50 King St, Pennington is a 2 bedroom, 1 bathroom House and was built in 1947. The property has a land size of 421m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
This property is now available for sale as part of the Affordable Homes Program, exclusively to South Australians who meet the eligibility criteria.
Purchase is restricted to people who intend to live in it as their principal place of residence, do not currently own property and meet all other eligibility criteria.
Please check your eligibility at www.affordablehomes.sa.gov.au
Do not hesitate to secure this most affordable home with great potential to upgrade and gain in future.
Most valuable and practical corner block of approximately 421sqm of land with side access - ideal to accommodate numerous vehicles and/or boat or caravan in the future.
The home offers two bedrooms, open plan and most spacious lounge and dining room adjacent to neat kitchen.
Featuring high ceilings and warm polished floor boards. This is an outstanding first home owner's opportunity to buy into this fast developing location by upgrading in the future whilst enjoying 'as is' immediately.
Enviably located close to schools, transport and the new St Clair district with local shopping, restaurants and lovely walking trails.
ELIGIBLE BUYERS PERIOD ENDS:
27 November 2016.
For further information or to inspect the property please contact listing agents Mila Inat on 0411 641 120 or area Pennington Specialist Inma Inat on 0421 407 489 of L J Hooker Woodville.
LJHOOKER WOODVILLE : 8243 0866
The size of Pennington is approximately 1.4 square kilometres. It has 6 parks covering nearly 4.3% of total area. The population of Pennington in 2016 was 3647 people. By 2021 the population was 3773 showing a population growth of 3.4% in the area during that time. The predominant age group in Pennington is 50-59 years. Households in Pennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pennington work in a professional occupation.In 2021, 59.00% of the homes in Pennington were owner-occupied compared with 57.50% in 2016.
Pennington has 1,562 properties. Over the last 5 years, Houses in Pennington have seen a 90.08% increase in median value, while Units have seen a 92.58% increase. As at 30 November 2025:
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