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1 & 3/5 Ethel Street, Forestville$720,000
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1 & 3/5 Ethel Street

Forestville, SA 5035, Australia
$720,000
3 bed 1 bath 2 car290 m²

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About this property

Best Offers by April 15th at 12 PM (Unless Sold Prior), For Sale Separately Two units for sale: Unit 1 is a two-bedroom, and Unit 3 is more like a homettea spacious three-bedroom with a large yard on 290 sqm of land. Self-managed, so no strata fees! Currently used for Airbnb, the return on Unit 1 is $39,000 and Unit 3 $68,000 (last financial year), making this a great investment opportunity. You can purchase fully furnished, as both have been Vogue-styled and designed, or simply move in, sit back, and enjoy the comfort and lifestyle. Nestled in the heart of tightly held Forestville, these charming units are a real find. Whether you're a first homebuyer, downsizer, or investor, these properties ticks all the right boxes for hassle-free living. Built in the classic 1970s style, these neat and tidy units are part of a small group of three, offering both privacy and a sense of community. For those with busy schedules, the lock-and-leave convenience is a huge plus. Each unit comes with an allocated car park for peace of mind. When it's time to venture out, you'll love the proximity to vibrant Goodwood and King William Roadjust a short stroll to shops, restaurants, and cafés, perfect for brunch or a quick catch-up. If you enjoy green spaces, the local park at the end of the street offers a breath of fresh air whenever needed. Don't miss this opportunity to own a slice of Forestville, where convenience meets comfort. Whether you're starting a new chapter or looking to simplify, these units are an ideal choice. Unit 3 This homette is absolutely stunning. From the moment you open the door, you'll fall in love with the natural light, large windows, and garden views from each room, along with seamless floating floors and open-plan living flowing from the living to dining to kitchen. The modern updated kitchen offers plenty of bench and cupboard space, a gas cooktop, and Bosch dishwasher. The private backyard is a true wow factor, with beautiful decking that opens onto a stunning alfresco areaperfect for entertaining friends and family year-round. Three spacious bedrooms, with the master and second bedroom featuring built-in robes and ceiling fans. What we love! - Styled, stunning, and spaciousmore like a house - Three bedrooms; main and second with fans and BIRs, third with storage - Amazing, landscaped gardens and entertaining area, plus garden shed and plenty of room for kids and pets - Ducted reverse cycle air conditioning - Separate laundry with storage - Undercover carport with extra car spaces - Alpha ESS 20kwh battery system Unit 1 Venture inside to discover timber-look floors flowing through the living areas, with large windows filling the space with natural light. The kitchen features a gas cooktop and ample cupboard space, making meal prep a breeze. The two generously sized bedrooms offer comfort and space. Private courtyards at the front and rear are perfect for a quiet morning coffee or evening wind-down. Low-maintenance landscaped gardens require minimal upkeep. What we love! - Spacious open-plan living with timber-look floors; carpet in bedrooms - Spacious master bedroom with built-in robes and ceiling fan - Light and bright throughout - Split systems in bedrooms and living area - Modern kitchen with gas cooktop, electric oven, and ample storage - Separate laundry and garden shed for extra storage (bikes, golf clubs, etc.) - Low-maintenance garden with a beautiful, paved courtyard for relaxing or entertaining - One carport with extra car spaces - Alpha ESS 20kwh battery system Unit 3 Year Built / 1974 Land Size / 290 sqm approx Council / City of Unley Title / Strata No strata fees (self-managed) Unit 1 Year Built / 1974 Land Size / 100 sqm aprrox Council / City of Unley Title / Strata No strata fees (self-managed) Please call Jo Lerche for further details on 0413 113 398. Speak to TURNER Property Management about managing this property #expectmore RLA 62639

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
290 m²
Listed
3 months ago

Repayment calculator

$3,491/month
$1,745 /fortnight
Loan $576,000 at 6.10% over 30 years

Upfront costs

Deposit$144,000
Stamp duty$33,430
Conveyancing (est.)$2,000
Total upfront$179,430
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Forestville

This 3-bedroom apartment in Forestville, SA 5035 sits within reach of public transport, local shops local amenities. It is listed 3% above the $700,000 median of 55 comparable apartmentswithin 5 km.

What's nearby

  • Stop 5 Leader Street - South side (bus)172 m away
  • Derringers Music134 m away
  • Forestville Reserve224 m away
  • Goodwood Community Centre Greenspace675 m away
  • Goodwood Oval692 m away

Forestville at a glance

Full suburb profile
Population
1,400
Median age
39
Household income
$1,981/wk
Median rent
$340/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Forestville price trend

Median sold · House 3 bed

Compound growth +5.9% / yr over 4 yrs

$1.06mcurrent median

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