SOLD
Sold on 08 Nov 2024 for $570,000

10/7 Kingscote Terrace
Kingscote SA 5223

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 142m2
Land area: 121m2
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Property Details for 10/7 Kingscote Tce, Kingscote

10/7 Kingscote Tce, Kingscote is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2005. The property has a land size of 121m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Townhouse sold in Kingscote in the last 12 months.

Building Type
Townhouse
Year Built
2005
Floor Size
142m2
Land Size
121m2
Local Government
Kangaroo Island
Lot/Plan
F10/C23069

Last Listing description (November 2024)

This versatile duplex apartment at 10/7 Kingscote Terrace offers multiple options, currently operated as holiday accommodation, with a long term lease to the Aurora Ozone Hotel. A copy of the lease is available on request.

The property features two living areas, each equipped with 1 bedroom, 1 bathroom, open-plan living, and reverse cycle air-conditioning. You have the flexibility to access and utilise both levels together or keep them separate.

A private front entry provides undercover and enclosed access to both upper and lower levels.

The property boasts an attractive setting with panoramic views over the foreshore parklands to the sea. You can store your car in the lock-up single garage and walk to nearby restaurants and shops or take the kids across the road for a BBQ lunch at the playground.

Competitively priced to meet the current market, this 'walk-in walk-out' property presents itself as a great value. An inspection is highly recommended and is sure to impress! Contact Michael Barrett on 0427 727 333 or Lili Barrett on 0459 393 514 anytime to arrange a viewing.

Property History for 10/7 Kingscote Tce, Kingscote, SA 5223

A timeline of how this property has performed in the market
Last Sold
$570,000
08 Nov 2024
  • 08 Nov 2024
    Sold for $570,000
  • 28 Aug 2024
    Listed for Sale Under Contract
  • 03 May 2021
    Sold for $467,000
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About Kingscote 5223

The size of Kingscote is approximately 18.2 square kilometres. It has 21 parks covering nearly 3.8% of total area. The population of Kingscote in 2011 was 2,032 people. By 2016 the population was 1,820 showing a population decline of 10.4% in the area during that time. The predominant age group in Kingscote is 50-59 years. Households in Kingscote are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kingscote work in a labourer occupation. In 2011, 66.6% of the homes in Kingscote were owner-occupied compared with 64.3% in 2016.

Kingscote has 1,724 properties. Over the last 5 years, Houses in Kingscote have seen a 84.62% increase in median value, while Units have seen a 27.01% increase. As at 31 October 2024:

  • The median value for Houses in Kingscote is $469,916 while the median value for Units is $290,184.
  • Houses have a median rent of $400 while Units have a median rent of $185.
There are currently 20 properties listed for sale, and 1 property listed for rent in Kingscote on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Kingscote.

Suburb Insights for Kingscote 5223

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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.