FOR SALE
$480,000

Mcfarlane Street
Meningie SA 5264

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1.057ha
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Development opportunity or lifestyle living

Nestled in the sublime location of McFarlane Street, this 1.057 ha (approx 2.61ac) elevated land is awaiting a developer to continue to grow Meningie. A North facing allotment with utility services available off McFarlane Street. A prime opportunity to develop with sub division concept plans, including contour map already drawn up. An exciting generously sized 10 lot proposed development site taking advantage of water views over Lake Albert. This location is primed for residential development (subject to Council consent).
Or, if you are a lifestyle enthusiast looking to escape the hustle and bustle and build your dream home (subject to consents) with plenty of space to live a rural lifestyle with commanding water views, you won't find a better location. Nestled amongst quality homes this could be your dream location.
An easy 90-minute drive from Adelaide, you will find everything you will need in Meningie's community hub straddling the picturesque Lake Albert. Meningie is the place to be for nature or sporting enthusiasts alike, or for those who are just looking for a peaceful place to escape to. In addition to the abundance of water sports or fishing on the Lake, you're just ten minutes to the Coorong National Park, a South Australian landmark of international significance. Meningie has it all: supermarkets, bakery, hotel, cafes and restaurants, area school, kindergarten, bike paths, pony club, oval, bowling club and the 18-hole Lake Albert golf course. The Meningie and Districts Memorial Hospital and Health Services provide the highest quality care, with a 24-hour emergency department, ambulance station, medical centre, aged care facilities, and resident doctors plus regular visiting specialists. Public aerodrome, sailing club, so many sport, hobby clubs and interest groups than you could imagine, great shopping, food, culture and so much more!
Want to know where your property sits in the market?
We’ll provide you with a free no obligation market update on your home or investment. Call Adam on 0439 545 193 to arrange a property complimentary property appraisal.
Disclaimer
Whilst every precaution has been taken to ensure that the information contained herein is true and accurate, we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein and do their own research.
RLA318694

Property Details for Mcfarlane St, Meningie

Building Type
Land
Land Size
1.057ha

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About Meningie 5264

The size of Meningie is approximately 375.5 square kilometres. It has 10 parks covering nearly 0.4% of total area. The population of Meningie in 2011 was 1,501 people. By 2016 the population was 1,123 showing a population decline of 25.2% in the area during that time. The predominant age group in Meningie is 60-69 years. Households in Meningie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Meningie work in a managers occupation. In 2011, 65.1% of the homes in Meningie were owner-occupied compared with 67.6% in 2016.

Meningie has 963 properties. Over the last 5 years, Houses in Meningie have seen a 111.16% increase in median value, while Units have seen a 175.52% increase. As at 31 October 2024:

  • The median value for Houses in Meningie is $408,749 while the median value for Units is $560,212.
  • Houses have a median rent of $275.
There are currently 27 properties listed for sale, and no properties listed for rent in Meningie on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Meningie.

Suburb Insights for Meningie 5264

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Contact agent
Adam Hurle - RLA 318694
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Coorong Realty
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Disclaimer
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.