FOR SALE
UNDER CONTRACT

1176 Mallala Road
Korunye SA 5502

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 50ac
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UNDER CONTRACT UNDER VENDOR'S INSTRUCTIONS

This is a fantastic opportunity to purchase a 50 acre property with 2 immaculately presented homes great for double family living.
Residence 1 features:
• Large open plan kitchen/dine with dishwasher and ample bench & cupboard space
• Spacious lounge with combustion heating
• Separate sunken family/bar room
• 3 spacious bedrooms all with ceiling fans
• Split system reverse cycle air conditioning
• Laundry with built in storage robes
• Rear patio
Residence 2 features:
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Property Details for 1176 Mallala Rd, Korunye

1176 Mallala Rd, Korunye is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 50ac. The place is currently for sale with Raine & Horne Two Wells.

Building Type
House
Land Size
50ac

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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 170 properties. Over the last 5 years, Houses in Korunye have seen a 111.93% increase in median value, while Units have seen a 728.67% increase. As at 30 November 2024:

  • The median value for Houses in Korunye is $967,385 while the median value for Units is $347,018.
There are currently 5 properties listed for sale, and no properties listed for rent in Korunye on OnTheHouse. According to CoreLogic's data, 6 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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