2 Dora Avenue, Seaton SA 5023

Corner block | 1975 build | four-bedroom kids’ wing | low-upkeep land | coastal fringe locale This property presents a competitively strong offering for a family seeking established space with minimal upkeep. Its separate children’s wing and large alfresco area are functional advantages in a suburb with high demand, evidenced by a 21% annual growth rate. The corner block and single-level layout further solidify its appeal to owner-occupiers, which dominates the street’s long tenures. Proceed with the understanding that its value hinges on the executed renovations. The wide price estimate range signals potential overcapitalisation risk, which you must validate through a building inspection. The commercial logic is clear for a long-term hold, leveraging Seaton’s momentum. Acquire at or below the median for comparable four-bedroom houses to ensure equity growth from day one. * Last sold January 2015 for $505,000. * Median price for 4-bed houses in Seaton is $1,130,000. * No recent sales on Dora Avenue for direct comparison. The 2015 sale price contextualises the suburb’s substantial appreciation. The current median indicates this property’s listed price per square meter sits at a premium, demanding scrutiny of its renovation quality to justify the rate.