SOLD
Sold on 25 Jan 2024 for $200,000

1 North East Terrace
Rendelsham SA 5280

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 7942m2
Sold By
Elders Mt Gambier RLA 62833
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Property Details for 1 North East Tce, Rendelsham

1 North East Tce, Rendelsham is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 7942m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom House sold in Rendelsham in the last 12 months.

Building Type
House
Year Built
1950
Land Size
7942m2
Local Government
Wattle Range
Lot/Plan
S413/H421800

Last Listing description (July 2024)

Situated in Rendelsham, just 10 minutes from South End Beach and the country township of Millicent, lies this well-presented property, which is simply 'cherry ripe' for development.
Consisting of approx. 8,000 square metres, this highly visible property is situated on the Southern Ports Highway, making it unmissable for passing traffic that travel along the coastal route between Robe and Mt Gambier, in South Australia's beautiful South-East.
The unique property boasts other features that sets it apart from other similar offerings. These include expansive limestone cliff views overlooking the town's key entrance, sunken garden pond, access to bore watering, established fruit trees, productive veggie garden beds and a pretty lavender strip. The expansive open paddock has arguably the best peat moss enriched soil in the region. As a no spray and hand weeded property, the soil is enriched with an abundance of natural wildlife, including burrowing frogs, lady birds, butterflies and families of fairy wrens and magpies.

Whilst the one-bedroom dwelling requires renovation or redevelopment, it would be considered unlivable in its current state, any potential new owner has the opportunity to enjoy the immense 15 x 10 m storage capacity of the galvanised shed, together with an additional undercover parking area for two cars, boat or caravan.
The property has tremendous capacity to erect one or more new dwellings Subject to Council approval (STCA), or to undertake substantial fruit, flower, or native plantings, generating a range of income streams for the prospective buyer.
A pre-arranged personal (or online) inspection is a must to truly appreciate this property's enormous potential, as great value listings like these sell quickly in the current market.

RLA 62833

Property History for 1 North East Tce, Rendelsham, SA 5280

A timeline of how this property has performed in the market
Last Sold
$200,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $200,000
  • 08 Nov 2023
    Listed for Sale $229,000 - $249,000
  • 18 Jun 2021
    Sold for $148,000
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About Rendelsham 5280

The size of Rendelsham is approximately 78.9 square kilometres. The population of Rendelsham in 2011 was 878 people. By 2016 the population was 179 showing a population decline of 79.6% in the area during that time. The predominant age group in Rendelsham is 50-59 years. Households in Rendelsham are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rendelsham work in a managers occupation. In 2011, 76.1% of the homes in Rendelsham were owner-occupied compared with 78.5% in 2016..

Rendelsham has 173 properties. Over the last 5 years, Houses in Rendelsham have seen a 86.90% increase in median value. As at 31 October 2024:

  • The median value for Houses in Rendelsham is $460,848.
There are currently 1 property listed for sale, and no properties listed for rent in Rendelsham on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Rendelsham.

Suburb Insights for Rendelsham 5280

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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.