2/16 Buller StreetKingscote SA 5223
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 94m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
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
- 04 Mar 2019Listed for Sale $115,000
- 25 Jan 2017Sold for $105,000
- 04 Jan 2016Listed 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 1,724 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.
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