32 Peake TerraceCoonalpyn SA 5265
Property Details for 32 Peake Tce, Coonalpyn
32 Peake Tce, Coonalpyn is a 4 bedroom, 1 bathroom House and was built in 1983. The property has a land size of 1152m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last transferred in August 2023.
Last Listing description (September 2023)
Whether you are a first home buyer looking to secure an affordable 4-bedroom home in a quaint country town, or a savvy investor, then 32 Peake terrace could be it. With a little bit of vision and work, you can turn this house into a very comfortable home.
This could also really suit a renovator to buy, improve and flip or the investor looking for a terrific rental return on their investment. The possibilities are endless!
Coonalpyn like many country towns has a massive rental shortage and with the recent boom times in Agriculture we have seen an influx of people to the area and therefore a shortage of housing exists.
The Silo Mural in the town has drawn a huge number of tourists and the opportunity for someone to get their family out of the rat race really exists, with plenty of opportunity for work, lifestyle and open air.
The large block with access out to the side road allows for plenty of room with a decent shed for storage.
This charming house is in need of some TLC, but it has so much potential! With two bathrooms and walk in robe in the master complimented by a combustion heater for warmth in the main living room, its ready for someone to start the journey into home ownership.
Such an opportunity to add value or an affordable start up home in an area with solid growth. With the expansion of local intensive industries and farmers looking for accommodation for staff, it represents an opportunity to buy a house at an affordable level. Your consideration is highly recommended.
For more information contact
Alastair Johnson 0427 609 751
Property History for 32 Peake Tce, Coonalpyn, SA 5265
- 30 Aug 2023Transferred for $85,000
- 05 Jul 2023Listed for Sale Best offers by 12pm 10th of July (guide $85,000)
- 19 Dec 2011Sold for $85,000
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About Coonalpyn 5265
The size of Coonalpyn is approximately 629.6 square kilometres. It has 1 park. The population of Coonalpyn in 2011 was 816 people. By 2016 the population was 333 showing a population decline of 59.2% in the area during that time. The predominant age group in Coonalpyn is 50-59 years. Households in Coonalpyn are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Coonalpyn work in a managers occupation. In 2011, 65.4% of the homes in Coonalpyn were owner-occupied compared with 71.5% in 2016.
Coonalpyn has 307 properties. Over the last 5 years, Houses in Coonalpyn have seen a 90.41% increase in median value. As at 31 October 2024:
- The median value for Houses in Coonalpyn is $295,229.
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