laid out in 1920 by Lavinia and George Charles Braund.
There is a good mix of primary and high schools within a 2km radius, including Prospect Primary School, Brompton Primary School, Immaculate Heart of Mary School (primary, Catholic), Rosary School (primary, Catholic), Bowden Brompton Community School (combined), Blackfriars Priory School (combined, Catholic), Islamic College of South Australia (combined, independent), Adelaide Secondary School of English (secondary) and Prescott College (secondary, independent).
A massive amount of redevelopment of this older suburb in the past two decades means it has a true mix of older, post-1945 homes and more modern properties. Streets are mostly tree-lined and feature a few bungalows. Detached houses make up about 45 per cent of all homes, while apartments and units make up almost 43 per cent of homes. Almost 50 per cent of all homes are rented. The suburb covers about 400 sqm.
HISTORIC PROPERTIES UP FOR AUCTION
INSIDE A $3 MILLION-PLUS ULTRA LUXE HOME
COULD RATE RISES STOP AUSSIES GOING ON HOLIDAYS?
The Adelaide Aquatic Centre sits at the head of the North Parklands, barely 2km away.
The rejuvenated cafe strip on Prospect Rd is five minutes away, brimming with places to be seen and relax and the Churchill Shopping Centre at Kilburn offers major retailers like Aldi, Kmart and Coles.
North Adelaide’s own retail and dining strip on O’Connell St is within a five-minute drive and Adelaide’s CBD is a little further on.
The Dudley Park and Ovingham train stations sit on the suburb’s border, on the Adelaide to Gawler line.