High StreetTailem Bend SA 5260
Property Details for Lot 199 High St, Tailem Bend
Last Listing description (June 2024)
EOI closing 30/06/2024
Don't miss out on the unlimited potential of this remarkable 3.31-hectare / 8.17 acre property in Tailem Bend!
With two preliminary sub-division plans drawn up, this property is ripe for development (Subject to Council Approval). The first set of plans propose 34 allotments ranging in size from 400m2 to 2800m2. The second set of plans propose the land is divided into 54 semi-dwellings ranging from 320m2 - 390m2, two detached dwellings of 600m2 and two community titled lots that could contain 4-6 dwellings.
Offering dual access from from both Hill and High Streets, residential zoning, and verging the quaint Tailem Bend Township with close proximity to the Bend Motorsport Park, this property offers outstanding value.
Whether you're a developer seeking a lucrative opportunity or an investor looking to make a smart purchase, this property has everything you need to unlock its incredible potential.
CT | 6232/933
Council | Coorong District
Zoning | Residential
Property History for Lot 199 High St, Tailem Bend, SA 5260
- 11 Nov 2024Sold for $710,000
- 05 Apr 2024Listed for Sale Expressions of Interest
- 04 Jul 2023Listed for Sale $800,000 to $880,000
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0About 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 1,282 properties. Over the last 5 years, Houses in Tailem Bend have seen a 91.20% increase in median value, while Units have seen a 100.65% increase. As at 31 October 2024:
- The median value for Houses in Tailem Bend is $351,944 while the median value for Units is $449,135.
- Houses have a median rent of $365.
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