Lot 3 Binneys Trk, Penneshaw, SA 5222 | Property Value & History | OnTheHouse
OFF MARKET

Binneys Track
Penneshaw SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3136m2
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Property Details for Lot 3 Binneys Trk, Penneshaw

Building Type
Land
Land Size
3136m2
Local Government
Kangaroo Island

Last Listing description (June 2017)

**VERY HEAVILY REDUCED ....... THIS IS A STEAL!!**
The vendor needs this sold and has reduced it by a further $30,000 so i can tell you...this wont last long!
Beautifully positioned to capture some of the best water and mainland views across Hog Bay! This large parcel of 3161m2 has power passing and water connected making this an attractive option for those looking for an easy start to building. Native vegetation offers privacy & screening with cleared areas making ideal house sites to capture the sparkling water views. The adjacent reserve down into the gully is abundant with wildlife and makes this peaceful location the perfect retreat from the hustle of daily llife.

Fantastic views over the turquoise waters towards the mainland, watch the ferries coming & going. Quietly tucked away but close enough to walk to the beach & town centre. Ideal for those wanting to be close to the mainland and ferry transport but enjoy the idyllic life our special Island has to offer.
Contact Local Agent Kate Palmer on 0438 531 480 to make an offer or find out how you can secure this very attractive parcel.

Property History for Lot 3 Binneys Trk, Penneshaw, SA 5222

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

The size of Penneshaw is approximately 5.0 square kilometres. There are 7 parks, covering nearly 9.4% of the 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 541 properties. Over the last 5 years, Houses in Penneshaw have seen a 58.29% increase in median value, while Units have seen a -12.08% decrease. As at 30 April 2026:

  • The median value for Houses in Penneshaw is $491,030 while the median value for Units is $577,818.
There are currently 7 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to Cotality's data, 17 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.