27 Stephens Avenue, Strathalbyn SA 5255
27 Stephens Avenue, Strathalbyn SA 5255
3-bedroom 1986 house | 986-1001m² land | bushfire overlay detected | covered entertaining area
This property offers a rare combination of a generous land holding and a modestly sized 84m² home, which positions it as a strong candidate for buyers seeking space and future flexibility. The 9% building coverage is the standout structural feature, suggesting potential for extension or redevelopment subject to council approval. The updated bathroom, modern built-in robes, and trendy décor reduce immediate capital outlay, while the covered entertaining area and chicken coop add lifestyle appeal. It suits families wanting room to grow, downsizers seeking single-level living on a large block, or investors targeting the $560-$620 weekly rental range in a quiet Strathalbyn street.
The bushfire overlay is the primary risk factor and should trigger a thorough assessment of building compliance and insurance implications. No flood or heritage overlays simplify due diligence. The 63-metre elevation and 4-metre roof height are neutral but worth noting for thermal performance. FTTP internet and 4G mobile coverage support remote work viability. The 2023 sale date provides a recent market benchmark, and the estimated $682,000 value should be stress-tested against comparable sales given the overlay. For a buyer willing to navigate the bushfire overlay, the land-to-building ratio and quiet location create meaningful long-term optionality.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Stephens Avenue, Strathalbyn SA 5255
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Strathalbyn presents a mature, established market with strong appeal to downsizers and retirees, evidenced by a demographic skew towards older residents and high outright ownership. This cohort is driving demand for houses, creating a low-turnover, owner-occupied market. Recent price performance has been robust, supported by very low vacancy rates and consistent sales activity, indicating solid underlying demand. Future growth will likely hinge on this sustained demographic appeal, though the market’s reliance on a specific buyer segment and limited unit data present a concentrated profile.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
1001m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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