4 Balandra Street, Hallett Cove SA 5158

1984 build | 626m² north-facing allotment | 3 bed, 2 bath configuration | 0.6km to primary school This property presents a competitively strong land position within a tightly held street, its dual-bathroom layout and near-flat, usable block being rare for its vintage in this suburb. The significant land component and established garden appeal directly to upsizing families seeking space and proximity to well-regarded government schools. It serves the long-term owner-occupier best, offering a foundation for both immediate living and future value addition. The primary risk is the substantial price growth since its 2015 purchase, compressing yield and demanding scrutiny of recent comparable sales to justify the premium. The opportunity lies in the street’s demonstrated capital growth trajectory; holding this property for a decade will likely outperform the suburb average given its configuration and land size. Acquire with a view to long-term occupation, as its rental yield does not support a passive investment thesis. Recent sales on Balandra Street indicate a strong upward trend: – 12 Balandra St: $825,000 (Sep 2025) for 3 bed, 2 bath, 2 car – 10 Balandra St: $580,000 (Feb 2022) for 3 bed, 1 bath, 1 car – 7 Balandra St: $396,000 (Dec 2019) for 3 bed, 1 bath, 1 car This trajectory, particularly the 2025 sale, supports the current asking range and confirms buyer demand for dual-bathroom homes on this street.