A unique investment opportunity exists in the main street of historic Ghan Railway town Copley, South Australia. A gateway between the stunning Flinders Ranges and the outback desert tracks, Copley is well placed on the tourist trail.
Copley is in the Out of Council Area of SA, with no Council rates or bylaws, making this site a creative opportunity for development.
This package includes six separate shop entries (previously including a famous bakery, hairdresser, gallery, gift / clothes shops), lockable games / store room, two homes, two separate accommodation units. Photos available.
The size of Copley is approximately 115.2 square kilometres. It has 1 park. The population of Copley in 2011 was 102 people. By 2016 the population was 68 showing a population decline of 33.3% in the area during that time. The predominant age group in Copley is 40-49 years. Households in Copley are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Copley work in a managers occupation. In 2011, 48.6% of the homes in Copley were owner-occupied compared with 48.6% in 2016..
Copley has 99 properties. Over the last 5 years, Houses in Copley have seen a -25.36% decrease in median value, while Units have seen a 205.90% increase. As at 31 October 2024:
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