OFF MARKET

1 Pennington Road
Island Beach SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1807m2
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Property Details for 1 Pennington Rd, Island Beach

Building Type
Land
Land Size
1807m2
Local Government
Kangaroo Island
Lot/Plan
A501/D87651

Last Listing description (May 2019)

-Walk directly onto the wonderful pristine beach of Island Beach or launch your boat at the nearby boat ramp and fish for the very popular King George Whiting.
-Ready for clearing with the opportunity to build something spectacular with panoramic views around the bay
-Only 15 minutes from the ferry to Penneshaw or 30 minutes to the new airport facilities just out of Kingscote

-Be a part of everything Kangaroo Island has to offer either as a local or holiday maker, it is an opportunity not to be missed

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Property History for 1 Pennington Rd, Island Beach, SA 5222

A timeline of how this property has performed in the market
Last Sold
$470,000
03 Apr 2019
  • 03 Apr 2019
    Sold for $470,000
  • 19 Sep 2018
    Listed for Sale Under Contract
  • 22 Apr 2015
    Sold for $440,000

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About Island Beach 5222

The size of Island Beach is approximately 2.1 square kilometres. The population of Island Beach in 2011 was 321 people. By 2016 the population was 25 showing a population decline of 92.2% in the area during that time. The predominant age group in Island Beach is 70-79 years. Households in Island Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Island Beach work in a managers occupation. In 2011, 82.3% of the homes in Island Beach were owner-occupied compared with 66.6% in 2016..

Island Beach has 358 properties. Over the last 5 years, Houses in Island Beach have seen a 103.25% increase in median value, while Units have seen a 44.14% increase. As at 30 September 2024:

  • The median value for Houses in Island Beach is $568,590 while the median value for Units is $513,645.
There are currently 8 properties listed for sale, and no properties listed for rent in Island beach on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Island beach.

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