61 Bailey Road, Middleton SA 5213
61 Bailey Road, Middleton SA 5213
Renovator’s coastal block | Flat 761m² site | 500m to beach | Smaller 2.5-bed layout | Solid brick shell
This is a genuine coastal renovator’s opportunity, sitting on a flat, usable 761m² allotment within a short walk of Middleton Beach. The solid brick construction gives a sturdy base, while the generous land size offers real flexibility for extending, updating, or rebuilding subject to council approval. It is best suited to buyers who see value in sweat equity or builders looking for a project, rather than those seeking a move-in-ready family home. The 2.5-bedroom configuration is smaller than much of the surrounding detached stock, which may limit appeal for traditional family buyers, but it also positions the property at a more accessible entry point into a beachside suburb that is otherwise dominated by larger, pricier homes. The flat site and established coastal setting are its strongest cards.
The main factors that might influence value are the dated condition of the internal finishes and the smaller bedroom count relative to neighbouring houses. An updated presentation could widen buyer appeal, but the property’s ultimate ceiling may be set by how much a buyer values the land and location over the current dwelling. The lack of a confirmed build year or aspect means orientation and structural condition should be inspected closely before forming a firm view. Rental demand appears modest, with yields in the low-to-mid 2% range, so investor buyers should weigh capital growth potential against cash flow. Lifestyle buyers, however, may find the beach proximity and flat block compelling enough to justify a premium.
|| Comparable Sales: 52 Bailey Road sold $590,000 (3-bed, Sep 2025); 3 Gull Court listed $1.1M (2017 build, 1,121m²) | Property Price Band: $600,000–$700,000 | Value Drivers: flat land size, beach proximity, renovation potential
Detailed Independent Property Report prepared by PropCred Analyst team for 61 Bailey Road, Middleton SA 5213
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Middleton presents a premium coastal market, evidenced by its strong recent price appreciation and consistent rental demand. This sustained growth suggests demand is driven by lifestyle buyers and investors, attracted by the area’s appeal and solid rental yields. The market demonstrates healthy momentum with a steady sales volume, though the pace of sales indicates a considered purchasing environment. Future performance will hinge on the enduring appeal of its coastal positioning and broader economic factors influencing buyer sentiment.
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PropCred Estimated Value
Comparable Sales: 52 Bailey Road sold $590,000 (3-bed, Sep 2025); 3 Gull Court listed $1.1M (2017 build, 1,121m²) | Property Price Band: $600,000–$700,000 | Value Drivers: flat land size, beach proximity, renovation potential
Bedrooms
2
Bathroom
1
Parking
2
Land
761m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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