49 Binneys Track, Penneshaw, SA 5222 | Property Value & History | OnTheHouse
OFF MARKET

49 Binneys Track
Penneshaw SA 5222

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Land area: 457200m2
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Property Details for 49 Binneys Trk, Penneshaw

Building Type
Rural
Year Built
2003
Land Size
457200m2
Local Government
Kangaroo Island
Lot/Plan
A127/F180969

Last Listing description (June 2021)

Welcome to 49 Binneys Track Penneshaw!

Situated on roughly 45.72HA (113 Acres) of land there's plenty of space to run some sheep, grow your own veggies of try your luck nabbing some yabbies in the dam!


You're just 5 minutes drive into town to grab a latte and sit by the beach after school drop off so it's certainly an opportunity to enjoy the best of both worlds here.

The home itself offers a very flexible floor plan for growing busy families and enjoys a favoured northerly aspect.

There are four bedrooms, three of which have large built in robes and the fourth (exceptionally large) bedroom enjoying space for a study nook but this room could easily be converted to an alternate living area or large office with it's own split system air conditioner.

An additional rumpus/kids room can be accessed by both the living areas and master suite.

The open concept living and dining area has a combustion stove that would certainly take centre stage come the winter months. There is also ducted evaporative air-conditioning for the warmer months.

The kitchen is spacious with a good amount of storage, gas cooktop and dishwasher.

The garage has been converted to an adult retreat/man cave but could very easily be re-configured to securely house two cars should you prefer. Theres plenty of space outside for parking.

Lets go outside...

The large undercover entertaining area will be the perfect place to host family and friends for Christmas lunch. With a lovely lawned area with mature trees for the kids to play all within view from the kitchen, the little ones will also love the cute cubby house to host the obligatory tea party.

There's existing shedding to house any boats and toys. Three dams to water the stock. Plenty of rainwater storage via four tanks to supply the house and garden.

The land itself is quite flat and enjoys beautiful sea vistas from the western end of the property. Coupled with frontage to three roads the property is also very well placed for potential subdivision in years to come - subject to all the relevant consents of course.

Currently the land is leased out a local sheep farmer but should you prefer you can retain the land for your own use down the track.

The current owner has had plans drawn up for an oyster bar/farmgate venture which he envisaged to be located at the western end of the property to take advantage of the views. Again subject to consents, we'd suggest entrepreneurial types will see the value in the opportunities that present here. You'll find the conceptual plans available in the photo gallery.

Inspection will be strictly via private appointment only.

Take a peek at our website for loads more photos!


For further information and to book your inspection please call Sophie on 0428 922 515.

Specifications:

Address: 49 Binneys Track Penneshaw

CT - TBC

Council -Kangaroo Island

Zoning - TBC

Council Rates approx. $TBC

SA Water Supply $TBC

Emergency Services Levy $TBC

Disclaimer:

Whilst all information has been obtained from sources we believe to be accurate, it cannot be relied upon and we accept no liability for any errors or omissions (including but not limited to a propertys land size, building size floor plans, building age and condition). All interested parties should seek and obtain independent advice. Should this property be scheduled for auction, the Vendors statement may be inspected at our office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes prior to schedule start time.

Property History for 49 Binneys Trk, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$730,000
25 Jun 2021
  • 25 Jun 2021
    Sold for $730,000
  • 19 Mar 2021
    Listed for Sale $700,000 to $770,000
  • 24 Nov 2011
    Sold for $405,000
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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 130.68% increase in median value, while Units have seen a -12.08% decrease. As at 30 November 2025:

  • The median value for Houses in Penneshaw is $644,845 while the median value for Units is $641,888.
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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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.