OFF MARKET

20-22 Holly Rise
Coffin Bay SA 5607

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 152m2
Land area: 2025m2
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Property Details for 20-22 Holly Rise, Coffin Bay

20-22 Holly Rise, Coffin Bay is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2017. The property has a land size of 2025m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
House
Year Built
2017
Floor Size
152m2
Land Size
2025m2
Local Government
Lower Eyre Peninsula
Lot/Plan
A54/D63647

Last Listing description (June 2016)

This is no typical shed and land package in Coffin Bay.
This block has a serious shed on 2025sqm of land - lots of hard work has already been invested in this project. There is plenty of room for a nice home to take advantage of the sand-hill views and another level could well get get those elusive water view as well.
The shed is 9m x 15m, inside is 9m x 12m with a 9m x 3m carport under the main roof. Wall height is 3.9m. There is a double sliding door with a 5.9 x 3.6m opening and also a glass sliding door for access off the carport. Concrete floors throughout and all services are connected.

The property has 2 x 6000 gal rainwater tanks.
You can do your own maths on this project - the cost to supply and erect the shed, service connections and concrete pour. Then you can add the rainwater tanks, the fencing and the site works. You can probably still buy a 1000sqm block for $80K so you have to put $160K in for the land.
This is a very well priced opportunity.

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Property History for 20-22 Holly Rise, Coffin Bay, SA 5607

A timeline of how this property has performed in the market
Last Sold
$113,000
14 Aug 2013
  • 20 Jan 2016
    Listed for Sale $240,000
  • 14 Aug 2013
    Sold for $113,000
  • 21 May 2013
    Listed for Sale $117,500
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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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