OFF MARKET

3/16 Narrung Road
Meningie SA 5264

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 128m2
Land area: 412m2
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Property Details for 3/16 Narrung Rd, Meningie

3/16 Narrung Rd, Meningie is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 412m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2006
Floor Size
128m2
Land Size
412m2
Local Government
Coorong
Lot/Plan
F3/C23391

Last Listing description (August 2021)

A reliable investment now OR perhaps something for you to retire in later ?. Whichever way you look at it, this property will be a fine addition to your portfolio.

Centrally located in township, overlooking Lake Albert and foreshore lawns, short stroll to shopping facilities, restaurant, hotel and sporting facilities. Quality 3 bedroom homette ticking all the boxes, set back off the road offering safe and secure living in quiet cul-de-sac.


Thoughtfully designed, comprising a an easy living floor plan, featuring open plan kitchen/dining and lounge, master bedroom with a bay window and built in robes with direct access to the two way bathroom. Central hallway with bedrooms 2 and 3 on either side and access to the carport with auto roller door. New Westinghouse Oven and Cook Top recently installed.

Year round comfort with split system air conditioner and those power bills are helped by a 1.5Kw solar system. Outside features a low maintenance garden area with brick paving & enclosed rear yard.

Currently leased by Govt Dept until Jan 2022 returning well above bank interest.

Property History for 3/16 Narrung Rd, Meningie, SA 5264

A timeline of how this property has performed in the market
Last Sold
$248,000
13 Sep 2021
Listed for Rent
$230/w
21 Nov 2017
  • 13 Sep 2021
    Sold for $248,000
  • 27 Mar 2021
    Listed for Sale $248,500
  • 24 Jun 2020
    Transferred
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About Meningie 5264

The size of Meningie is approximately 375.5 square kilometres. It has 10 parks covering nearly 0.4% of total area. The population of Meningie in 2011 was 1,501 people. By 2016 the population was 1,123 showing a population decline of 25.2% in the area during that time. The predominant age group in Meningie is 60-69 years. Households in Meningie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Meningie work in a managers occupation. In 2011, 65.1% of the homes in Meningie were owner-occupied compared with 67.6% in 2016.

Meningie has 963 properties. Over the last 5 years, Houses in Meningie have seen a 111.16% increase in median value, while Units have seen a 175.52% increase. As at 31 October 2024:

  • The median value for Houses in Meningie is $408,749 while the median value for Units is $560,212.
  • Houses have a median rent of $275.
There are currently 25 properties listed for sale, and no properties listed for rent in Meningie on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Meningie.

Suburb Insights for Meningie 5264

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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.