OFF MARKET

14 Pennington Road
Island Beach SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1222m2
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Property Details for 14 Pennington Rd, Island Beach

14 Pennington Rd, Island Beach is a 0 bedroom, 0 bathroom House. The property has a land size of 1222m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Land Size
1222m2
Local Government
Kangaroo Island
Lot/Plan
A37/D5721

Last Listing description (January 2024)

Just one row back from the ocean this allotment of some 1222 square metres is in a prime position and realistically priced to sell.

Island Beach has been a long time favourite for holiday makers on Kangaroo Island. A fabulous balance of nature and pristine, long stretches of beach making it the perfect holiday destination to rest and recharge.

Eastern Cove is well known amongst locals as a great spot to fish for King George whiting with many choosing to launch their boats straight off the beach here. However, there is also a boat ramp close by at Baudin Beach and another in Penneshaw should you prefer.

SA Water are extending the main pipeline to include Island Beach in the future so now is a great time to jump on board and secure your place at this exclusive address. Power is also running past.

Bring your imagination and design your dream getaway or forever home amongst this superb landscape.

Island Beach is an easy 20 minute drive from the Sealink Ferry Terminal, Penneshaw IGA, hotel, cafes and restaurants. Once here you're bound to fall in love with this amazing scenic location.

We welcome your enquiry today!

RLA 288582

All potential development is subject to the relevant planning consents.

SPECIFICATIONS:

CT - 5391/255

Council - Kangaroo Island

Zoning - Rural Shack Settlement

Council Rates approx. $973.40

SA Water Supply $N/A

Emergency Services Levy $TBC

Disclaimer:

Whilst all information has been obtained from sources we believe to be accurate, it cannot be relied upon and we accept no liability for any errors or omissions (including but not limited to a property's land size, building size floor plans, building age and condition). All interested parties should seek and obtain independent advice. Should this property be scheduled for auction, the Vendors statement may be inspected at our office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes prior to schedule start time.

Property History for 14 Pennington Rd, Island Beach, SA 5222

A timeline of how this property has performed in the market
Last Sold
$70,000
14 Apr 2020
  • 02 Jan 2024
    Listed for Sale $150,000
  • 16 Oct 2020
    Listed for Sale $72,000
  • 14 Apr 2020
    Sold for $70,000
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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.

Suburb Insights for Island Beach 5222

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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.