2 Railway TerraceBute SA 5560
Property Details for 2 Railway Tce, Bute
2 Railway Tce, Bute is a 4 bedroom, 1 bathroom House with 5 parking spaces and was built in 1960. The property has a land size of 982m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (February 2015)
What an amazing opportunity to purchase the former State Bank building in the heart of Bute that was transformed into a spacious residence some years ago. There are four bedrooms, a modern kitchen with dishwasher , L shaped lounge and dining room with feature fire place and one of the biggest family rooms that was once The Banking Chamber still with direct street access via the air lock porch. There is the strong room complete with safe door still in working order, male & female WC's, combustion heater, air conditioning, single garage under the main roof plus another store/workshop. The grounds are low maintenance, the block size is 982m2, there is a lovely pergola out the back or verandah out the front to sit back and watch the daily activities that pass you by in Bute. Inspection is a must and can be arranged by contacting the Sales Agent David Bussenschutt on 0429 692511.
Property History for 2 Railway Tce, Bute, SA 5560
- 31 Mar 2015Sold for $190,000
- 29 Mar 2014Listed for Sale 198000
- 07 Sep 2006Sold for $160,000
Recent sales nearby
See more recent sales nearby
/assets/perm/ujr3um5l4qi6xdcfvflh4lz73m?signature=49f5361d9296dc5ed25a7aa9981948303511ef624b697bc0f1b53658ca3d71e0){kind=logo}
0
/assets/perm/tbhzayy2k4i6xjwej6t32gvxmm?signature=376f052b6b12e3c3eff7034c07b1b8a8498770958ceba730ce50bf78115624e4){kind=logo}
0About Bute 5560
The size of Bute is approximately 238.6 square kilometres. It has 7 parks covering nearly 0.2% of total area. The population of Bute in 2016 was 413 people. By 2021 the population was 389 showing a population decline of 5.8% in the area during that time. The predominant age group in Bute is 60-69 years. Households in Bute are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Bute work in a managers occupation.In 2021, 82.50% of the homes in Bute were owner-occupied compared with 85.90% in 2016.
Bute has 329 properties. Over the last 5 years, Houses in Bute have seen a 140.65% increase in median value. As at 31 March 2026:
- The median value for Houses in Bute is $455,457 while the median value for Units is $321,405.
Suburb Insights for Bute 5560
Market Insights
Bute Trends for Houses
N/A
N/A
View TrendN/A
N/A
Bute Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
