53 Riley RoadWellington East SA 5259
Property Details for 53 Riley Rd, Wellington East
Last Listing description (November 2024)
Fully fenced half-acre allotment with town water connected, in the fast-growing Wellington
Marina, just a stone's throw from the Wellington Lake. Situated at the end of a peaceful cul-de-sac with a bitumen road, this presents as a great investment opportunity or a sustainable part-time or permanent River Murray lifestyle.
With no restrictions on build time and no Developer encumbrances on the type of build this block is an affordable opportunity to be part of the relaxed river lifestyle.
You are only within a short walk to the Pangarinda Botanic Garden, a short drive to the local free ferry to cross the river to the Wellington Hotel and within 40 minutes to the renowned Langhorne Creek wine region.
Conveniently located 1 hour's drive from the City of Adelaide and just 10 minutes to the new and exciting SA Motorsport Park at Tailem Bend.
Property History for 53 Riley Rd, Wellington East, SA 5259
- 06 Nov 2024Sold for $155,000
- 16 Jul 2024Listed for Sale SOLD BY ANDREW DICKSON
- 19 Mar 2015Sold for $28,000
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0About 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 555 properties. Over the last 5 years, Houses in Wellington East have seen a 102.28% increase in median value. As at 31 October 2024:
- The median value for Houses in Wellington East is $475,329 while the median value for Units is $402,065.
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