OFF MARKET

11 George Street
Port Wakefield SA 5550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7012m2
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Property Details for 11 George St, Port Wakefield

Building Type
Land
Land Size
7012m2
Local Government
Wakefield

Last Listing description (July 2018)

7012m2. 'Subdivide and Prosper' With almost 2 acres of residentially zoned land that has 2 street frontages and services available, this property is very adaptive for either permanent living and or development opportunities.
LAND: 7012m2 (almost 2 acres). Previously consented for 12 residential allotments this incredible and diverse property enables a multiple of options. It s location within the township boundary along with it s residential zoning provides the opportunity to subdivide, develop and profit from. Create or add to your property portfolio with this rare opportunity.
Options include;

- By as a whole and enjoy living on one large allotment with plenty of room for your new home, shedding and more.
- Create two almost one acre allotments and still enjoy the benefits of a large block with having similar next door. Perfect for multiple families and choosing your own neighbour.
- Provisional concept plans are available upon request for subdivision of 6 Torrens Title allotments of over 1,000m2 (1/4 acre) each.
- Possibilities of creation for up to 12 smaller community title allotments.
With S.A. Water passing by, power availability, these properties offer some very purposeful and prosperous options with some of these options requiring formal development approval.

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Property History for 11 George St, Port Wakefield, SA 5550

A timeline of how this property has performed in the market
  • 14 Nov 2016
    Listed for Sale UNDER CONTRACT

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About Port Wakefield 5550

The size of Port Wakefield is approximately 176.1 square kilometres. It has 9 parks covering nearly 6.9% of total area. The population of Port Wakefield in 2011 was 554 people. By 2016 the population was 639 showing a population growth of 15.3% in the area during that time. The predominant age group in Port Wakefield is 50-59 years. Households in Port Wakefield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Wakefield work in a labourer occupation. In 2011, 62% of the homes in Port Wakefield were owner-occupied compared with 56.7% in 2016.

Port Wakefield has 578 properties. Over the last 5 years, Houses in Port Wakefield have seen a 106.41% increase in median value, while Units have seen a 215.37% increase. As at 31 August 2024:

  • The median value for Houses in Port Wakefield is $309,730 while the median value for Units is $418,498.
  • Houses have a median rent of $255.
There are currently 2 properties listed for sale, and no properties listed for rent in Port wakefield on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Port wakefield.

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