OFF MARKET

2 Spencer Lane
Weeroona Island SA 5495

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1192m2
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Property Details for 2 Spencer Lane, Weeroona Island

Building Type
Land
Land Size
1192m2
Local Government
Mount Remarkable
Lot/Plan
A312/D73144

Last Listing description (January 2024)

Situated near South Australias Flinders Ranges , this Weeroona Island allotment provides numerous building and land use opportunities including low density residential, small mix-use, tourism services, light industrial applications and more (Subject to council approval - See Planning and Code Design information - Plan SA).

Features of note include:

- Just 15 minutes from the town of Port Pirie and 2.5 hours North of Adelaide

- Views of the Flinders Ranges and surrounding bay

- Land Size of 1,192 sqm (approx.)

- Corner Allotment with dual frontage (34.63m frontage to Anzac Parade & 29.97 Frontage to Spencer Lane)

- Rural Settlement Zone (RuS)

- The site will require septic wastewater

- All reasonable offers will be considered.

For further information, please do not hesitate to contact Pasquale Mastrangelo on 0409 465 863 or the Mastracorp Landline on 08 8212 0140

Property Code: 2015

Property History for 2 Spencer Lane, Weeroona Island, SA 5495

A timeline of how this property has performed in the market
Last Sold
$68,000
26 Jul 2022
  • 26 Jul 2022
    Sold for $68,000
  • 27 Jan 2022
    Listed for Sale $75,000
  • 09 Mar 2007
    Transferred

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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.
There are currently no properties listed for sale, and no properties listed for rent in Weeroona island on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Weeroona island.

Suburb Insights for Weeroona Island 5495

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.