OFF MARKET

56 Wright Road
Penneshaw SA 5222

Bedrooms: 3
Bathrooms: 3
Car spaces: 6
Land area: 2008m2
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Property Details for 56 Wright Rd, Penneshaw

56 Wright Rd, Penneshaw is a 3 bedroom, 3 bathroom House with 6 parking spaces and was built in 2006. The property has a land size of 2008m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
House
Year Built
2006
Land Size
2008m2
Local Government
Kangaroo Island
Lot/Plan
A112/D61807

Last Listing description (March 2016)

Beautifully located high atop the hill overlooking the town of Penneshaw, 'Hog Bay Hill' is a contemporary home sited in a most peaceful and serene setting. Thoughtful design captures the subtle water views over the township, beach and ferry dock from almost every room in the home. Peaceful & private, day to day living is almost 'retreat' like. The abundance of native Casuarina trees attracts the rare Glossy Black Cockatoo, and shade the outdoor entertaining & play areas. Free flowing and modern in features, the home has the added option to be perfectly placed in the lucrative 'Bed and Breakfast' market, with one of the rooms totally independent from the main home & equipped with kitchenette and en-suite bathroom.
The property is supplied with both mains water and large rainwater tank, solar panels provide input power to the main grid offering credit off the electricity account.
Unique in many ways, the property is in keeping with what Kangaroo Island is best renown for...raw beauty, tranquillity and interaction with nature, all of which is on offer at 'Hog Bay Hill'.

Previously operated as a Bed & Breakfast. To view please visit www.hogbayhill.com.au
To arrange inspection, contact Michael Barrett on 0427 727 333 anytime.

Property History for 56 Wright Rd, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$455,000
15 Mar 2016
  • 15 Mar 2016
    Sold for $455,000
  • 01 Oct 2015
    Listed for Sale Not Disclosed
  • 19 Jun 2015
    Listed for Sale $485,000
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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.

Suburb Insights for Penneshaw 5222

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.