670A Eight Mile Creek Road, Eight Mile Creek SA 5291
670A Eight Mile Creek Road, Eight Mile Creek SA 5291
Rural-coastal acreage | 1990 brick house | 3 bed plus study | 1.69 acres with gardens | mid-$500s rent signal
This property holds a genuine edge in the Eight Mile Creek market because it combines a solid 1990-built family house with a landholding that is materially larger than a standard residential block. The 6,835 m² allotment, established gardens, and water glimpses place it firmly in the lifestyle segment, yet the house itself is practical rather than premium — floorboards, walk-in pantry, gas cooking, built-in robes, and an ensuite cover the essentials without overreach. The study that could serve as a fourth bedroom adds flexibility, and the enclosed rear yard with outdoor entertaining suits families or retirees who want space without a sprawling maintenance burden. It serves best a buyer seeking coastal-rural living within reasonable reach of Port MacDonnell and Mount Gambier, where the trade-off is quiet acreage for urban convenience. The rental evidence around $550 per week, with garden care included, also signals that this could work as a weekender or investment for someone who wants the option of income.
The parking configuration may affect how the property is valued, since the profile lists a single garage while rental copy describes a fully enclosed double-garage arrangement at the rear — a buyer should verify which is accurate, as secure parking for two vehicles adds meaningful utility in a rural setting. The 1990 build age means systems like roofing, plumbing, and insulation may require attention sooner than a newer house, and the distance from larger urban amenity could limit resale liquidity compared with suburban stock. The residential zoning with no detected overlays is a positive, but the acreage format and locality scale might narrow the buyer pool, so price formation may hinge on how strongly a purchaser values the land and lifestyle over the dwelling itself.
|| Comparable Sales: 1279 Eight Mile Creek Road (3-bed, 2-bath, similar lifestyle positioning, rented at $550/week) and 860 Eight Mile Creek Road (8,088 m² with sea views, sold context in the acreage band) | Property Price Band: $700,000–$800,000 | Value Drivers: land size and rural-coastal setting, 1990 build condition, flexible layout with study and secure parking configuration
Detailed Independent Property Report prepared by PropCred Analyst team for 670A Eight Mile Creek Road, Eight Mile Creek SA 5291
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Eight Mile Creek is attracting buyers for coastal lifestyle and rural‑living blocks close to Port MacDonnell and Mount Gambier, with very limited stock and appeal to sea‑change, hobby‑farm and holiday purchasers. Key risks are low turnover, reliance on the regional economy and a shallow rental market; growth opportunities come from tight supply, holiday‑rental demand and occasional farm/land uplift. Prices have been generally firm to modestly rising over the past six months.
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PropCred Estimated Value
Comparable Sales: 1279 Eight Mile Creek Road (3-bed, 2-bath, similar lifestyle positioning, rented at $550/week) and 860 Eight Mile Creek Road (8,088 m² with sea views, sold context in the acreage band) | Property Price Band: $700,000–$800,000 | Value Drivers: land size and rural-coastal setting, 1990 build condition, flexible layout with study and secure parking configuration
Bedrooms
3
Bathroom
2
Parking
1
Land
1.69 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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