198 Princes HighwayTailem Bend SA 5260
Property Details for 198 Princes Hwy, Tailem Bend
198 Princes Hwy, Tailem Bend is a 5 bedroom, 3 bathroom House with 10 parking spaces and was built in 1950. The property has a land size of 11100m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (March 2022)
Phone enquiries - please quote property ID 28247.
Waterfront freehold property to the edge of the River Murray.
3600 m2 4 Bedrooms 2.5 bath plus 1 bedroom studio with ensuite
Lagoon frontage with boat access to main river frontage
This property is situated approximately 100 kilometres southeast of Adelaide CBD in the township of Tailem Bend. It is situated on the southwestern side of the Princes Highway via a service road providing easy access.
Development along Princes Highway includes detached residential dwellings, commercial and retail properties along with short-term accommodation.
The property is located within the township with a bitumen road to the driveway.
The property is zoned: Mixed Use, suited for multiple applications both commercial and residential. It has both riverfront and Princes Highway exposure offering potential as a multiple dwelling site for residential or short stay accommodation. (STCA approval required).
This is an excellent opportunity with huge investment in the area with $1 billion Murray Bridge transformation, the Bend Motorsport Park (Australia's Premier Multi-Purpose Motorsport Facility - 2nd largest in the world), and much more.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Property History for 198 Princes Hwy, Tailem Bend, SA 5260
- 28 Mar 2022Sold for $778,000
- 08 Feb 2022Listed for Sale $848,000
- 04 Aug 2017Sold for $525,000
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About Tailem Bend 5260
The size of Tailem Bend is approximately 241.3 square kilometres. It has 11 parks covering nearly 1.6% of total area. The population of Tailem Bend in 2011 was 1,803 people. By 2016 the population was 1,633 showing a population decline of 9.4% in the area during that time. The predominant age group in Tailem Bend is 50-59 years. Households in Tailem Bend are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tailem Bend work in a labourer occupation. In 2011, 76.9% of the homes in Tailem Bend were owner-occupied compared with 73.2% in 2016.
Tailem Bend has 1,274 properties. Over the last 5 years, Houses in Tailem Bend have seen a 93.43% increase in median value, while Units have seen a 100.65% increase. As at 30 September 2024:
- The median value for Houses in Tailem Bend is $341,370 while the median value for Units is $449,318.
- Houses have a median rent of $360.
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