SOLD
Sold on 11 Aug 2024 for $240,000

5 Lincoln Highway
Cowell SA 5602

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 781m2
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Property Details for 5 Lincoln Hwy, Cowell

5 Lincoln Hwy, Cowell is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 781m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Cowell in the last 12 months.

Building Type
House
Year Built
1965
Land Size
781m2
Local Government
Franklin Harbour
Lot/Plan
A143/T532601

Last Listing description (August 2024)

With huge potential & a low maintenance yard, this would make an ideal investment property as it is as neat as a pin & could offer an achievable return of approximately 7% when tenanted (Rental Appraisal of $320 - $350pw).

With all the living area at one end of the home and bedrooms and bathroom at the other, the practical floor plan will work for everyone.

The brand new fence offers security for your pets or children and adds great value.

The 5.5kW solar system unit helps you to keep the cost of living down - which is something we can all appreciate.
A bath for the kids or for you to relax in is an added bonus.
There is a single garage for your vehicle or to use as a workshop + plenty of room to put up a bigger shed if you desire (STCC).

This really is such an affordable property that you can live in or rent out straight away.
Cowell is a bustling coastal township with a friendly vibe and offers a great relaxed lifestyle with amazing fishing & crabbing at your door step!

Property History for 5 Lincoln Hwy, Cowell, SA 5602

A timeline of how this property has performed in the market
Last Sold
$240,000
11 Aug 2024
  • 11 Aug 2024
    Sold for $240,000
  • 06 May 2024
    Listed for Sale $240,000
  • 23 Aug 2023
    Listed for Sale Not Disclosed
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About Cowell 5602

The size of Cowell is approximately 635.4 square kilometres. It has 16 parks covering nearly 4% of total area. The population of Cowell in 2011 was 1,069 people. By 2016 the population was 1,130 showing a population growth of 5.7% in the area during that time. The predominant age group in Cowell is 60-69 years. Households in Cowell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cowell work in a managers occupation. In 2011, 73.3% of the homes in Cowell were owner-occupied compared with 70.9% in 2016.

Cowell has 1,018 properties. Over the last 5 years, Houses in Cowell have seen a 98.24% increase in median value, while Units have seen a -27.77% decrease. As at 31 October 2024:

  • The median value for Houses in Cowell is $304,007 while the median value for Units is $232,666.
  • Houses have a median rent of $250.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Cowell on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Cowell.

Suburb Insights for Cowell 5602

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Robin Hood Real Estate
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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.