51-53 Penny LaneCoffin Bay SA 5607
Property Details for 51-53 Penny Lane, Coffin Bay
Last Listing description (May 2019)
This property has been reduced to a low $92,000 - this is the last chance to build your dream home in this part of town. Owner needs to sell - make your offer today!
This is the only block of land available for sale at the moment, in either Penny Lane or Sophie Crescent. That is how popular this part of Coffin Bay has become.
Situated at the northern end of Penny Lane, the block measures 939 m2 and, with a 2 storey home, would pick up views of the Coffin Bay jetty and foreshore.
Call Mike Bowyer of Raine & Horne on 0428 854 020 to have an inspection of this great block.
Property History for 51-53 Penny Lane, Coffin Bay, SA 5607
- 27 Sep 2019Sold for $90,000
- 04 May 2015Listed for Sale Price Reduced $92,000
- 16 Mar 2006Listed for Sale 120000
Recent sales nearby
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0About 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 1,042 properties. Over the last 5 years, Houses in Coffin Bay have seen a 84.22% increase in median value, while Units have seen a 0.03% increase. As at 31 December 2025:
- The median value for Houses in Coffin Bay is $624,905 while the median value for Units is $360,699.
- Houses have a median rent of $445.
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