OFF MARKET

1501 Redbanks Road
American River SA 5221

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 85m2
Land area: 1214m2
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Property Details for 1501 Redbanks Rd, American River

1501 Redbanks Rd, American River is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1963. The property has a land size of 1214m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1963
Floor Size
85m2
Land Size
1214m2
Local Government
Kangaroo Island
Lot/Plan
A6/D4281

Last Listing description (May 2023)

Located on the outskirts of the private and peaceful town 'American River,' set amongst the established trees this property offers an abundance of birdlife, wildlife, tranquility and maximum privacy.

The home offers a country feel and a connection to it's natural surrounds, with earthy colour schemes that add a special touch of character! This neat and tidy home offers 3 generous sized bedrooms, 1 bathroom, a more formal living area and open plan kitchen and dining.

Whether it's your morning coffee or afternoon drink, all can be enjoyed while interacting with nature, birdlife and animals that inhabit the natural bushland.

Property features include:
- Built circa 1963, offering 3 bedrooms and 1 bathroom
- Recent installation of a new iron roof
- Lock up shed, ideal for storing a boat, small caravan or trailer
- Variety of established fruit trees including mulberry and fig
- Externally fenced rear area, great for pets and kids
- Gas hot water
- 1 x 5000 gallon rain water tank

Just a short distance to the boat launch, American River is known for its sensational fishing either from the boat, wharf or kayak. A short drive to pristine beaches such as Pennington Bay offering surfing, fishing and coastal walks. American River has some of Kangaroo Island's best facilities including the recreational tennis/basketball/netball courts on the seafront. A comfortable 30 minute drive to both Penneshaw and Kingscote.

Already underway is the new mains water line extension from Penneshaw, soon to be accessible.

An opportunity not to be missed!

To view by appointment please contact Kangaroo Island resident selling agents Lili Barrett on 0459 393 514 or Michael Barrett on 0427 727 333 today.

Property History for 1501 Redbanks Rd, American River, SA 5221

A timeline of how this property has performed in the market
Last Sold
$240,000
26 May 2023
  • 26 May 2023
    Sold for $240,000
  • 01 Feb 2023
    Listed for Sale UNDER CONTRACT/OFFER
  • 16 Apr 2013
    Sold for $155,000
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About American River 5221

The size of American River is approximately 3.7 square kilometres. It has 10 parks covering nearly 13% of total area. The population of American River in 2011 was 215 people. By 2016 the population was 247 showing a population growth of 14.9% in the area during that time. The predominant age group in American River is 60-69 years. Households in American River are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in American River work in a managers occupation. In 2011, 68.5% of the homes in American River were owner-occupied compared with 76.6% in 2016.

American River has 641 properties. Over the last 5 years, Houses in American River have seen a 104.53% increase in median value, while Units have seen a 5.04% increase. As at 30 September 2024:

  • The median value for Houses in American River is $458,183 while the median value for Units is $351,285.
  • Houses have a median rent of $193.
There are currently 14 properties listed for sale, and no properties listed for rent in American river on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in American river.

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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.