OFF MARKET

24-28 Salem Road
Penrice SA 5353

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 17290m2
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Property Details for 24-28 Salem Rd, Penrice

24-28 Salem Rd, Penrice is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 17290m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1950
Floor Size
120m2
Land Size
17290m2
Local Government
Barossa
Lot/Plan
A102/D26735

Last Listing description (May 2017)

If you have been looking for a lifestyle block, then look no further - this tidy little cottage, just minutes from Angaston town centre, with bitumen road access to the gate and a picture book setting in 4 acres of quality Shiraz vineyard has all the positive attributes of country living.
This quaint 1950 s weatherboard cottage has been beautifully maintained over the years and while small and compact, offers comfortable living in a perfect vineyard setting. A single carport provides dry access to the home through the back porch. There are two bedrooms under the main roof and a galley kitchen with a small lounge and bathroom. An outside sleep out is a great place to accommodate the extended family when visiting and this also includes another potential TV room for kids. The laundry is a good size but accessed through the patio.
While this home is small, it is a property that has scope for so much more, a beautiful country setting, opportunity to build your forever home in a small vineyard, perhaps even producing a bottle or two of wine from the vineyard. Alternatively, the vineyards could go and shedding and a pool could be considered or all of the above as there is plenty of space.

So let s dream for a moment .`and think about a renovation or even a new build. This home could easily provide comfortable living, while you renovate. Take the home away afterwards or utilize as a guest home or even a B&B. Do nothing and its a home perfectly suited as your weekend retreat!
Salem Rd Penrice is a great location, in a picture book setting. The sky is the limit as to what you choose to do with it. But get in quick as 4 acre blocks like this don t last long!

Property History for 24-28 Salem Rd, Penrice, SA 5353

A timeline of how this property has performed in the market
Last Sold
$420,000
09 May 2017
  • 09 May 2017
    Sold for $420,000
  • 29 Mar 2017
    Listed for Sale $410,000-$430,000
  • 15 Jan 2016
    Transferred

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About Penrice 5353

The size of Penrice is approximately 19.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Penrice in 2011 was 338 people. By 2016 the population was 455 showing a population growth of 34.6% in the area during that time. The predominant age group in Penrice is 50-59 years. Households in Penrice are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penrice work in a labourer occupation. In 2011, 83.2% of the homes in Penrice were owner-occupied compared with 84.3% in 2016.

Penrice has 280 properties. Over the last 5 years, Houses in Penrice have seen a 98.56% increase in median value, while Units have seen a 554.00% increase. As at 31 October 2024:

  • The median value for Houses in Penrice is $780,227 while the median value for Units is $393,244.
  • Houses have a median rent of $340.
There are currently 4 properties listed for sale, and no properties listed for rent in Penrice on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Penrice.

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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.