47-49 Pennington RoadIsland Beach SA 5222
Property Details for 47-49 Pennington Rd, Island Beach
Last Listing description (April 2019)
Be quick to take advantage of this rare opportunity to purchase a quality seaside parcel in the highly sought after Island Beach.
Enjoy panoramic uninterrupted sea views that stretch across the glistening waters from American River to Kangaroo Head from this huge, elevated 2,900m2 allotment.
Just a short stroll to the pristine, beautiful white sanded beach and protected Eastern Cove. Safe swimming, excellent boating and fishing at your doorstep!
Kangaroo Island is fast becoming a luxury escape destination, don't miss out on making this beautiful parcel of land yours.
Specifications:
CT / 5625/348
Council / City of Kangaroo Island
Zoning / CSTSE''6
Land / 2900m2
Council Rates / $559.00pa
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Property History for 47-49 Pennington Rd, Island Beach, SA 5222
- 08 Feb 2018Listed for Sale $115k-$125k
- 01 Feb 2000Sold for $9,500
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0About 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 100.11% increase in median value, while Units have seen a 44.14% increase. As at 31 October 2024:
- The median value for Houses in Island Beach is $565,574 while the median value for Units is $519,178.
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