OFF MARKET

24 South Terrace
Penneshaw SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 809m2
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Property Details for 24 South Tce, Penneshaw

Building Type
Land
Land Size
809m2
Local Government
Kangaroo Island
Lot/Plan
A158/F181000

Last Listing description (October 2023)

Discover the ultimate opportunity to build your dream coastal retreat on this prime piece of land located at 24 South Terrace, Penneshaw, Kangaroo Island. Embrace the tranquillity of Island life while enjoying breathtaking ocean views and a picturesque north-facing aspect. This 809sqm (approx) block of land boasts a generous frontage of 20.11 meters (approx), providing ample space to design your ideal Island oasis.

Nature enthusiasts will delight in the proximity to coastal bush trails. Lace up your hiking boots and embark on adventures through native flora and fauna, with breathtaking views and endless exploration right at your doorstep. Easy access to township amenities, you can enjoy local eateries, shops, and community activities within walking distance.

Whether you're looking to build a permanent residence, a vacation getaway, or an investment property, 24 South Terrace offers the lifestyle you've been dreaming of. Envision the possibilities, embrace the tranquillity, and seize the chance to make Kangaroo Island your home.

For more information and to arrange a viewing, contact Jack Wagner today.

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Property History for 24 South Tce, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$190,000
13 Oct 2023
  • 13 Oct 2023
    Sold for $190,000
  • 11 Aug 2023
    Listed for Sale Not Disclosed
  • 24 Jan 2022
    Sold for $178,000
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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 548 properties. Over the last 5 years, Houses in Penneshaw have seen a 78.45% increase in median value, while Units have seen a -12.08% decrease. As at 31 October 2024:

  • The median value for Houses in Penneshaw is $503,932 while the median value for Units is $408,699.
  • Houses have a median rent of $240.
There are currently 3 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Penneshaw.

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