OFF MARKET

24 Algernon Road
Compton SA 5291

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3526m2
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Property Details for 24 Algernon Rd, Compton

Building Type
Land
Land Size
3526m2
Local Government
Grant
Lot/Plan
A165/D126116

Last Listing description (October 2023)

EXPRESSION OF INTEREST BY 12PM 20TH SEPTEMBER 2023 (UNLESS SOLD PRIOR)
Ray White Mt Gambier are pleased to offer to market 24 Algernon Road, Compton for sale in the land development of Mount View Estate. This residential area is a sought-after location for building a new home and will be hotly contested. We are excited to reintroduce this spacious lot to market.
The property is a fantastic size with brilliant dimensions for constructing your dream home. The allotment sits within the family centred Mount View Estate and is one of the larger lots at approximately 3,526 square metres. The popularity of this estate is due to its lifestyle appeal, being in proximity to Tenison Woods College and Malseed Park and the Railway walking trail. It has the conveniences of Mount Gambier's central shopping district, dining, recreation, childcare and accommodation options easily accessible. The estate was originally farmland, leading to its fertile soil and rich rural aesthetic.

The space offers stunning views of the surrounding landscape, including the Sugarloaf and Mount Gambier's famous Blue Lake is a very short drive away, and the township's amenities are all in proximity. Building a home here is the easiest decision you'll have to make -creating the perfect family home is where all the fun begins.
This picturesque pastoral allotment comes with country style perimeter fencing, underground power ready for connection, underground town water and sealed asphalt roads for residential access. With many neighbouring properties already established, there is a strong sense of community pride and an emphasis on maintaining a welcoming and family-friendly estate.
Be the first to view the allotment and find out how 24 Algernon Road could be transformed into the dream home you will enjoy for years to come. Call Tahlia at Ray White Mount Gambier and discover the benefits of one of the hottest addresses on the Limestone Coast. RLA 291953

Additional Property Information:
Land Size: Approx. 3,526 m2
Council Rates: Approx. $187.00 Per Quarter

Property History for 24 Algernon Rd, Compton, SA 5291

A timeline of how this property has performed in the market
Last Sold
$280,000
20 Oct 2023
  • 20 Oct 2023
    Sold for $280,000
  • 23 Aug 2023
    Listed for Sale Expression of Interest by 12pm 20th September 2023
  • 18 Jun 2021
    Sold for $140,000

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About Compton 5291

The size of Compton is approximately 87.7 square kilometres. It has 2 parks covering nearly 20.6% of total area. The population of Compton in 2011 was 610 people. By 2016 the population was 703 showing a population growth of 15.2% in the area during that time. The predominant age group in Compton is 50-59 years. Households in Compton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Compton work in a trades occupation. In 2011, 88.5% of the homes in Compton were owner-occupied compared with 90.7% in 2016.

Compton has 539 properties. Over the last 5 years, Houses in Compton have seen a 91.62% increase in median value. As at 30 September 2024:

  • The median value for Houses in Compton is $731,466.
There are currently 6 properties listed for sale, and no properties listed for rent in Compton on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Compton.

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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.