32 North TcePenneshaw SA 5222
Property Details for 32 North Tce, Penneshaw
Last Listing description (March 2022)
- 32 North Terrace, Penneshaw
- Strategically located 2900 sq metre parcel, zoned Town Centre
- Prominent position overlooking the beach, Hog Bay, and Backstairs Passage, on Kangaroo Island's eastern coast
- Immediately adjacent to the Sealink ferry docking terminal
- Concept plan for hotel on the site
- Recently concluded operator selection process could be made available to interested parties.
Property History for 32 North Tce, Penneshaw, SA 5222
- 07 Dec 2021Listed for Sale $3.1 m
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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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