OFF MARKET

19 Penny Lane
Coffin Bay SA 5607

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 896m2
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Last updated 16 Sep 2024
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Property Details for 19 Penny Lane, Coffin Bay

19 Penny Lane, Coffin Bay is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 896m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
House
Year Built
2005
Land Size
896m2
Local Government
Lower Eyre Peninsula
Lot/Plan
A3/D56776

Last Listing description (April 2016)

If you re looking for a base to have in Coffin Bay for those weekends away, and the occasional longer break, then this property will suit you nicely.
Situated on the corner of Penny Lane and Bradley Court, not only have you a shed that can give you a roof over your head, but a large area is basically ready to build a home that will provide excellent northerly views into Kellidie Bay and Marble Range.
As the power, water, septic are already established to the shed, a good percentage of the initial cost to build has been done. Just work out what you want to build, 2 storey for even better views or keep your feet on the ground for those old sore knees.

The shed comes with a large poly rainwater tank plumbed with a pressure pump to the wet area. The westerly end of the shed has an open bay suitable for evening barbeques and 2 roll a doors open to the inside. One has a double sliding glass door that gives great ventilation and access to the basic living inside.
The wet area offers a shower over a small bath for the little kids, small vanity, toilet and a laundry sink. This area is lined and a basic sink and cupboards act as a kitchen.
Established plantings and a row of native shrubs provide some screening and add to the nice feel of this corner block.
Priced at $210,000, this is good value considering the views that will be achieved with a pole residence.
Give Mike a call on 0428854020 to organise an inspection.

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Property History for 19 Penny Lane, Coffin Bay, SA 5607

A timeline of how this property has performed in the market
Last Sold
$200,000
20 Apr 2016
  • 20 Apr 2016
    Sold for $200,000
  • 15 Jul 2013
    Listed for Sale Not Disclosed
  • 05 Oct 2011
    Sold for $200,000
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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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