OFF MARKET

5 Wheaton Street
Kingscote SA 5223

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 1498m2
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Property Details for 5 Wheaton St, Kingscote

5 Wheaton St, Kingscote is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1498m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1980
Floor Size
180m2
Land Size
1498m2
Local Government
Kangaroo Island
Lot/Plan
A8/D4142

Last Listing description (October 2023)

Step inside and be welcomed by this bright and inviting home. With a little bit of TLC, this property has the potential to become a stunning family oasis or a profitable investment opportunity.

The eco-friendly property boasts solid double brick construction which ensures durability and longevity providing a great foundation for renovation. The solar system is also a fantastic feature as it can help reduce reliance on non-renewable energy sources and potentially saving you money on your energy bills over time. It's great to see that rainwater tanks are being used for self-sufficiency as well, which can help reduce water usage. With a flexible floorplan, you'll have plenty of room to customize the space to suit your needs and preferences. You are greeted by four bedrooms, two bathrooms, and multiple living areas and open plan kitchen/dining. There is plenty of space to work with and transform into your dream home.

While the expansive land size provides ample room for a variety of uses for outdoor living. Alternatively, there is the potential for developing the double block, this could be an excellent investment opportunity for the savvy investor.

Situated only couple hundred meters away from the beach, with an upstairs room that boasts beautiful sea views, you'll never tire of viewing the daily ocean conditions or the stunning sunrises over the bay. Other features of this beautiful home include a versatile backyard, perfect for entertaining, and a large workshop/garage for your vehicles and storage needs.

Positioned in a desirable location, this property is close to local amenities, ensuring easy access to everything you need. Take advantage of this rare opportunity to secure your future with this compelling offering. Don't wait, contact us today to arrange a viewing and explore the potential of this desirable property.

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Property History for 5 Wheaton St, Kingscote, SA 5223

A timeline of how this property has performed in the market
Last Sold
$540,000
16 Jun 2023
  • 16 Jun 2023
    Sold for $540,000
  • 12 Apr 2023
    Listed for Sale Under Contract
  • 13 Apr 1995
    Sold for $120,000

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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 21 properties listed for sale, and 1 property listed for rent in Kingscote on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Kingscote.

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