OFF MARKET

53 Paradise Court
Coffin Bay SA 5607

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 193m2
Land area: 832m2
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Last updated 16 Sep 2024
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Property Details for 53 Paradise Ct, Coffin Bay

53 Paradise Ct, Coffin Bay is a 4 bedroom, 2 bathroom House. The property has a land size of 832m2 and floor size of 193m2.

Building Type
House
Floor Size
193m2
Land Size
832m2
Local Government
Lower Eyre Peninsula

Last Listing description (January 2018)

With awe-inspiring views over the full sweep of the seas of Coffin Bay and views towards Kellidie Bay, these two beachfront properties known as The Railway Shacks take centre stage and offer an unprecedented investment opportunity rarely seen in Coffin Bay.
With a relaxed vibe and spacious open layout these two separate homes capture the essence of Coffin s laidback lifestyle, with incredible views from the living area.
The interiors of the Railway Shacks have been modernised, yet retain their charm and have been designed for fuss free living, perfect for short term stays.

There are two bedrooms and combined bathroom and laundry; the open plan kitchen, dining and lounge area are combined, have everything you could possible require plus reverse cycle airconditioning.
The sand and sea is only a few short steps away and there is loads of room on the beach for the kids to play a game of cricket, the dog to run and the lawn adjacent the Shacks will be put to good use.
Currently utilised as holiday rental, it s up to you if you would like to continue with holiday rental for both; utilise one as holiday rental and secure the second home for yourself all year round.
Turn off the first street to the right at the entrance to Coffin Bay and this is where you will find Paradise Court and the Railway Shacks . Located within a small group of homes on the immediate foreshore.

Property History for 53 Paradise Ct, Coffin Bay, SA 5607

A timeline of how this property has performed in the market
  • 30 Nov 2016
    Listed for Sale $725,000

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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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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.