1986 build | 806m² land in quiet pocket | 4 bed, 2 bath, 2 car | renovated throughout
This property presents a competitively strong family proposition within its established Tanunda setting. Its larger 806m² allotment is a genuine rarity against typical suburban blocks, granting tangible space and privacy. The comprehensive internal renovation delivers a modern, neutral palette that eliminates immediate capital works, while the dual living areas and dedicated study create a versatile floorplan. It serves the family buyer seeking a settled home in a peaceful locale, with the updated kitchen and bathrooms providing a move-in ready condition without premium pricing.
Decision hinges on reconciling its listed price against the higher estimated market valuation, indicating potential negotiation headroom. The bushfire overlay is a defined risk requiring insurance cost verification. Its solid rental estimate supports an investment hold, but the primary value is owner-occupancy. Proceed with a strategy to acquire below the estimated median, leveraging the property’s ready condition and land size as key levers.
Recent comparable sales data is limited, with only one same-street property noted as currently for sale. The lack of clear, recent sold benchmarks in the immediate vicinity necessitates a more expansive comparative search to accurately anchor this property’s value. This gap underscores the importance of a tailored valuation approach beyond automated estimates.