OFF MARKET

154 Main Street
Yankalilla SA 5203

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 1919m2
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Property Details for 154 Main St, Yankalilla

154 Main St, Yankalilla is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1919m2.

Building Type
House
Land Size
1919m2
Local Government
Yankalilla
Lot/Plan
A424/F165143

Last Listing description (May 2016)

Here is a golden opportunity to purchase a cute country cottage situated on a very generous 2023sqm approx or a terrific development site. Perhaps you could live in the existing home for now, and sometime down the track build the home of your dreams?
The real value here is the size of the land and the location backing onto the River Bungala as it does. Imagine your Home overlooking the beautiful River and Rural Land. One could only imagine the views and serenity from the rear veranda - perfect with a glass of wine, whilst watching the kids catching yabbies and enjoying the natural environment right at their own back door.
This a great way to break into the property market for someone on a budget. A bit of enthusiasm to revamp the basics already there and you will produce a great result for not a lot of money and endless possibilities for the future. Compared with remaining in the rental market this makes a lot of sense. The current low interest rate environment and rates likely to move lower yet - means now is the perfect time to make a start!

For the developer there is the potential of rental in the short term and later demolition for redevelopment and even possible subdivision STCA. This is a large allotment so the opportunities are varied looking forward. The position of the property relative to services in Yankalilla and Normanville is excellent and sure to add value in years to come.

Property History for 154 Main St, Yankalilla, SA 5203

A timeline of how this property has performed in the market
  • 24 Apr 2014
    Listed for Sale $270,000 REDUCED

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About Yankalilla 5203

The size of Yankalilla is approximately 31.9 square kilometres. It has 8 parks covering nearly 1.9% of total area. The population of Yankalilla in 2011 was 1,018 people. By 2016 the population was 905 showing a population decline of 11.1% in the area during that time. The predominant age group in Yankalilla is 60-69 years. Households in Yankalilla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yankalilla work in a trades occupation. In 2011, 73.5% of the homes in Yankalilla were owner-occupied compared with 70.5% in 2016.

Yankalilla has 789 properties. Over the last 5 years, Houses in Yankalilla have seen a 95.27% increase in median value, while Units have seen a 157.71% increase. As at 31 October 2024:

  • The median value for Houses in Yankalilla is $722,049 while the median value for Units is $518,282.
  • Houses have a median rent of $435.
There are currently 5 properties listed for sale, and 1 property listed for rent in Yankalilla on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Yankalilla.

Suburb Insights for Yankalilla 5203

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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.