11 George StreetPort Wakefield SA 5550
Property Details for 11 George St, Port Wakefield
Last Listing description (July 2018)
7012m2. 'Subdivide and Prosper' With almost 2 acres of residentially zoned land that has 2 street frontages and services available, this property is very adaptive for either permanent living and or development opportunities.
LAND: 7012m2 (almost 2 acres). Previously consented for 12 residential allotments this incredible and diverse property enables a multiple of options. It s location within the township boundary along with it s residential zoning provides the opportunity to subdivide, develop and profit from. Create or add to your property portfolio with this rare opportunity.
Options include;
- Create two almost one acre allotments and still enjoy the benefits of a large block with having similar next door. Perfect for multiple families and choosing your own neighbour.
- Provisional concept plans are available upon request for subdivision of 6 Torrens Title allotments of over 1,000m2 (1/4 acre) each.
- Possibilities of creation for up to 12 smaller community title allotments.
With S.A. Water passing by, power availability, these properties offer some very purposeful and prosperous options with some of these options requiring formal development approval.
Property History for 11 George St, Port Wakefield, SA 5550
- 14 Nov 2016Listed for Sale UNDER CONTRACT
Recent sales nearby
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About Port Wakefield 5550
The size of Port Wakefield is approximately 176.1 square kilometres. There are 9 parks, covering nearly 6.9% of the total area. The population of Port Wakefield in 2016 was 636 people. By 2021 the population was 661 showing a population growth of 3.9% in the area during that time. The predominant age group in Port Wakefield is 60-69 years. Households in Port Wakefield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Wakefield work in a labourer occupation.In 2021, 55.20% of the homes in Port Wakefield were owner-occupied compared with 56.70% in 2016.
Port Wakefield has 569 properties. Over the last 5 years, Houses in Port Wakefield have seen a 134.57% increase in median value, while Units have seen a 215.37% increase. As at 30 June 2026:
- The median value for Houses in Port Wakefield is $400,500 while the median value for Units is $348,741.
- Houses have a median rent of $468.
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