FOR SALE
$190,000

Bates Way
Penneshaw SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 971m2
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Large Allotment with Superb Sea Views

What a magnificent parcel of land located on the outskirts of Penneshaw with views all the way back to the mainland.
At approximately 971 square metres there is plenty of room to design your holiday home or residence (subject to planning consents).
This is indeed a popular and tightly held location ideal for those wishing to enjoy the convenience of being close to town but far enough away to avoid the hustle and bustle of the daily grind.
Quality allotments like this one are not to be missed. We just love the fact that you can disembark the ferry and in just a couple of minutes you could be sitting on your deck enjoying this spectacular view which if you're lucky enough may even include the odd whale.
The community waste management system is going past and underground power is at the corner of the allotment.
Penneshaw has a myriad of delectable dining options for both breakfast, lunch and dinner. The local IGA supermarket is superbly stocked and loved by locals.
With boat launching facilities just down the road at Christmas Cove and a gorgeous beach to enjoy at Hog Bay you'll just love spending time here.
Please reach out if you'd like a copy of the planning policy relevant to this particular location or if you have any other questions.
SPECIFICATIONS:
CT: 5450/776
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Property Details for Bates Way, Penneshaw

Building Type
Land
Land Size
971m2

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About Penneshaw 5222

The size of Penneshaw is approximately 5 square kilometres. It has 7 parks covering nearly 9.4% of total area. The population of Penneshaw in 2011 was 273 people. By 2016 the population was 286 showing a population growth of 4.8% in the area during that time. The predominant age group in Penneshaw is 60-69 years. Households in Penneshaw are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penneshaw work in a managers occupation. In 2011, 67% of the homes in Penneshaw were owner-occupied compared with 67.3% in 2016.

Penneshaw has 552 properties. Over the last 5 years, Houses in Penneshaw have seen a 98.75% increase in median value, while Units have seen a -12.08% decrease. As at 30 November 2024:

  • The median value for Houses in Penneshaw is $538,608 while the median value for Units is $404,610.
  • Houses have a median rent of $240.
There are currently 4 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Penneshaw.

Suburb Insights for Penneshaw 5222

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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.