OFF MARKET

5724 North Coast Road
Middle River SA 5223

Bedrooms: 3
Bathrooms: 2
Car spaces: 10
Land area: 200m2
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Last updated 16 Dec 2024
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Property Details for 5724 North Coast Rd, Middle River

5724 North Coast Rd, Middle River is a 3 bedroom, 2 bathroom House with 10 parking spaces. The property has a land size of 200m2.

Building Type
House
Land Size
200m2
Local Government
Kangaroo Island

Last Listing description (November 2014)

Kangaroo Island Coastal Opportunity!!
The Jewel of the north coast Crown - 1Km private beach and pristine coastal frontage. 200 acres and substantial 3 storey, well sited home on cliff top, approx 2 Km east of renowned Snelling Beach - recently included in a compiled list of 101 Best Beaches in Australia. Unusual, interesting, spacious, private, peaceful, comfortable, remote. Modern kitchen installed in 2008, 4 bedrooms, office, 3 sitting areas in open plan design, recreational space. House 1Km from road gate, visible only from sea and air. Sea views outstanding, especially north to mainland Yorke Peninsula and Althorpe Islands. Property offers approx 1Km of unspoilt coastal frontage with track to private beach. Rock pools, magnificent fishing/swimming/snorkeling. Crayfish, abalone, King George Whiting etc in front garden. Launching of small boats and kayaks possible from beach. Property includes 9 dams containing marron (fresh water crayfish) and yabbies. Substantial shed space with separate power supply. Well fenced, surrounded by wildlife: wallabies, kangaroos, koalas, wedge tail eagles, sea eagles, glossy blacks, echidnas. Potential to adapt to a variety of options: currently running 280 ewes + lambs, but tourism or resort development possible. STCA. There has been a recent surge of international investor interest, particularly while property prices remain at their current level. The area is rapidly becoming a sought after international tourist destination, so is a desirable investment. Kangaroo Island has been described as the Galapagus of Australia. Clean air, abundant wildlife in natural pristine habitat. Friendly community, rural feel, not even a traffic light in place. Yet, sophisticated enough to offer a variety of internationally recognised luxury accommodation options. A current proposal to upgrade the airport (40 minutes to property by car) to facilitate direct flights from major Australian cities is designed to ease access to the island. There are also plans afoot for an additional passenger ferry from Adelaide to Kingscote, and the construction of a Greg Norman designed championship golf course. Local produce has caught the attention of celebrity chefs: Gourmet tours, Farmer's markets and the annual Festival hosted by professional celebrity chefs and local fine dining aficionados, contribute to the island's growing recognition and popularity. Well serviced by Medical clinic, hospital and schools. Vendors are not intending to leave the island, so may agree to lease land from purchasers for further farming enterprise. Or provide ongoing support if required. Basic furnishings may also be included. Successful purchaser will be granted first option to negotiate on 2 remaining titles to east of property, as far as King George Beach Road, should decision be made to further downsize at a later date.

Property History for 5724 North Coast Rd, Middle River, SA 5223

A timeline of how this property has performed in the market
  • 17 Jun 2013
    Listed for Sale POA

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About Middle River 5223

The size of Middle River is approximately 77.4 square kilometres. The population of Middle River in 2011 was 406 people. By 2016 the population was 6 showing a population decline of 98.5% in the area during that time. The predominant age group in Middle River is 60-69 years. Households in Middle River are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Middle River work in a managers occupation. In 2006, 58.7% of the homes in Middle River were owner-occupied compared with 69.1% in 2011..

Middle River has 60 properties. Over the last 5 years, Houses in Middle River have seen a 101.09% increase in median value. As at 30 November 2024:

  • The median value for Houses in Middle River is $666,186 while the median value for Units is $80,160.
There are currently no properties listed for sale, and no properties listed for rent in Middle river on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Middle river.

Suburb Insights for Middle River 5223

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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.