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.
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'.
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:
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