1 Penang RoadWeeroona Island SA 5495
Property Details for 1 Penang Rd, Weeroona Island
Last Listing description (November 2023)
Phone enquiries - please quote property ID 20611.
Weeroona Island is approximately 1.2 X .8 Klm's in size connected to the mainland by a permanent tarsealed causeway, the properties are residential.
The Island has a new boat launching and seafood cleaning facility, it has a walking track, there is a playground with fitness equipment.
The 1000 sq m block is a corner block at 1 Penang Rd. The block has town water. There is no electricity however Off grid is a great choice today.
On the West side of Penang rd is Veitnam park.
There is water veiws to the North and south.
To the East is the magnificent Flinders Ranges with easy short access to the many attractions, the Barrossa and Clair valleys are an easy drive of approximatley 1.25 hours.
I have another block on the Island which i am about to commence building on so I am keen to sell this block, I am open to all serious offers.
I believe Weeroona Island has been a hidden gem and a great investment.
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 1 Penang Rd, Weeroona Island, SA 5495
- 04 Jan 2019Listed for Sale $65,500 Negotiable
- 10 May 2018Sold for $10,000
- 10 May 2018Sold
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About Weeroona Island 5495
The size of Weeroona Island is approximately 1.9 square kilometres. It has 1 park covering nearly 26.1% of total area. The population of Weeroona Island in 2011 was 227 people. By 2016 the population was 107 showing a population decline of 52.9% in the area during that time. The predominant age group in Weeroona Island is 60-69 years. Households in Weeroona Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Weeroona Island work in a clerical occupation. In 2011, 77.8% of the homes in Weeroona Island were owner-occupied compared with 76.3% in 2016..
Weeroona Island has 160 properties. Over the last 5 years, Houses in Weeroona Island have seen a 319.00% increase in median value, while Units have seen a 145.75% increase. As at 31 October 2024:
- The median value for Houses in Weeroona Island is $433,659 while the median value for Units is $751,880.
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