2988 Hog Bay Road, Pelican Lagoon SA 5222
2988 Hog Bay Road, Pelican Lagoon SA 5222
This 2-bedroom, 2-bathroom house with 5 car spaces is positioned in Pelican Lagoon SA. The property is suited to family living in an established residential setting.
Market Insight:
Pelican Lagoon (SA 5222) attracts buyers seeking coastal lifestyle and rural holdings – driven by Kangaroo Island’s tourism appeal, sea-change demand and a very limited supply of buildable parcels, with recent small sales and lifestyle land listings reflecting a low-volume, high-amenity market. Opportunities include proposed luxury tourism projects and eco-tourism growth, while risks are low liquidity, remoteness and planning/conservation constraints; prices for rural and lifestyle parcels have broadly edged up over the past six months despite few transactions.