SOLD
Sold on 01 Feb 2024 for $290,000

Ocean View Drive
Nepean Bay SA 5223

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 914m2
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Property Details for 20 Ocean View Dr, Nepean Bay

20 Ocean View Dr, Nepean Bay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 914m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Nepean Bay in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
104m2
Land Size
914m2
Local Government
Kangaroo Island
Lot/Plan
A83/D7178

Last Listing description (February 2024)

Enjoy the serenity of beachside living with this comfortable and inviting 3 bedroom, 1 bathroom property, ideal for those wanting to add their personal touch. Positioned in the township of Nepean Bay, just 15 minutes' drive from Kingscote, this property offers a low maintenance lifestyle.

Inside, the home welcomes you with an open-plan layout connecting the kitchen, dining, and lounge areas. With 3 bedrooms, the flexible configuration ensures your space adapts to your needs. During winter, cozy up by the slow combustion fire, while the convenience of reverse cycle split system air conditioning promises effortless climate control at the touch of a button.

The undercover pergola creates the perfect setting for outdoor gatherings and barbecues. Water enthusiasts will appreciate the convenience of having the beach just a mere 50 meters away.

The property is currently leased to a quality tenant until January 2024, paying $230 per week, it's the perfect opportunity for the savvy investor or first home buyer looking to accommodate rental arrangements of their own.

Property Features:
- 2 x 27,000L rainwater tanks
- Innovative envirocycle septic system not only ensures efficient waste management but also allows you to recycle grey water for garden irrigation
- Fenced on three sides
- Mains power is seamlessly connected - please note that mains water is not available in the Nepean Bay area

Schedule an inspection today by contacting our local resident selling agents at Century 21: Lili Barrett on 0459 393 514. or Michael Barrett on 0427 727 333.

Floor plan coming soon.

Property History for 20 Ocean View Dr, Nepean Bay, SA 5223

A timeline of how this property has performed in the market
Last Sold
$290,000
01 Feb 2024
Listed for Rent
$180/w
02 Aug 2016
  • 01 Feb 2024
    Sold for $290,000
  • 26 Oct 2023
    Listed for Sale $285,000
  • 07 Apr 2016
    Listed for Rent $180 / week
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About Nepean Bay 5223

The size of Nepean Bay is approximately 44.7 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Nepean Bay in 2011 was 560 people. By 2016 the population was 112 showing a population decline of 80.0% in the area during that time. The predominant age group in Nepean Bay is 50-59 years. Households in Nepean Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nepean Bay work in a labourer occupation. In 2011, 81.1% of the homes in Nepean Bay were owner-occupied compared with 87.7% in 2016..

Nepean Bay has 320 properties. Over the last 5 years, Houses in Nepean Bay have seen a 120.72% increase in median value. As at 31 July 2024:

  • The median value for Houses in Nepean Bay is $455,631 while the median value for Units is $418,775.
There are currently 3 properties listed for sale, and no properties listed for rent in Nepean bay on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Nepean bay.

Suburb Insights for Nepean Bay 5223

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CENTURY 21 On Kangaroo Island
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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.