FOR SALE
$495,000 each

Simpkin Road
Korunye SA 5502

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1.917ha
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2 PRIME RURAL HORTICULTURE ALLOTMENTS

$495,000 EACH
Situated approximately 5 kilometres north of Two Wells, these 2 Rural/ Horticulture blocks are situated in a very convenient location with easy access to the rapidly expanding Two Wells Township and northern Adelaide district.
Lot 21 - 9.197 hectares - 22.71 acres, prime corner allotment with frontage to both Simpkin Road and Harvey Road.
Lot 22 - 9.424 hectares - 23.27 acres.
Both blocks are good clean blocks with clay/loam type soils ideal for horticultural and agricultural uses

Property Details for Simpkin Rd, Korunye

Building Type
Land
Land Size
1.917ha

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About Korunye 5502

The size of Korunye is approximately 77.1 square kilometres. The population of Korunye in 2011 was 231 people. By 2016 the population was 229 showing a population decline of 0.9% in the area during that time. The predominant age group in Korunye is 50-59 years. Households in Korunye are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Korunye work in a managers occupation. In 2011, 80.8% of the homes in Korunye were owner-occupied compared with 75.6% in 2016..

Korunye has 165 properties. Over the last 5 years, Houses in Korunye have seen a 113.45% increase in median value, while Units have seen a 237.64% increase. As at 30 September 2024:

  • The median value for Houses in Korunye is $1,032,155 while the median value for Units is $347,018.
There are currently 3 properties listed for sale, and no properties listed for rent in Korunye on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Korunye.

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Neil Bowden
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Raine & Horne Two Wells
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