5/43-45 Chynoweth Avenue, Hackham SA 5163
5/43-45 Chynoweth Avenue, Hackham SA 5163
This is a 2-bedroom, 1-bathroom villa built in 1994, with 75m² of internal space on a 160m² land parcel. It features ducted Daikin reverse-cycle air conditioning, a low-maintenance yard, and secure off-street parking. The property sits in a mixed residential area of Hackham, offering a balance of privacy and convenience.
What is competitively strong here is the combination of a private ground-level yard with modern ducted air conditioning, which is not common in this price segment. The 160m² land parcel provides genuine outdoor space without the upkeep of a full house block, making it rare for a villa in this part of the suburb. This property is best suited to first-home buyers or downsizers who want a lock-and-leave lifestyle with room to breathe, as well as investors targeting reliable rental demand. Its position near schools and transport adds practical appeal, and the 1994 build is solid enough to avoid the compromises of much older stock.
The price growth from 2020 to 2026 suggests strong local demand, but a buyer should weigh a few factors. The 75m² floor area is functional but compact, which may limit appeal for families needing more internal space. The 1994 construction may require attention to windows, plumbing, or roofing within the next decade, though no immediate issues are flagged. The villa configuration means closer proximity to neighbours than a standalone house, which could affect privacy. Rental yield at current levels is modest, so an investor should factor in potential vacancy periods. These points do not undermine the property, but they shape how a buyer should value it relative to alternatives.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/43-45 Chynoweth Avenue, Hackham SA 5163
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Hackham presents as a high-growth, high-demand suburb in southern Adelaide, with its housing market experiencing exceptionally strong capital appreciation. This momentum is primarily driven by investors and owner-occupiers seeking value, evidenced by rapid sales and significant price growth. The market is notably tight, with houses selling quickly, while the unit segment offers compelling rental yields, indicating robust investor activity. Future growth will likely be sustained by this strong demand, though the pace of recent gains may introduce affordability constraints over the longer term.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
160m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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