15 Pine Avenue, Kingston Park SA 5049
15 Pine Avenue, Kingston Park SA 5049
2012-built coastal family house | 4 bed 3 bath 4 car on 548m² | Two master suites with water views | 250m from Seacliff Beach | Premium executive coastal stock
This property holds a genuinely rare position in Kingston Park. The combination of a 2012 build, 324m² of internal space, and a 548m² block with water views from multiple living areas puts it well above the typical coastal stock in this suburb, which tends toward older, smaller courtyard homes. The two master suites and flexible upstairs retreat make it especially suited to multi-generational families or executive owner-occupiers who want room to spread out without sacrificing the beachside lifestyle. Hebel construction and ceiling batts suggest a solid, energy-conscious build, and the double garage with extra off-street parking adds practical weight. For a buyer seeking a move-in-ready coastal family home with genuine scale and a short walk to the beach, this is a scarce offering.
The flood overlay noted in planning records may affect future development flexibility, particularly any pool or outdoor additions, and could influence insurance costs. The 59% building coverage leaves limited land for expansion, so the property’s value rests largely on its existing configuration and views rather than redevelopment potential. The heritage overlay inconsistency between data sources is worth clarifying through the official planning atlas before committing. School catchments are established, which supports family demand, but the high price point means the buyer pool is narrower. Rental yield sits around 2.5%, typical for premium coastal property where capital growth rather than income drives the investment case.
|| Comparable Sales: No direct settled sales available; nearby coastal homes with water views have transacted in the $1.8M–$2.2M range | Property Price Band: $2.0M–$2.1M | Value Drivers: Water views, 2012 build quality, two master suite layout
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Pine Avenue, Kingston Park SA 5049
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Kingston Park presents as a tightly held, high-value coastal enclave, characterised by low sales volumes and a premium house market that has demonstrated consistent capital appreciation. Demand is anchored by established households, with a significant portion of owners having mortgages, indicating a mature and settled demographic. The market exhibits resilience with steady growth, supported by strong rental demand for larger family homes. Future performance is underpinned by its scarcity and desirability, though the limited turnover and higher price point inherently constrain accessibility and market fluidity.
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PropCred Estimated Value
Comparable Sales: No direct settled sales available; nearby coastal homes with water views have transacted in the $1.8M–$2.2M range | Property Price Band: $2.0M–$2.1M | Value Drivers: Water views, 2012 build quality, two master suite layout
Bedrooms
4
Bathroom
3
Parking
4
Land
548m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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