Adelaide Hills Council approves small-scale housing estate in Lobethal to entice budget homebuyers
A small-scale housing estate in one of the Hills’ most tightly-held towns has been given the official go ahead.
Adelaide Hills
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It was only given the final tick of approval a month ago, but a small-scale housing estate in Lobethal is already attracting strong demand from homebuyers.
A land division at 29 Kumnick Street, Lobethal was approved by the Adelaide Hills Council in April and comprises 11 lots, each measuring around 800 sqm.
The blocks are priced between $197,500 and $200,000 and are sold through Elders Real Estate.
Selling agent Sylvia Jemson-Ledger said the blocks provided an affordable alternative for buyers seeking land outside of Mount Barker.
The current median house price in Lobethal is $364,000, compared with $440,000 in Mount Barker.
“Because it’s a little bit more up market, we are getting a lot of interest from families with children, people who grew up there but couldn’t buy (into the town) because there was nothing there,” Ms Jemson-Ledger said.
“But we’re also getting interest from new timers and interstate who are wanting a Hills home and that’s even though you’d think the fires may have deterred them but it hasn’t.
“It’s also attractive because Mount Barker is getting so hard to get in and out of, so the little country towns are very appealing and it’s where we’re getting a lot more of a response.”
Ms Jemson-Ledger said the developer purchased the land late last year, with the block originally containing a small family home.
“It was an old family home, a deceased estate that I sold to the developers,” she said.
“The family had lived there for 50 years and still had sheep, all while everything around them got built up, so it was the last bit of land just left there.
“A year ago, the owner passed and the sons didn’t want to continue it, so they decided to sell with the potential to attract a developer who would divide it into smaller blocks.”
The development was approved by the council’s assessment panel on April 14 and included the removal of one regulated tree and two significant trees.
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