27 Jenkins Street, Rosewater SA 5013

3-bedroom 2021 build | 347sqm land | flood overlay present | strong owner-occupied street | Rosewater 30 sold this year The property presents as a well-positioned modern house in a street where 90% of properties are owner-occupied, a signal of stable demand and limited turnover. The 2021 build with 176sqm of living space on a 347sqm block offers a configuration that suits families or investors seeking low-maintenance holding. Being newer construction reduces immediate capital expenditure risk, and the FTTP connection adds a layer of appeal for remote workers. This property serves best a buyer wanting a turnkey home in a suburb with consistent sales activity and a median price of $805k, placing it slightly below that benchmark for negotiation leverage. The flood overlay is the primary risk, potentially affecting insurance premiums and resale pool for cautious lenders or buyers, though no bushfire or heritage constraints apply. The listing price of $898k sits above the estimated value range of $730k–$860k, suggesting room to negotiate toward the mid-point. The rental potential of $640 per week offers a gross yield around 4.2% at that lower acquisition cost, making it viable for an investor if bought under $830k. Hold this property as a core residential holding, or exit within five years when the build age still commands a premium in the local market.