FOR SALE
$600,000 each

Lots 741,742,743,744 Simpkin Road
Korunye SA 5502

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8ha
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PRIME 8 HA. HORTICULTURE ALLOTMENTS

Situated approximately 5 kilometres north of Two Wells on the corner of the Mallala and Simpkin Roads, you have the choice of 4 prime Horticultural/Primary Production allotments.
Great Location with easy access to Two Wells and suburban Adelaide.
Size of Allotments: 8 hectares - 20 acres
Zoning: Horticulture/Primary Production
Council Area: Adelaide Plains Council
Purchase will be subject to issue of new titles which is expected early 2025.

Property Details for Lots 741,742,743,744 Simpkin Rd, Korunye, SA 5502

Building Type
Land
Land Size
8ha

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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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