24A Oceanview Avenue, Maslin Beach SA 5170

Coastal duplex | ocean views | bushfire overlay | 2008 build | walk to beach The property sits in a rare intersection of modern coastal design and genuine beach proximity, which gives it a structural advantage over older stock further inland. The 316-square-metre building on 348 square metres of land is unusually generous for a duplex, and the upstairs living area with ocean views creates a premium amenity that most comparables lack. This configuration suits a professional couple or downsizer who values immediate lifestyle over land banking, and the 2008 build means it avoids the compliance and maintenance issues of older coastal homes. The high owner-occupier character of Maslin Beach supports stable demand and limits rental turnover risk, which is a quiet positive for future resale. The bushfire overlay is the primary constraint and will meaningfully affect insurance premiums and any future extension or renovation costs, so a buyer should obtain a full insurance quote before exchange. The absence of a flood overlay is a small structural advantage. The property’s value sits in its liveability rather than its land content, so the buyer should treat it as a hold for lifestyle rather than a short-term capital play. If the purchase price aligns with the lower end of recent market signals, the rental yield of around 3.7 percent gross provides a reasonable floor for holding costs. Use it as a primary residence or a high-quality holiday let with a clear exit timeline of five to seven years.