OFF MARKET

54 Wright Road
Penneshaw SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4038m2
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Property Details for 54 Wright Rd, Penneshaw

Building Type
Land
Land Size
4038m2
Local Government
Kangaroo Island
Lot/Plan
A51/D110655

Last Listing description (August 2022)

Tucked away in a private bushland setting is this highly set vacant parcel of land over looking picturesque Penneshaw.

Quite simply this is a very rare jewel and exceptional opportunity! Offering a large amount of open space, this 1 acre parcel captures superb panoramic views over Penneshaw township and as far north as the eye can see! Watch the ferries come and go and take in the wonderful ocean views that nature has provided for free.

The privacy is amazing, nestle in around the Sheok trees and spread your wings!

This extra large parcel is rare and the 'pick of the crop'. Gentle undulation, north facing, great views, natural bush, all features to create a superb elevated home site, power and water already connected.

All you need is a planning approval and the rest will fall in to place. Once developed with a residence this will be one of Penneshaw's most desirable pieces of real estate.

Realistically priced, so be quick!

For more information contact resident Century 21 on Kangaroo Island selling agents Michael Barrett on 0427 727 333 or Lili Barrett on 0459 393 514 anytime.

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Property History for 54 Wright Rd, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$185,000
26 Aug 2022
  • 26 Aug 2022
    Sold for $185,000
  • 07 Apr 2022
    Listed for Sale UNDER CONTRACT/OFFER
  • 31 Jan 2018
    Sold for $135,000

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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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