1478 Redbanks RoadAmerican River SA 5221
Property Details for 1478 Redbanks Rd, American River
1478 Redbanks Rd, American River is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1977. The property has a land size of 1263m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Last Listing description (February 2019)
Currently lovingly known as Prestige Cottage, this cute home has everything you could need for permanent living or would be ideal as a Bed and Breakfast. The surprise is on the inside - completely renovated and updated with a modern and quirky flair, the home has 3 good size bedrooms, modern kitchen and spacious living room that opens onto the most amazing deck with simply stunning views of Pelican Lagoon and beyond. The home also has pretty gardens, a garage, wood shed and plenty of rainwater storage. Your options here are to retain the vacant block to protect those sea views or make a profit and on-sell the block for $50,000 approx.
Property History for 1478 Redbanks Rd, American River, SA 5221
- 03 Jan 2019Sold for $227,500
- 20 Nov 2018Listed for Sale $225,000 to $245,000
- 13 Mar 2013Sold for $120,000
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About American River 5221
The size of American River is approximately 3.7 square kilometres. It has 10 parks covering nearly 13.0% of total area. The population of American River in 2016 was 238 people. By 2021 the population was 280 showing a population growth of 17.6% in the area during that time. The predominant age group in American River is 70-79 years. Households in American River are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in American River work in a labourer occupation.In 2021, 74.30% of the homes in American River were owner-occupied compared with 76.60% in 2016.
American River has 623 properties. Over the last 5 years, Houses in American River have seen a 82.09% increase in median value, while Units have seen a 5.04% increase. As at 30 April 2026:
- The median value for Houses in American River is $504,434 while the median value for Units is $575,048.
- Houses have a median rent of $235.
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