8a Penney's Rise, Onkaparinga Hills SA 5163
8a Penney’s Rise, Onkaparinga Hills SA 5163
3 bed 2 bath with 4 car spaces on 300m²|Bushfire overlay present|Rental yield ~$650pw|Recent listing signals steady demand|Modern low-maintenance build suits families or downsizers seeking elevated views and NBN fibre. Compact footprint with courtyard, solar panels, reverse-cycle AC, and secure parking appeals to buyers prioritizing convenience over space. Positioned in bushland setting on Onkaparinga Hills’ rises, it offers quiet elevation at 106m with outdoor entertainment but faces bushfire risk and distance to amenities. Demand firm from families drawn to Wirreanda Secondary
Detailed Independent Property Report prepared by PropCred Analyst team for 8a Penney’s Rise, Onkaparinga Hills SA 5163
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✓
Execution Risk
✕
2
Insight: Onkaparinga Hills SA 5163
Onkaparinga Hills is attracting buyers for its semi?rural lifestyle, larger blocks and proximity to Adelaide, with growing developer interest in subdividing and redeveloping larger lots. (( Buyers are driven by space, lifestyle and family appeal; risks include limited public transport and planning controls, but those constraints also create opportunities for sensitive infill and small?scale development. (( Prices have trended up over the past six months with steady, moderate growth and solid demand expect resilience but monitor planning changes and interest?rate movements. ((
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
4
Land
300m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst