3/16 Buller StreetKingscote SA 5223
Property Details for 3/16 Buller St, Kingscote
3/16 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 60m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (May 2022)
A terrific entry level property into the real estate market or a better return than bank interest! Unit 3 is one of 8 units and currently rents to to a permanent tenant for $170 per week, that is over a 7% gross return!
The units are well located, each are two bedroom brick veneer and are just a short walk to the foreshore and wharf precinct.
They are ideal for permanent rental or holiday accommodation. Each unit offers 2 bedrooms with built in robes, bathroom with separate toilet & vanity, open plan living with kitchen and ceiling fans and a small fenced courtyard to the rear. Each unit comes with a carport park and has access to a communal laundry and bbq facilities. Very central location with main street just a short walk away along the picturesque foreshore. An affordable and attractive little investment opportunity to enjoy this idyllic Island life.
If you are looking to enter the property market, this is a fantastic starter property!
Contact Lili Barrett 0459 393 514 or Michael Barrett on 0427 727 333 to make a time to inspect.
Property History for 3/16 Buller St, Kingscote, SA 5223
- 28 Jun 2021Listed for Rent - Price not available
- 19 Feb 2021Sold for $105,000
- 17 Sep 2020Listed for Sale $115000
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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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