OFF MARKET

118-120 Island Beach Road
Island Beach SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3605m2
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Property Details for 118-120 Island Beach Rd, Island Beach

Building Type
Land
Land Size
3605m2
Local Government
Kangaroo Island
Lot/Plan
A197/D6394

Last Listing description (August 2017)

Island Beach Cottages are efficient and family friendly cottages built on the edge of the beautiful Island Beach on Kangaroo Island. The four cottages are nestled in a native bushland setting and exactly 300 metres from the water front. Each cottage has 2 bedrooms and 1 bathroom with a shower. These clean, comfortable and convenient cottages are perfect options for small or large groups as one cottage can sleep 5 people or hire multiple cottages to sleep up to 20! Onsite there is a shared laundry facility and a separate fish cleaning station where you can safely store bait and look after your daily catch! The calm and crystal clear water and beautiful long stretch of 2 km of white sand makes Island beach an attraction for all types of beach goers. You can enjoy long beach strolls, playing ball with your dog, or setting up an umbrella for long days of reading and relaxing. The shallow clean waters provides very safe swimming for kids, kayaks and wading out for fishing. Absolutely perfect for the investor or retirees looking for the affordable coastal stress free lifestyle. These delightful cottages present a truly wonderful opportunity not to be missed! The beach is only 15 minutes drive from Penneshaw for great cafes, shops and the Sealink Ferry Terminal. Currently returning 8-9% p.a. on a holiday rental basis (figures to be verified by vendor s accountant). All four to be sold together (Lot 120 & Lot 121): $650K Or two cottages: $325K OUWENS CASSERLY - MAKE IT HAPPEN

Property History for 118-120 Island Beach Rd, Island Beach, SA 5222

A timeline of how this property has performed in the market
Last Sold
$60,000
22 May 2017
  • 15 Aug 2017
    Listed for Sale $650K
  • 22 May 2017
    Sold for $60,000
  • 24 Feb 2017
    Listed for Sale $650K
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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 360 properties. Over the last 5 years, Houses in Island Beach have seen a 100.11% increase in median value, while Units have seen a 44.14% increase. As at 31 October 2024:

  • The median value for Houses in Island Beach is $565,574 while the median value for Units is $519,178.
There are currently 7 properties listed for sale, and no properties listed for rent in Island beach on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Island beach.

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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.