59-61 Pennington RoadIsland Beach SA 5222
Property Details for 59-61 Pennington Rd, Island Beach
Last Listing description (October 2021)
Well located toward the western end of Island Beach, this generous sized vacant parcel of approx. 2805m2 is a terrific development opportunity!
With approx 40m of frontage, there is ample room to build a beach house wide spanning to the ocean views over Island Beach and toward American River.
Orientated with a northerly aspect and a Power pole is located on the boundary, is this the start to KI living you are seeking?
Island Beach is a popular holiday destination for tourists with the white sands and safe, turquoise swimming waters offering an amazing beach side lifestyle. Contact Michael Barrett on 0427 727 333 for more details.
Property History for 59-61 Pennington Rd, Island Beach, SA 5222
- 08 Sep 2021Sold for $120,000
- 13 Feb 2019Listed for Sale $129,500
- 20 Feb 2017Listed for Sale $70k - $75k
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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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