OFF MARKET

Smith Road
Lower Light SA 5501

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 404800m2
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Property Details for Lot 401 Smith Rd, Lower Light

Building Type
Land
Year Built
1900
Land Size
404800m2
Local Government
Mallala
Lot/Plan
A91/F161648

Last Listing description (April 2023)

*All titles are now under contract*

An attractive property historically run as a sheep and cattle enterprise now located within a developing horticultural precinct. Comprising four 100 acre titles all with power available. A mains water meter is attached to each 200 acre parcel and recycled water is also available. It offers significant potential for horticultural expansion.

This property is located close to an existing horticultural hub and livestock marketing facilities with zoning allowing for subdivision down to 8 hectare titles (S.T.C.A).

- 400 acres divided into 4 x 100 acre titles.
- To be sold as a whole or in 200 acre parcels 1x200 @ 1.3m (under contract) or 1x200 @ 1.5m.
- Sub-dividable down to 8 hectare titles (S.T.C.A).
- Power runs through all 4 titles.
- Two water connections, one to each 200 acre parcel.
- Bolivar recycled water available.
- 40 minutes from Adelaide CBD.
- 10 minutes from Two Wells township.
- 50 acres of mature saltbush.
- Road frontage front and rear of each title.
- Bitumen road planned to within 2km of property by late 2023.
- Smith Road, Lowerlight
- Prices exclude GST. Add GST if applicable.

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Property History for Lot 401 Smith Rd, Lower Light, SA 5501

A timeline of how this property has performed in the market
Last Sold
$650,000
24 Mar 2023
  • 24 Mar 2023
    Sold for $650,000
  • 24 Mar 2023
    Sold for $750,000
  • 24 Mar 2023
    Sold for $650,000
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About Lower Light 5501

The size of Lower Light is approximately 170.6 square kilometres. It has 3 parks covering nearly 0.6% of total area. The population of Lower Light in 2011 was 376 people. By 2016 the population was 179 showing a population decline of 52.4% in the area during that time. The predominant age group in Lower Light is 60-69 years. Households in Lower Light are primarily couples with children and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Lower Light work in a managers occupation. In 2011, 71.1% of the homes in Lower Light were owner-occupied compared with 85.5% in 2016..

Lower Light has 196 properties. Over the last 5 years, Houses in Lower Light have seen a 107.37% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lower Light is $864,412.
There are currently 3 properties listed for sale, and no properties listed for rent in Lower light on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Lower light.

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