OFF MARKET

16 Flinders Terrace
Penneshaw SA 5222

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 465m2
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Property Details for 16 Flinders Tce, Penneshaw

16 Flinders Tce, Penneshaw is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1968. The property has a land size of 465m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1968
Floor Size
96m2
Land Size
465m2
Local Government
Kangaroo Island
Lot/Plan
A135/T110201

Last Listing description (October 2021)

What an opportunity to live in the picturesque coastal town of Penneshaw, the gateway to Kangaroo Island!

Low maintenance living is on offer with this 3 bedroom home in Flinders Terrace, locally known as 'The Levels' . The area is tightly held and now that the Kangaroo Island Council has installed a new sewer system, this region has become a lot more valuable given there is no longer any need for wasted land needed for septic and soakage!

Enjoying a wonderful northerly outlook, over the beach at Hog Bay, and the clear blue waters to the mainland! This is the perfect beach side getaway for holiday rental or permanent living.

The home offers 3 bedrooms, open plan lounge/kitchen and dining. There is a golden opportunity now to reconfigure the layout and expand on the floor space toward the rear.

Externally, to the rear there is a single garage and leveled area for outdoor dining, cleaning the fish or locking up the pets! This property is one of only a few where access to the back yard is still achievable, great for leaving a car or boat in the garage and its not too far to walk from the ferry, making for reduced transport costs!

A walking path allows you to walk between the levels to the beach, and you can check on the safety of the kids at the beach from the front window!

This is a terrific opportunity in this tightly held location!

Inspection is welcome, contact local resident agent Michael Barrett 0427 727 333 to arrange an inspection.

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Property History for 16 Flinders Tce, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$335,000
29 May 2020
  • 29 May 2020
    Sold for $335,000
  • 24 Sep 2019
    Listed for Sale $395,000
  • 17 Feb 2014
    Sold for $250,500
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About Penneshaw 5222

The size of Penneshaw is approximately 5 square kilometres. It has 7 parks covering nearly 9.4% of total area. The population of Penneshaw in 2011 was 273 people. By 2016 the population was 286 showing a population growth of 4.8% in the area during that time. The predominant age group in Penneshaw is 60-69 years. Households in Penneshaw are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penneshaw work in a managers occupation. In 2011, 67% of the homes in Penneshaw were owner-occupied compared with 67.3% in 2016.

Penneshaw has 552 properties. Over the last 5 years, Houses in Penneshaw have seen a 98.75% increase in median value, while Units have seen a -12.08% decrease. As at 30 November 2024:

  • The median value for Houses in Penneshaw is $538,608 while the median value for Units is $404,610.
  • Houses have a median rent of $240.
There are currently 4 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Penneshaw.

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