OFF MARKET

Kingston Road
New Residence SA 5333

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 15920m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for Lot 1 Kingston Rd, New Residence

Building Type
Land
Land Size
15920m2
Local Government
Loxton Waikerie
Lot/Plan
A1/D66174

Last Listing description (November 2018)

Comprising 2123.402 hectares (approximately) over 6 titles and offering the potential purchaser with the opportunity to utilise access to the River Murray (subject to all necessary consents and approvals) and create infrastructure to support the development. This is a unique opportunity with a substantial proportion of the land likely suitable for an almond plantation or other intensive horticultural developments. It may possibly be one of the last remaining greenfield opportunities for the district of this scale and quality to create such a development. Purchasers will need to conduct investigations in relation to almond and other crop suitability, however almonds and citrus are prominent in the region and border part of the titles. Purchasers will also need to conduct investigations into the access of water from the River Murray and necessary infrastructure to support any pursuits or development requiring irrigation or the transport of metered water. The Portfolio comprises some of the best soil possible in the region for the suitability of almonds. The vendor describes the soil as having excellent draining capability on approximately 75 - 80% of the total acreage, with the soil depth representing an above average depth for the region. Key selling points: Comprising 2123.402Ha (approximately) over six titles including three River Murray Fringe titles Excellent draining soils across a majority of the holding Significant scale to support unit development costs Orchards exist within close proximity to holding Prime potential for Almond or other horticultural development subject to investigation Portfolio preserved for a number of years to enable potential development

Property History for Lot 1 Kingston Rd, New Residence, SA 5333

A timeline of how this property has performed in the market
Last Sold
$487,000
12 Dec 2016
  • 13 Sep 2018
    Listed for Sale $11,000,000
  • 12 Dec 2016
    Sold for $487,000

Commute Calculator

About New Residence 5333

The size of New Residence is approximately 14.7 square kilometres. The population of New Residence in 2011 was 116 people. By 2016 the population was 76 showing a population decline of 34.5% in the area during that time. The predominant age group in New Residence is 10-19 years. Households in New Residence are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in New Residence work in a managers occupation. In 2011, 81.1% of the homes in New Residence were owner-occupied compared with 62% in 2016..

New Residence has 72 properties. Over the last 5 years, Houses in New Residence have seen a 93.01% increase in median value. As at 31 August 2024:

  • The median value for Houses in New Residence is $302,240.
There are currently 1 property listed for sale, and no properties listed for rent in New residence on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in New residence.

Suburb Insights for New Residence 5333

Market Insights
New Residence Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
New Residence Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.