27 Freycinet WayPenneshaw SA 5222
Property Details for 27 Freycinet Way, Penneshaw
Last Listing description (June 2024)
This is a beautiful spacious north facing allotment overlooking the picturesque Penneshaw Golf Course and walking distance to everywhere.
With a relatively slight slope from front to back, the allotment is already cleared and 'build friendly' for those looking for a less complex offering.
Penneshaw is still forging ahead in popularity due to its unique village charm, spectacular beaches and proximity to the ferry. Great dining options most definitely add to the appeal.
Mains water is connected with power at the boundary. The property currently has a large easement over the council land to the north for soakage purposes, however with works presently underway, you should be able to connect to the community waste management system in the next few months.
Vacant land with entry level pricing and such qualities as this one possesses are becoming increasingly harder to find in Penneshaw. Best jump on this one fast.
SPECIFICATIONS:
CT - 5900/113
ALLOTMENT 54 DEPOSITED PLAN 61908
Council - Kangaroo Island
Zoning - Neighbourhood
Council Rates: $1157.30 p.a.
SA Water: TBC
Note: Additional 3metre easement for drainage purposes along western boundary.
Please note all development is subject to Planning Consents.
Disclaimer:
Whilst all information has been obtained from sources we believe to be accurate, it cannot be relied upon and we accept no liability for any errors or omissions (including but not limited to a property's land size, building size floor plans, building age and condition). All interested parties should seek and obtain independent advice. Should this property be scheduled for auction, the Vendors statement may be inspected at our office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes prior
Property History for 27 Freycinet Way, Penneshaw, SA 5222
- 24 Jun 2024Sold for $127,000
- 16 May 2024Listed for Sale SOLD BY S&S
- 04 May 2007Sold for $100,000
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0About 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.
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