9 Margaret StreetKingscote SA 5223
Property Details for 9 Margaret St, Kingscote
9 Margaret St, Kingscote is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 978m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (September 2013)
Make a Start in Real Estate today! Great entry level property.
Even the longest journey starts with the first step. Real Estate is no different. This property presents as an ideal opportunity for the first home buyer or investor.
Well established, the property offers 4 bedrooms, well laid out yard, shedding, carport and water tanks. All the infrastructure is in place.
The large lounge area is warmed by gas heating and also captures a pleasant ocean view. Adjacent the lounge, the kitchen/dine area is functional and there are possibilities of opening the two areas making one large open plan living area.
Ripe for the picking, the home is priced for genuine sale. Interest rates are low, a good time to place a tenant and have an investment at minimal outlay.
Contact Michael Barrett on 0427 727 333 for more information and details about letting rates per week.
Property History for 9 Margaret St, Kingscote, SA 5223
- 20 Oct 2022Sold for $350,000
- 18 Sep 2013Sold for $149,000
- 26 Jul 2013Listed for Sale $155,000
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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.
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