3 Centre Street, Largs Bay SA 5016

3 Centre Street, Largs Bay SA 5016
Detached 1950s-era house | 3-bed family layout | mid-sized coastal block | strong lifestyle demand | renovation upside This house is positioned within a well-established coastal suburb where detached family homes on generous blocks are the dominant form. The configuration — likely three bedrooms, single or double parking, and a mid-century shell — suits buyers seeking a solid base within walking distance of beach amenity. Its appeal is strongest for owner-occupiers wanting a manageable renovation or extension, or for families prioritising a seaside lifestyle with good public school access. The property type is not rare, but the land content and street location in this suburb carry genuine weight, given how tightly held the area is. Value may be shaped by the extent of prior updates, the orientation of the living areas, and any scope for a second bathroom or rear extension. Land shape and frontage could also influence redevelopment potential, though the dwelling itself may be the main driver for most buyers. Presentation and natural light are likely to outweigh minor cosmetic flaws.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3 Centre Street, Largs Bay SA 5016
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk
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Market Insight

Largs Bay is a mature coastal market where demand is led by established professionals and older owner-occupiers, consistent with the dominant 40–59 age cohort. The median house price ranges from $977,000 to $1,020,000, with annual growth between 5.01% and 9.6%, and an 11.65% rise over the past year. Houses spend a median 33 days on market, vacancy is 0.65%, and the gross rental yield is 3.08%. With 37–55 house sales annually, turnover is thin. Limited unit price data and an absence of supply or affordability metrics constrain forward risk assessment.
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PropCred Estimated Value

Comparable Sales: 11C Centre Street sold $965,000 | Property Price Band: $900K–$1M | Value Drivers: condition, land size, layout

Bedrooms

3

Bathroom

1

Parking

2

Land

664m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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