501 Nepean DriveIsland Beach SA 5222
Property Details for 501 Nepean Dr, Island Beach
Last Listing description (July 2018)
Beach front land in one of Kangaroo Island's most sought after locations, Island Beach, is a rare thing! Often these parcels are considered some of the tightest held real estate on the island.
Presenting fresh to the market, this north facing, 1807m2 vacant land parcel, with 30 metres of frontage to views of the ocean, provides the perfect opportunity for development of that long awaited 'Beach house'.
Naturally well elevated, and capturing excellent ground level ocean views, just image how much more expansive the views would be with a pole style construction!
The location is terrific, no passing traffic between you and the beach and no passing traffic behind the land either!
Lots of exciting things are on the drawing board for KI!
Kangaroo Island is the new 'Luxe' location and recently the South Australian State Government has passed legislation to support the Kangaroo Island region by way of appointing a 'Commissioner'. Visit http://kangarooislandcommissioner.sa.gov.au/ to view what impact and projects are being actively discussed for Kangaroo Island.
In short it's a great time to invest!
Summer time is a great time to view this property!
Contact long term local selling agent Michael Barrett on 0427 727 333 anytime!
Property History for 501 Nepean Dr, Island Beach, SA 5222
- 13 Feb 2018Listed for Sale $490,000
- 22 Aug 2017Listed for Sale $530,000
- 14 Apr 2017Listed for Sale $530,000
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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 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.
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