OFF MARKET

18 Pennington Road
Island Beach SA 5222

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 83m2
Land area: 1207m2
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Last updated 16 Dec 2024
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Property Details for 18 Pennington Rd, Island Beach

18 Pennington Rd, Island Beach is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1992. The property has a land size of 1207m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1992
Floor Size
83m2
Land Size
1207m2
Local Government
Kangaroo Island
Lot/Plan
A39/D6390

Property History for 18 Pennington Rd, Island Beach, SA 5222

A timeline of how this property has performed in the market
Last Sold
$425,000
12 Oct 2023
  • 12 Oct 2023
    Sold for $425,000
  • 04 Dec 2020
    Sold for $260,000
  • 13 Sep 2019
    Listed for Sale $285,000 to $295,000
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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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