OFF MARKET

2/16 Buller Street
Kingscote SA 5223

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 108m2
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Last updated 30 Sep 2024
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Property Details for 2/16 Buller St, Kingscote

2/16 Buller St, Kingscote is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 108m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
1985
Floor Size
56m2
Land Size
108m2
Local Government
Kangaroo Island
Lot/Plan
U2/S10667

Last Listing description (September 2019)

Lovely, low maintenance investment with excellent long term tenant in place paying $170 per week rent (7.6% gross return). Just metres to the foreshore and easy walk to the main street of Kingscote, this unit is offered partly furnished and is an ideal set and forget permanent rental or you could convert to holiday rental very easily and get a tidy return. Quality brick veneer construction & nicely positioned towards the front of the small group of 8, with each unit having their own carport space and a communal laundry room. Both bedrooms have built in robes and there is a small secured back yard.

Property History for 2/16 Buller St, Kingscote, SA 5223

A timeline of how this property has performed in the market
Last Sold
$105,000
25 Jan 2017
Listed for Rent
$165/w
04 Jan 2016
  • 04 Mar 2019
    Listed for Sale $115,000
  • 25 Jan 2017
    Sold for $105,000
  • 04 Jan 2016
    Listed for Rent $165 / week
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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 1,726 properties. Over the last 5 years, Houses in Kingscote have seen a 73.18% increase in median value, while Units have seen a 31.14% increase. As at 31 August 2024:

  • The median value for Houses in Kingscote is $448,383 while the median value for Units is $288,319.
  • Houses have a median rent of $380 while Units have a median rent of $185.
There are currently 21 properties listed for sale, and no properties listed for rent in Kingscote on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Kingscote.

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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.