OFF MARKET

9 Margaret Street
Kingscote SA 5223

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 978m2
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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.

Building Type
House
Year Built
1960
Land Size
978m2
Local Government
Kangaroo Island
Lot/Plan
A209/D8161

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.

Yes there are some cosmetics you may wish to consider to add your personal touch, but in the main the property is ready to occupy or rent.
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

A timeline of how this property has performed in the market
Last Sold
$350,000
20 Oct 2022
  • 20 Oct 2022
    Sold for $350,000
  • 18 Sep 2013
    Sold for $149,000
  • 26 Jul 2013
    Listed 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 1,726 properties. Over the last 5 years, Houses in Kingscote have seen a 81.35% increase in median value, while Units have seen a 16.65% increase. As at 30 September 2024:

  • The median value for Houses in Kingscote is $457,013 while the median value for Units is $259,758.
  • Houses have a median rent of $395 while Units have a median rent of $185.
There are currently 21 properties listed for sale, and no properties listed for rent in Kingscote on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Kingscote.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.