1/178 Karatta Terrace, Penneshaw, SA 5222 | Property Value & History | OnTheHouse
OFF MARKET

1/178 Karatta Terrace
Penneshaw SA 5222

Bedrooms: 7
Bathrooms: 4
Car spaces: 4
Land area: 1107m2
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Property Details for 1/178 Karatta Tce, Penneshaw

1/178 Karatta Tce, Penneshaw is a 7 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 1107m2.

Building Type
House
Land Size
1107m2
Local Government
Kangaroo Island

Last Listing description (December 2017)

'Seashells' Penneshaw offers 2 beautifully appointed beach side residences that provide a brilliant blend of panoramic ocean vistas coupled with modern architectural design.
This unique opportunity is more than a rare buying opportunity it's a lifestyle experience.
Both homes share the calming interior selections, quite simply the homes are everything you would ever ask of a permanent residence or lavish holiday home.

Architecturally designed, the homes are positioned to capture wonderful yet private views over the beautiful Hog Bay beach and ferry dock. The consideration to the colour palate has ensured the 'sea theme' has flowed throughout to truly embrace the picturesque location and benefits of seaside living.
Expansive glass windows can be retracted so as to keep the relationship with the ocean intimate and serene. Modern open plan living combines functionality and practicality with simple but effective use of space such as benches being accessible from both sides.
These two individually titled homes side by side, give rise to the ability to live in one and rent the other out, or rent both homes and enjoy a lucrative holiday rental income.
Allotment 1, comprises a 3 bedroom, 2 bathroom home and Allotment 2 comprises a 3 bedroom 1 bathroom home. Allotment 2 has the added advantage of a 4th bedroom with en-suite bathroom and can be 'isolated' from the balance of the home, ideal as a parents retreat or private lock away area for the owners personal use.
In total, both homes offer 7 bedrooms and 4 bathrooms.
Perhaps you could purchase with other parties and holiday together each in your own home or maybe one in a self managed superannuation scheme, there are numerous options.
Penneshaw is the gateway to Kangaroo Island and the first township to welcome visitors to the island. These homes are well positioned in a tightly held area of Penneshaw and clearly offer an exceptional living experience.
Inspection will certainly impress! A wonderful time to escape the from the problems of the world and embrace the safe and secure living environment of Kangaroo Island!
Kangaroo Island is the new 'Luxe' location and recently the South Australian State Government has passed legislation to support the Kangaroo Island region by way of appointing a 'Commissioner'. Visit http://kangarooislandcommissioner.sa.gov.au/ to view what impact and projects are on the drawing board for Kangaroo Island.
In short it's a great time to invest!
For more information contact Michael Barrett, Century 21 on Kangaroo Island on 0427 727 333

Property History for 1/178 Karatta Tce, Penneshaw, SA 5222

A timeline of how this property has performed in the market
  • 07 Nov 2015
    Listed for Sale Not Disclosed
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About Penneshaw 5222

The size of Penneshaw is approximately 5.0 square kilometres. It has 7 parks covering nearly 9.4% of total area. The population of Penneshaw in 2016 was 275 people. By 2021 the population was 269 showing a population decline of 2.2% in the area during that time. The predominant age group in Penneshaw is 60-69 years. Households in Penneshaw are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Penneshaw work in a managers occupation.In 2021, 66.10% of the homes in Penneshaw were owner-occupied compared with 67.30% in 2016.

Penneshaw has 540 properties. Over the last 5 years, Houses in Penneshaw have seen a 126.81% increase in median value, while Units have seen a -12.08% decrease. As at 31 October 2025:

  • The median value for Houses in Penneshaw is $503,607 while the median value for Units is $569,614.
There are currently 7 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to Cotality's data, 14 properties were sold in the past 12 months in Penneshaw.

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Cotality Copyright and Legal Disclaimers about Property Data
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.