OFF MARKET

7 South Terrace
Penneshaw SA 5222

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 155m2
Land area: 1011m2
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Property Details for 7 South Tce, Penneshaw

7 South Tce, Penneshaw is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 1011m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
House
Year Built
1998
Floor Size
155m2
Land Size
1011m2
Local Government
Kangaroo Island
Lot/Plan
A83/T110201

Last Listing description (October 2021)

A terrific holiday home already established in the rental industry known as 'Dolphins Lookout'. True to name, the home has a superb outlook, north to Hog Bay Beach, the ferry dock and the blue waters where the dolphins play.

Offering 4 bedrooms and 2 bathrooms with an en-suite to the master bedroom, the home has great capacity to have large families or 2 families enjoy the holiday home all at the one time.

Tiled throughout, making it easy to clean and maintain, the floor plan allows for the living space to enjoy the ocean views and flows easily onto the entertaining deck.

The surrounding yard is well laid out, has a fully fenced front yard and double garage to the rear.

Within an easy walk of the beach, the package is perfect to continue to 'as is' in the holiday rental market or slow the pace to enjoy as permanent living. The property is offered on a Walk In Walk out basis, so continuing holiday rental is an very good option.

Kangaroo Island is being talked about on so many levels as a positive place to live, work and holiday, and this could be just the opportunity to enter the lucrative holiday rental market.

For more information, contact local resident selling agent Michael Barrett on 0427 727 333.

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Property History for 7 South Tce, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$330,000
28 Aug 2017
  • 28 Aug 2017
    Sold for $330,000
  • 30 Jun 2017
    Listed for Sale Not Disclosed
  • 09 Mar 1998
    Sold for $24,500

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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 552 properties. Over the last 5 years, Houses in Penneshaw have seen a 98.75% increase in median value, while Units have seen a -12.08% decrease. As at 30 November 2024:

  • The median value for Houses in Penneshaw is $538,608 while the median value for Units is $404,610.
  • Houses have a median rent of $240.
There are currently 4 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Penneshaw.

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