OFF MARKET

45 Pangarinda Drive
Wellington East SA 5259

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2028m2
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Property Details for 45 Pangarinda Dr, Wellington East

Building Type
Land
Land Size
2028m2
Local Government
Coorong
Lot/Plan
A944/T170201

Last Listing description (October 2020)

This is an affordable opportunity to create a self sufficient lifestyle close to the river as an investment, permanent living or weekend escape. We welcome this flat, 2027 sqm vacant allotment to the market.

With no restrictions on build time and no Developer encumbrances on type of build these blocks are an attractive proposition.

Wellington East is located one hour's drive from Adelaide, 8 minutes to Tailem Bend and a short ferry trip to the Wellington Township boasting the historic Wellington Pub and Courthouse Cafe.

For the astute investor the new SA Motorsport Park located in Tailem Bend just 12km's away which will operate year round could be seen to create some prosperous investment opportunities to the area.

Specifications:
Council / Coorong District Council
Land Size / 2027 sqm
Zoning / Residential

All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee the information is accurate, and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.

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Property History for 45 Pangarinda Dr, Wellington East, SA 5259

A timeline of how this property has performed in the market
Last Sold
$50,000
30 Sep 2020
  • 30 Sep 2020
    Sold for $50,000
  • 26 Jun 2020
    Listed for Sale $60,000-$65,000
  • 18 Oct 2016
    Sold for $28,000

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About Wellington East 5259

The size of Wellington East is approximately 59.3 square kilometres. It has 1 park covering nearly 1.6% of total area. The population of Wellington East in 2011 was 129 people. By 2016 the population was 174 showing a population growth of 34.9% in the area during that time. The predominant age group in Wellington East is 60-69 years. Households in Wellington East are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Wellington East work in a managers occupation. In 2011, 89.3% of the homes in Wellington East were owner-occupied compared with 75% in 2016.

Wellington East has 556 properties. Over the last 5 years, Houses in Wellington East have seen a 114.10% increase in median value. As at 30 November 2024:

  • The median value for Houses in Wellington East is $487,351 while the median value for Units is $483,635.
There are currently 10 properties listed for sale, and 1 property listed for rent in Wellington east on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Wellington east.

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