11 The Avenue, Medindie SA 5081
11 The Avenue, Medindie SA 5081
1890 heritage home|6 beds 8 baths 10 cars|2851m² lot w pool|Heritage precinct appeal|
Expansive 766m² residence on generous lot offers multi-level living with abundant parking and pool, ideal for large or extended families seeking space in a historic setting. Suits affluent buyers prioritising legacy estates over modern builds, positioned in Medindie Historic Conservation Zone under Walkerville Council with heritage overlay limiting alterations. Appeals to families drawn to elite school catchments: nearby independent R-12
Market Insight:
Medindies demand is driven by its prestige location close to the Adelaide CBD, leafy large blocks and proximity to top private schools, attracting wealthy owner?occupiers and land?bankers seeking long?term capital preservation. (( Risks include very high entry prices, very low listing volumes and sensitivity to interest?rate shifts, while opportunities stem from persistent supply shortage, strong buyer competition and any renewed borrowing appetite. (( Over the past six months prices have been broadly firm to modestly higher. ((