OFF MARKET

28 Lyon Street
Milang SA 5256

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 2032m2
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Property Details for 28 Lyon St, Milang

28 Lyon St, Milang is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1981. The property has a land size of 2032m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
House
Year Built
1981
Floor Size
101m2
Land Size
2032m2
Local Government
Alexandrina
Lot/Plan
A17/T150102

Last Listing description (December 2017)

Currently rented for $240 per week.

Spring is in the air so now is the time to secure your summer holiday vacation with this value priced holiday / investment rental property! This rustic lakeside getaway was rented via Air BnB for $69 per night during the summer months!


Step back in time into this quaint timber framed cottage to bring back those delightful memories of real holidays from childhood - next to the river, lake or the beach.

With all the comforts for great holiday living winter, summer & spring heating, cooling, and comfortably furnished WIWO, this opportunity for a home away from home or lakeside living is simply too good to miss!

Sited so close to the very popular Caravan Park, the famous Railway Museum Cafe, the iconic Milang Hotel, the renowned country bakery plus the quaint and colourful lakeside shacks that are quintessential Milang, the site of this typical family holiday home is just that location, location, location at such great value!

Set on a massive land holding of 2028m2 the income via holiday lets currently on Air BnB returning $69 per night plus the added scope of redevelopment STCC to either retain the house and subdivide make this one a really special buy!

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Property History for 28 Lyon St, Milang, SA 5256

A timeline of how this property has performed in the market
Last Sold
$180,000
07 Dec 2017
  • 07 Dec 2017
    Sold for $180,000
  • 20 Mar 2017
    Listed for Sale $199,000

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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 113.15% increase in median value. As at 30 September 2024:

  • The median value for Houses in Milang is $541,313 while the median value for Units is $595,677.
  • Houses have a median rent of $273.
There are currently 3 properties listed for sale, and 1 property listed for rent in Milang on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Milang.

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