1/28 Hastings Street, Glenelg South SA 5045
1/28 Hastings Street, Glenelg South SA 5045
This 1969-built two-bedroom, one-bathroom unit spans 54 square metres internally on a 68-square-metre lot. It features floorboards, built-in wardrobes, split-system air conditioning, a secure carport, and a fully fenced courtyard with outdoor entertaining space. The property forms part of a low-rise block typical of Glenelg South’s 1960s housing stock.
The outdoor courtyard and secure carport are considered standout inclusions for a unit of this scale, offering rare private outdoor space and convenient parking. Within Glenelg South, this property sits as a functional entry-point into a suburb valued for its proximity to the beach and Adelaide CBD rather than its prestige. It is best suited to first-home buyers or downsizers prioritising location efficiency over expansive living areas. The 1969 build and modest internal dimensions are typical of the area’s low-rise stock, but the inclusion of floorboards and split-system air conditioning lifts the interior feel. This unit competes on accessibility and yield potential, not on size or architectural distinction.
The property’s age may factor into ongoing maintenance considerations, particularly for common areas within the block. Its modest internal area might narrow the buyer pool to those not requiring generous living space. The absence of recent renovation upgrades could influence price negotiations, as buyers may factor in modernisation costs. The suburb’s school catchment profile may also limit demand from family-oriented purchasers.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/28 Hastings Street, Glenelg South SA 5045
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Glenelg South presents a premium coastal market currently undergoing a price correction, with divergent trends between its high-value housing and more resilient unit segments. Recent data indicates softening house prices, while the unit market has demonstrated notable strength. This dynamic suggests demand is being driven by lifestyle-oriented buyers and investors seeking relative value, attracted by the suburb’s established character and coastal proximity. Future performance will be closely tied to broader economic conditions and the balance between its constrained supply of homes and prevailing affordability pressures.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
68m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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