OFF MARKET

1 Lookout Drive
Paringa SA 5340

Bedrooms: 4
Bathrooms: 2
Car spaces: 18
Floor area: 189m2
Land area: 10724m2
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Last updated 18 Nov 2024
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Property Details for 1 Lookout Dr, Paringa

1 Lookout Dr, Paringa is a 4 bedroom, 2 bathroom House with 18 parking spaces. The property has a land size of 10724m2 and floor size of 189m2.

Building Type
House
Floor Size
189m2
Land Size
10724m2
Local Government
Renmark Paringa

Last Listing description (October 2020)

This property offers so much more than just a house. It is approx 2.65 acres with elevated views of the river with sweeping lawns and direct access to 94 metres of absolute river frontage for all you boating enjoyment. If you prefer you may like to rent out the marina as private houseboat moorings. The freestone homestead is circa late 1800's with grand central hallway with original pressed tin ceilings. Polished floors through home with master bedroom and second room carpeted. A wonderful opportunity to own this stately property on the river close to township of Paringa and Renmark. A truly unique property which offers enviable lifestyle and varied business prospects. This homestead lends itself to either an executive private residence or could be adapted to a function centre or tourist orientated possibilities. There is a proposed land division now with Council approval which can create a further two prestige allotments providing further development options.

Property History for 1 Lookout Dr, Paringa, SA 5340

A timeline of how this property has performed in the market
  • 25 Mar 2013
    Listed for Sale P.O.A

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About Paringa 5340

The size of Paringa is approximately 17.4 square kilometres. It has 7 parks covering nearly 1.3% of total area. The population of Paringa in 2011 was 915 people. By 2016 the population was 1,090 showing a population growth of 19.1% in the area during that time. The predominant age group in Paringa is 20-29 years. Households in Paringa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paringa work in a labourer occupation. In 2011, 77.9% of the homes in Paringa were owner-occupied compared with 71.6% in 2016.

Paringa has 654 properties. Over the last 5 years, Houses in Paringa have seen a 70.98% increase in median value, while Units have seen a 75.72% increase. As at 31 October 2024:

  • The median value for Houses in Paringa is $369,380 while the median value for Units is $297,054.
  • Houses have a median rent of $290 while Units have a median rent of $130.
There are currently 5 properties listed for sale, and no properties listed for rent in Paringa on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Paringa.

Suburb Insights for Paringa 5340

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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.