LOT 3 & 4, Stephenson Street, Milang, SA 5256 | Land for sale | OnTheHouse
FOR SALE
Lot 3: $220K -$240k

Lot 3 & 4, Stephenson Street
Milang SA 5256

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ONLY 1 AVAILABLE Affordable Entry Into a Growing Lakeside Market – Ideal for Investors & First-Home Buyers

This is a rare opportunity to secure two fully fenced vacant allotments in the popular lakeside township of Milang, offering an affordable entry point for investors and first-home buyers alike. With water already connected both blocks are ready for immediate development or strategic land banking.
Positioned within easy walking distance to schools, local dining options, a mini mart, and the local hotel, these allotments offer strong appeal for future owner-occupiers and tenants. The location is further enhanced by being just moments from the beautiful Lake Alexandrina, a major lifestyle drawcard for fishing, boating, and kayaking - supporting long-term rental demand and resale value.
Lot 3 – 582m² | $220,000 – $240,000 STILL AVAILABLE
A generous 582m² allotment featuring a large double carport, adding immediate value and flexibility. With 3 phase power close by this makes for an excellent option for buyers looking to build, invest, or secure a larger parcel of land in a tightly held area.
Lot 4 – 524m² | $195,000 – $210,000 SOLD
This 524m² allotment includes established fruit trees and vegetable gardens at the rear, making it especially appealing to first-home buyers or tenants seeking low-cost, lifestyle-focused living.
Settlement available with 30 days
With Milang continuing to gain attention and yet to reach its market peak, this is a smart opportunity to get into the market now and secure land in a growing regional lakeside location.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. RLA 62833

Property Details for Lot 3 & 4, Stephenson St, Milang, SA 5256

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About Milang 5256

The size of Milang is approximately 75.1 square kilometres. The population of Milang in 2016 was 883 people. By 2021 the population was 962 showing a population growth of 9.0% in the area during that time. The predominant age group in Milang is 60-69 years. Households in Milang are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Milang work in a labourer occupation.In 2021, 78.60% of the homes in Milang were owner-occupied compared with 81.30% in 2016.

Milang has 724 properties. Over the last 5 years, Houses in Milang have seen a 93.28% increase in median value. As at 31 July 2026:

  • The median value for Houses in Milang is $644,399 while the median value for Units is $553,239.
  • Houses have a median rent of $273.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Milang on OnTheHouse. According to Cotality's data, 28 properties were sold in the past 12 months in Milang.

Suburb Insights for Milang 5256

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Sylvia Jemson-Ledger Hills & Fleurieu
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Elders Real Estate Strathalbyn RLA62833
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.