24 Penny LaneCoffin Bay SA 5607
Property Details for 24 Penny Lane, Coffin Bay
24 Penny Lane, Coffin Bay is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 856m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Last Listing description (February 2016)
Everyone loves a bargain and Coffin Bay property in this price bracket is now a screaming buy!!! There might be an oversupply just at the moment but wait 12 months and the market will look completely different.
24 Penny Lane is a classic example of this dynamic, priced below replacement value, this property has to be on the astute buyer's radar. Perfect for a growing family, retired couple or investor, you will be pleasantly surprised by what your money can buy.
The house is divided perfectly for modern living, sleeping to the left and living to the right and a common space in the centre to offer some flexibility.The spacious rear deck area provides an all weather, private living space perfect for the Coffin Bay lifestyle.
Main bedroom with ensuite and WIR
3/4 bedroom flexibilty
2 large livings spaces divided by sliding doors
Great out door deck
New 9 x 7.5m shed with 3 phase power
Remote control roller doors
65000 litres of rainwater storage
Large 865m2 allotment fully landscaped
This property is very well presented and I have difficulty finding anything to do to make it more comfortable. The owners have ticked all the boxes.
If you are in the market for a home in Coffin Bay in this price bracket this property is a 'must inspect' You will not be disappointed!!
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Property History for 24 Penny Lane, Coffin Bay, SA 5607
- 05 Feb 2016Sold for $323,000
- 10 Dec 2013Listed for Sale $360,000
- 16 Dec 2009Sold for $310,000
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About Coffin Bay 5607
The size of Coffin Bay is approximately 360.9 square kilometres. It has 14 parks covering nearly 86.5% of total area. The population of Coffin Bay in 2016 was 611 people. By 2021 the population was 664 showing a population growth of 8.7% in the area during that time. The predominant age group in Coffin Bay is 60-69 years. Households in Coffin Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coffin Bay work in a managers occupation.In 2021, 73.90% of the homes in Coffin Bay were owner-occupied compared with 79.50% in 2016.
Coffin Bay has 1,041 properties. Over the last 5 years, Houses in Coffin Bay have seen a 87.42% increase in median value, while Units have seen a 0.03% increase. As at 30 November 2025:
- The median value for Houses in Coffin Bay is $594,837 while the median value for Units is $448,921.
- Houses have a median rent of $445.
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