OFF MARKET

5/16 Buller Street
Kingscote SA 5223

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 93m2
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Last updated 11 Nov 2024
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Property Details for 5/16 Buller St, Kingscote

5/16 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 93m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
Unit
Year Built
1985
Floor Size
61m2
Land Size
93m2
Local Government
Kangaroo Island
Lot/Plan
U5/S10667

Last Listing description (November 2018)

Excellent location, two bedroom brick veneer unit just meters to the beautiful foreshore and wharf precinct of Kingscote, making an ideal holiday or permanent rental. Recently refurbished with new painting throughout, new stove and new fridge. Two 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. Offered inclusive of all furniture and appliances so you could either continue to permanent rent or holiday rent if you prefer. Sited in a small group of just 8 units in total, 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. Currently rented to a long term tenant @ $165 per week. An affordable and attractive little investment opportunity to enjoy this idyllic Island life. Contact Kate Palmer on 0438 531 480 to make a time to inspect.

Property History for 5/16 Buller St, Kingscote, SA 5223

A timeline of how this property has performed in the market
Last Sold
$115,000
31 Aug 2018
Listed for Rent
$170/w
21 Jun 2018
  • 06 Nov 2018
    Listed for Sale $110,000
  • 31 Aug 2018
    Sold for $115,000
  • 12 Jun 2018
    Listed for Rent $170 / 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.
There are currently 20 properties listed for sale, and 1 property listed for rent in Kingscote on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Kingscote.

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