59 Scarlet Runner RoadThe Pines SA 5577
Property Details for 59 Scarlet Runner Rd, The Pines
Last Listing description (September 2013)
Rare Development Opportunity
In boom and bust economic times, land is the safe, long term investment/superannuation. This is a wonderful opportunity to purchase 2.08 acres of vacant land in the south eastern corner of The Pines township.
The successful buyer will have the option to developed this area into a 7 block cul-de-sac subject to council approval and conditions.
Facilities here include a general store with take-away/fuel, concrete boat ramp, playground with basketball court, new Community Hall and fantastic fishing.
Property History for 59 Scarlet Runner Rd, The Pines, SA 5577
- 15 Jan 2019Sold for $100,000
- 10 Apr 2011Listed for Sale 310000
- 12 Mar 2009Listed for Sale $399,000
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0About The Pines 5577
The size of The Pines is approximately 55.1 square kilometres. It has 1 park covering nearly 7.1% of total area. The population of The Pines in 2011 was 490 people. By 2016 the population was 99 showing a population decline of 79.8% in the area during that time. The predominant age group in The Pines is 60-69 years. Households in The Pines are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in The Pines work in a professional occupation. In 2011, 77.6% of the homes in The Pines were owner-occupied compared with 91.8% in 2016.
The Pines has 306 properties. Over the last 5 years, Houses in The Pines have seen a 106.16% increase in median value. As at 31 October 2024:
- The median value for Houses in The Pines is $404,480.
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