OFF MARKET

16 Penny Lane
Coffin Bay SA 5607

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 197m2
Land area: 2995m2
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Property Details for 16 Penny Lane, Coffin Bay

16 Penny Lane, Coffin Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 2995m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
2013
Floor Size
197m2
Land Size
2995m2
Local Government
Lower Eyre Peninsula
Lot/Plan
A2/D63521

Last Listing description (November 2019)

VENDOR KEEN TO SELL - MASSIVE PRICE REDUCTION

Backyard cricket, cubby houses in the trees for the kids, space to store all the vehicles and to top it off, a magnificent brick home, only 3 years old. Not really a holiday home, it is just perfect for a young family to grow in, or, a retired farmer who still needs some space and wants to live in Coffin Bay. As soon as you venture down the drive, past some lovely mature Tea Trees, the home presents beautifully and you immediately feel an attachment.

Set on just less than 3000m2 and having the Kellidie Bay Conservation Park on the eastern boundary, privacy and nature abound. Entertaining is part of the lifestyle in Coffin Bay, and the home has been designed to entertain. The open plan living, featuring a gourmet kitchen open out to an extensive alfresco area that will cater for the largest gatherings of friends. Raked ceilings, quality appliances, 2 way slow combustion fire, ducted air conditioning, 3 bedrooms plus an office, the list goes on. As a bonus, a 2 bedroom granny flat provides extra income, or can be used for guests with a degree of separation.

Set back in from Penny Lane, the property is not visible from the road, but once you arrive at the house, there you are, your own patch of paradise in Coffin Bay. Give Mike a call on 0428 854 020 to book an inspection and I guarantee you won't be disappointed.

Property History for 16 Penny Lane, Coffin Bay, SA 5607

A timeline of how this property has performed in the market
Last Sold
$455,000
22 Nov 2019
  • 22 Nov 2019
    Sold for $455,000
  • 20 Jan 2016
    Listed for Sale $575,000
  • 09 Dec 2007
    Listed for Sale $150,000
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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.

Suburb Insights for Coffin Bay 5607

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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.