16 Adelaide Rd, Tungkillo is a 2 bedroom, 1 bathroom House and was built in 1862. The property has a land size of 1213m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
*Offer Received On Property after first open - all Inspections Cancelled*. Numerous motivated buyers keen to purchase in Tungkillo and surrounding areas. If you have a property or know someone who does and would appreciate a current Market Appraisal based on facts not fiction, please call or e-mail - Richard - 0428 606 420 or richard@inwoodrealestate.com.au
Affordable character cottage (1867 approx.). Home is comfortable as it currently presents allowing for renovations in time which may suit a purchaser looking to get off the rental merry-go-around?
Home is on a large block, and currently presented as 2 bedrooms and a separate living area which could be a third bedroom. Lovely country kitchen, comfortable character laden lounge area with open fire place. Large cellar and attached shed at the rear of the home which is another opportunity to create an addition bedroom or living area. Properties of this vintage are rarely available, especially one that is largely original representing an opportunity to sympathetically renovate to maximise value while preserving the buildings history. Tungkillo is a rapidly appreciating area close to the River, Mount Pleasant, Adelaide Hills and approx. 45 min to the Barossa.
The size of Tungkillo is approximately 129.9 square kilometres. The population of Tungkillo in 2011 was 598 people. By 2016 the population was 289 showing a population decline of 51.7% in the area during that time. The predominant age group in Tungkillo is 50-59 years. Households in Tungkillo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tungkillo work in a managers occupation. In 2011, 79.1% of the homes in Tungkillo were owner-occupied compared with 89.3% in 2016.
Tungkillo has 252 properties. Over the last 5 years, Houses in Tungkillo have seen a 83.91% increase in median value, while Units have seen a -16.25% decrease. As at 31 October 2024:
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