SOLD
Sold on 28 May 2024 for $590,000

12-14 Penny Lane
Coffin Bay SA 5607

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 2201m2
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Property Details for 12-14 Penny Lane, Coffin Bay

12-14 Penny Lane, Coffin Bay is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1975. The property has a land size of 2201m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Coffin Bay in the last 12 months.

Building Type
House
Year Built
1975
Land Size
2201m2
Local Government
Lower Eyre Peninsula
Lot/Plan
A1/D63521

Last Listing description (May 2024)

This beautiful quirky home is set on 2200m2 in a secluded part of the Bay, away from the hustle and bustle of the main part of town. It would make a lovely new home for a couple, looking to appreciate the bush setting, but still wanting to reside in the increasingly popular Coffin Bay.
Located towards the end of Penny Lane, the entrance gates lead down to the back of the enormous block and this beautiful, charming cottage becomes visible. The ambience is calming. Tranquil setting, secluded bushie area, lovely trees, and natural vegetation. Then you notice the shedding, good for a boat and caravan and 3 bays for storage or a workshop, even plumbing is available for a wet area in the shed. Inside the house, the pine flooring is quite an attraction and extends to all 3 bedrooms and the living area. Plantation shutters add to the appeal and feature shelving adds to the delight of the kitchen and living. The toilet is separate to the bathroom, which has a quirky vanity unit, with a marble top and cast base. Coffee in the morning sun will be an absolute pleasure on the deck, through sliding doors from the living, or you may wish to catch some sea views from the top of the bush garden while enjoying an evening wine.
Other great features include,

Gas hotplates, dishwasher
R/C air conditioner
Ceiling fans
4.6 kw solar
47,000 Litres rainwater to the house
Solar /elect HWS
Enclosed, raised vegie patch with wicking beds
Excellent chook run
Fruit trees

Coffin Bay has become a very sought after destination and lovely properties like this one are not plentiful. This very attractive property is for sale by expressions of interest, that will end at the close of business, 30th April 2024 (USP).
Price guide $550,000 to $600,000

Private inspections are available by calling Mike on 0428 854 020.

Property History for 12-14 Penny Lane, Coffin Bay, SA 5607

A timeline of how this property has performed in the market
Last Sold
$590,000
28 May 2024
  • 28 May 2024
    Sold for $590,000
  • 24 Mar 2024
    Listed for Sale EOI by 30/4/2024 (USP)
  • 20 May 2004
    Sold for $160,000

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About Coffin Bay 5607

The size of Coffin Bay is approximately 360.9 square kilometres. It has 14 parks covering nearly 86.5% of total area. The population of Coffin Bay in 2011 was 613 people. By 2016 the population was 613 showing a stable population in the area during that time. The predominant age group in Coffin Bay is 60-69 years. Households in Coffin Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coffin Bay work in a managers occupation. In 2011, 77.4% of the homes in Coffin Bay were owner-occupied compared with 79.5% in 2016.

Coffin Bay has 1,032 properties. Over the last 5 years, Houses in Coffin Bay have seen a 140.71% increase in median value, while Units have seen a 9.16% increase. As at 31 August 2024:

  • The median value for Houses in Coffin Bay is $584,010 while the median value for Units is $352,465.
  • Houses have a median rent of $440.
There are currently 10 properties listed for sale, and 1 property listed for rent in Coffin bay on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Coffin bay.

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Raine & Horne Port Lincoln
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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.