70 Congdon St, Padthaway is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1982. The property has a land size of 770m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Rarely can the market present an opportunity to purchase a home of this calibre for an asking price under $100,000. Padthaway is conveniently located midway between the major regional towns Naracoorte and Bordertown. Being an agriculture-based community it provides good prospects for employment in agriculture and viticulture within an ideal family environment.
The Riddoch Highway passes through the town while the Bordertown to Padthaway Road is of a good standard. Locally there is a highly respected licensed store which also provides postal services. There is a well-regarded Primary School and a very high standard of local sporting/social venues and rural service businesses.
Numerous employees in the district currently travel from away to work in the area. This home provides an excellent alternative to travelling by providing very affordable housing.
The size of Padthaway is approximately 356 square kilometres. It has 5 parks covering nearly 2.9% of total area. The population of Padthaway in 2011 was 457 people. By 2016 the population was 318 showing a population decline of 30.4% in the area during that time. The predominant age group in Padthaway is 40-49 years. Households in Padthaway are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Padthaway work in a managers occupation. In 2011, 69.6% of the homes in Padthaway were owner-occupied compared with 66.6% in 2016.
Padthaway has 338 properties. Over the last 5 years, Houses in Padthaway have seen a 128.33% increase in median value. As at 31 October 2024:
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