6 Karatta TerracePenneshaw SA 5222
Property Details for 6 Karatta Tce, Penneshaw
Last Listing description (March 2023)
This location is without doubt, one of the most sought after locations on all of Kangaroo Island. Penneshaw is known for its incredible expansive views over Hog Bay all the way back to the mainland and 'The Levels' as it is affectionately known by locals, is our single most enquired about location in Penneshaw.
This beautiful elevated allotment has power going past and water connected, and covers approximately 1200 square meters with a frontage of some 22.6 meters.
Imagine building your dream home here and waking up to such an amazing outlook with plenty of room for boats and sheds too. Perhaps even consider a subdivision similar to the one next door.
The land has been cleared and is ready to go!
We just love Penneshaw. Beach-goers will appreciate the incredible white soft sand and crystal clear waters of Hog Bay Beach. Easy boat launching is available at Christmas Cove for those looking for a plate of King George whiting for dinner. There's an abundance of quality coffee and dining options within the town and how great is it to disembark the ferry and be 'home' in two minutes!
Sophie 0428 922515
Stuart 0416 399 535
RLA 288582
All potential development is subject to the relevant planning consents.
SPECIFICATIONS:
Address: 6 Karatta Tce Penneshaw
CT - Vol 5516 Folio 665
Council - Kangaroo Island
Zoning - Neighbourhood
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 6 Karatta Tce, Penneshaw, SA 5222
- 29 Mar 2023Sold for $350,000
- 24 Feb 2023Listed for Sale Contact Agent
- 12 Nov 2021Sold for $250,000
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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 91.51% increase in median value, while Units have seen a -12.08% decrease. As at 31 December 2025:
- The median value for Houses in Penneshaw is $467,736 while the median value for Units is $604,087.
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