OFF MARKET

42 Pennington Road
Island Beach SA 5222

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Floor area: 170m2
Land area: 2438m2
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Property Details for 42 Pennington Rd, Island Beach

42 Pennington Rd, Island Beach is a 3 bedroom, 2 bathroom House with 5 parking spaces and was built in 2010. The property has a land size of 2438m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
House
Year Built
2010
Floor Size
170m2
Land Size
2438m2
Local Government
Kangaroo Island
Lot/Plan
A17/D6390

Last Listing description (December 2015)

Century 21 on Kangaroo Island offers this affordable home by the beach at lot 42 Pennington Road Island Beach.
The home is well sited on the allotment and the higher elevation has allowed the capture of uninterrupted views to the sea along the road reserve and is unlikely to ever be built out. A fantastic advantage to gain the benefits of the seafront without the price tag!
Open plan living to the living ,dine and kitchen areas is the perfect combination, especially for the holiday rental market. All 3 bedrooms are of good size and could accommodate 6 to 8 people. Minimal maintenance is required, the home has a 'natural garden' and can therefore be easily locked up and left unattended for weeks. Boaties will love the 20' x 40' shedding, also great for multiple vehicles and additional storage.

The attraction of the pure white sandy beach, north facing aspect and close proximity to the ferry has held Island Beach in high regard. This could be the holiday rental property you have been looking for!
To arrange inspection contact local selling agent Michael Barrett at Century 21 on Kangaroo Island on 0427 727 333.

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Property History for 42 Pennington Rd, Island Beach, SA 5222

A timeline of how this property has performed in the market
Last Sold
$525,000
22 Jan 2014
  • 02 Dec 2015
    Listed for Sale UNDER CONTRACT
  • 11 Jun 2015
    Listed for Sale $350,000
  • 22 Jan 2014
    Sold for $525,000
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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.

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