FOR SALE
$75,000

4 Torrens Street
Kingscote SA 5223

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 884m2
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REDUCED PRICE - Large, near level allotment in Kingscote

For those on a budget this allotment could be the perfect opportunity to realise your property goals and finally break into the marketplace.
This pretty treed allotment is large in size, predominantly flat and and within walking distance to the local school.
The community waste management system goes past as does mains water and power is also close by.
With the recent broadening of the first home buyer grant rules, it is a great time to snatch this one up and start making plans!
SPECIFICATIONS:
CT 5614/403
ZONING: NEIGHBOURHOOD
COUNCIL: KANGAROO ISLAND
COUNCIL RATES: $1,608.20 (2024 Fin Year)
ESL: $56.35 P.A.
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Property Details for 4 Torrens St, Kingscote

Building Type
Land
Land Size
884m2

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About Kingscote 5223

The size of Kingscote is approximately 18.2 square kilometres. It has 21 parks covering nearly 3.8% of total area. The population of Kingscote in 2011 was 2,032 people. By 2016 the population was 1,820 showing a population decline of 10.4% in the area during that time. The predominant age group in Kingscote is 50-59 years. Households in Kingscote are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kingscote work in a labourer occupation. In 2011, 66.6% of the homes in Kingscote were owner-occupied compared with 64.3% in 2016.

Kingscote has 1,724 properties. Over the last 5 years, Houses in Kingscote have seen a 84.62% increase in median value, while Units have seen a 27.01% increase. As at 31 October 2024:

  • The median value for Houses in Kingscote is $469,916 while the median value for Units is $290,184.
  • Houses have a median rent of $400 while Units have a median rent of $185.
There are currently 19 properties listed for sale, and 1 property listed for rent in Kingscote on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Kingscote.

Suburb Insights for Kingscote 5223

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.