SOLD
Sold on 27 Oct 2024 for $82,000

14 Coral Crescent
Island Beach SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 74m2
Land area: 1315m2
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Property Details for 14 Coral Cres, Island Beach

Building Type
Land
Floor Size
74m2
Land Size
1315m2
Local Government
Kangaroo Island
Lot/Plan
A9/D7933

Last Listing description (October 2024)

Auction 26 Sept 11 am, 134 Melrose St Mt Pleasant and via on-line arrangements. Rates for 2024/25 are $1024.10.
NOTE **Auction registrations received AFTER 5 pm 24th September will be ineligible to bid.

Notice is now given that Kangaroo Island Council will offer for sale, by auction, 14 Coral Crescent, Island Beach in accordance with Section 184 of the Local Government Act 1999. Next door home at 12 Coral Crescent will also be auctioned.

14 Coral Crescent is an affordable building block (STCC). The property is set on 1300 m2 (approx.). Land is flat and just 200 m from the tranquil waters of Baudin 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 = $79,000.

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Property History for 14 Coral Cres, Island Beach, SA 5222

A timeline of how this property has performed in the market
Last Sold
$82,000
27 Oct 2024
  • 27 Oct 2024
    Sold for $82,000
  • 22 Aug 2024
    Listed for Sale Not Disclosed
  • 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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