SOLD
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Sold on 26 Sep 2024 for $259,000

12 Coral Crescent
Island Beach SA 5222

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1320m2
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Property Details for 12 Coral Cres, Island Beach

12 Coral Cres, Island Beach is a 3 bedroom, 1 bathroom House. The property has a land size of 1320m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Island Beach in the last 12 months.

Building Type
House
Land Size
1320m2

Last Listing description (September 2024)

Auction 26 Sept 11 am, 134 Melrose St Mt Pleasant and via on-line arrangements.
NOTE **Auction registrations received AFTER 5 pm 24th September will be ineligible to bid.

Please note that local rubbish removal business, "Where's Ya Bin" (Kingscote), have quotes $10k - $15k for removal of inside out outside rubbish (inc. cars) - contact Matt on 0438 903 654 for more details. Rates for 2024/25 are $1354.28

Notice is now given that Kangaroo Island Council will offer for sale, by auction, 12 Coral Crescent, Island Beach (and next door bare land at 14 Coral Crescent), in accordance with Section 184 of the Local Government Act 1999.
Property has a home with three bedrooms, 1 bathroom, large lounge and a separate "granny flat" with lounge and bedroom. Both homes are in need of a significant deep clean. Homes appear to be largely well built with some minor repairs and maintenance needed. Home has a fully fenced yard and solar panels fitted. The property is set on 1320 m2 (approx.). Land is flat and just 200 m from the tranquil waters of Island Beach. Arguably some of the best whiting fishing is available around Island Beach. The property is a quintessential example of a life style property in a township which remains largely un-discovered to those in Adelaide and interstate.
15 Min to Penneshaw and the ferry or 40 min to Kingscote. Perfect property to build your Island escape.
Current Capital Value = $265,000.

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Property History for 12 Coral Cres, Island Beach, SA 5222

A timeline of how this property has performed in the market
Last Sold
$259,000
26 Sep 2024
  • 17 Oct 2024
    Sold for $259,000
  • 22 Aug 2024
    Listed for Sale Auction
  • 13 Jul 2014
    Sold for $187,000
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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 360 properties. Over the last 5 years, Houses in Island Beach have seen a 76.20% increase in median value, while Units have seen a 44.14% increase. As at 30 November 2024:

  • The median value for Houses in Island Beach is $482,234 while the median value for Units is $549,001.
There are currently 8 properties listed for sale, and no properties listed for rent in Island beach on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Island beach.

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