OFF MARKET

De Couedie Drive
Island Beach SA 5222

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 3080m2
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Last updated 14 Oct 2024
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Property Details for Lot 152 De Couedie Dr, Island Beach

Lot 152 De Couedie Dr, Island Beach is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 3080m2.

Building Type
House
Land Size
3080m2
Local Government
Kangaroo Island
Lot/Plan
A152/D6393

Last Listing description (July 2018)

'The Cove' is the classic 'beach shack' sited in a prime position in the sought after beach side location of pristine 'Island Beach' . The property presents as a unique opportunity to acquire prime seafront real estate!
Held for many years by the one owner, the property is offered for sale as two adjoining allotments being the seafront allotment 152 Decouedie Drive, and the second row being allotment 147, accessed via Borda Road. Both allotments total approximately 3133m2 with allotment 152 having a frontage of approximately 45m.
Dual allotments in this configuration are difficult to find, but a lucrative opportunity by way of the ability, subject to council consent, to realign the boundary and create 2 seafront parcels.

Currently both allotments are used together, drive access from the rear allows a new dwelling to be developed to span a wider frontage to the sea view, hence the attractive aspect of acquiring both parcels.
The 'existing 'shack' is simple , functional & comfortable. It offers 2 bedrooms, and a 3rd 'sleep out' style bedroom, and open plan living, so it is large enough to accommodate most families.
Location, Location, Location are the words we have all used before to refer to prime real estate and this property is certainly worthy of this title.
To arrange inspection, or more information contact Michael Barrett on 0427 727 333 anytime.

Property History for Lot 152 De Couedie Dr, Island Beach, SA 5222

A timeline of how this property has performed in the market
  • 29 Jun 2018
    Listed for Sale $595,000 to $650,000

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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.

Suburb Insights for Island Beach 5222

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.