210 Shepherds Hill Road, Bellevue Heights SA 5050

210 Shepherds Hill Road, Bellevue Heights SA 5050
4-bed dual-living layout | Bushfire overlay | 825mยฒ corner block | Airbnb-ready walk-in walk-out This propertyโ€™s strongest buying case is its dual-living configuration on a full 825mยฒ lot, which is rare in Bellevue Heights. The existing Airbnb setup with walk-in walk-out furniture means immediate income potential from day one, and the 254mยฒ building footprint with five total car spaces gives genuine flexibility for multigenerational households or a home-and-income model. It suits a buyer who values yield and separation of space over a pristine single-dwelling feel, and the estimated $780 weekly rent supports solid holding economics even before any value-add work. The bushfire overlay is the primary risk and may affect insurance costs and future redevelopment scope, though the absence of flood or heritage overlays is a plus. The 1958 build and satellite-detected roof height suggest some maintenance attention is needed, but the recent 2023 sale at $818k and current estimate near $1,005k show the market has already priced in the overlay. For a buyer, the commercial logic is to hold as a dual-income rental while the areaโ€™s steady demand and limited supply of large lots underpin long-term value, or to live in one side and let the other cover the mortgage.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Bellevue Heights presents as a tightly held, established suburb with a mature demographic profile, where family households dominate. Demand is driven by professional owner-occupiers, supported by strong recent capital growth. The market is characterised by low sales volumes, indicating limited supply, which underpins its robust price performance. Future growth will likely hinge on the suburb’s appeal to this established demographic, though its low turnover and specific buyer profile may constrain broader market momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

5

Land

825mยฒ

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