76 York Terrace, Ferryden Park SA 5010

3 bed family home | 2003 built on 419sqm | Ferryden Park near coast | tender closes mid May This property offers a rare combination of modern construction and a generous 419sqm lot in Ferryden Park, an area where older stock dominates. The 176sqm internal layout with three bedrooms and two bathrooms positions it well for families seeking a low-maintenance foothold near the coast without paying premium beach suburb prices. The 2003 build means fewer immediate upgrade demands than most competing listings, which strengthens a buyer’s negotiating position for a property that is essentially move-in ready for a family or high-yield for an investor targeting the rental market. The primary risk lies in the tender process itself, which can inflate final price beyond initial expectations if multiple parties compete. The conflicting price signals in the market suggest either data errors or a seller testing demand, so a buyer must conduct independent valuation work before bidding. The opportunity is that tender campaigns often deter casual buyers, potentially reducing competition for a well-priced property. Hold this as a long-term family home or rent it out for steady yield, given the area’s ongoing demand for modern housing stock.