OFF MARKET

231 Lake Road
Milang SA 5256

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1097000m2
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Property Details for 231 Lake Rd, Milang

Building Type
Land
Year Built
1890
Land Size
1097000m2
Local Government
Alexandrina
Lot/Plan
A103/D90768

Last Listing description (May 2023)

***** Property Re-released due to failed contract******
This 19-acre allotment is a blank canvas to establish your dream family home or lakeside getaway only minutes from the quiet and peaceful lakeside town of Milang. With the potential lake views from a two-storey dwelling, this is the perfect opportunity for holiday living, horse enthusiasts or hobby farming with Lake Alexandrian at your doorstep.
On the corner of Lake Rd and Richmore Rd, this parcel of land is fenced, has bitumen road frontage, two gated access points and has a sprinkling of trees that provide shelter for livestock. The property has an approved building envelope and land management agreement ensuring a residential dwelling (STCC) can be built. With access available to the SA power network and the potential to access a stock and domestic supply CPC water, this is a rare and exciting opportunity to build your own lakeside paradise.

A short drive away, the township of Milang offers shops, hotels and a caravan park and is a popular location for swimming, fishing, water sports, and boating. Milang is located approximately an hour from Adelaide, 30 minutes from Goolwa and only 15 minutes to the beautiful Langhorne Creek wine region, home to the oldest recorded Cabernet Sauvignon vines in the world.
This country has been tightly held in the same family for over 100 years and this is your opportunity to live and enjoy the atmosphere of rural, wine and lake country.
Property details:
Title: CT 6117/981
Council area: Alexandrina
Zone: Rural Horticulture
Land area: 7.733ha (19acs)
Average rainfall: 417mm p.a

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. RLA62833

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Property History for 231 Lake Rd, Milang, SA 5256

A timeline of how this property has performed in the market
Last Sold
$100,000
31 Mar 2016
  • 21 Oct 2022
    Listed for Sale UNDER CONTRACT
  • 31 Mar 2016
    Sold for $100,000

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About Milang 5256

The size of Milang is approximately 75.1 square kilometres. The population of Milang in 2011 was 882 people. By 2016 the population was 885 showing a population growth of 0.3% in the area during that time. The predominant age group in Milang is 60-69 years. Households in Milang are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Milang work in a trades occupation. In 2011, 80.7% of the homes in Milang were owner-occupied compared with 81.3% in 2016.

Milang has 725 properties. Over the last 5 years, Houses in Milang have seen a 105.24% increase in median value. As at 31 October 2024:

  • The median value for Houses in Milang is $546,496 while the median value for Units is $592,875.
  • Houses have a median rent of $273.
There are currently 3 properties listed for sale, and no properties listed for rent in Milang on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Milang.

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