298 Mount Magnificent Road, Mount Magnificent SA 5210

298 Mount Magnificent Road, Mount Magnificent SA 5210
500sqm custom home | 8.9ha rural acreage | sweeping ocean to lake views | 4 bed 3 bath | 10min to Mt Compass This property presents a rare combination of substantial, high-specification living space on a large, unencumbered landholding, a profile scarce in the region. The 2006-built residence offers premium finishes and volume, catering specifically to buyers seeking a permanent lifestyle retreat or a family compound with proximity to township amenities. Its positioning capitalizes on panoramic views, enhancing its value proposition for those prioritizing privacy and aspect over urban convenience. The primary decision point is the premium for a custom, non-replicable home in a low-turnover market, which may challenge liquidity and future capital growth against more standard stock. However, the lack of development overlays and the property’s functional attributes support a stable holding for a long-term occupant. Acquire for primary residence use; its operational scale and location do not support a high-yield investment thesis.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Mount Magnificent is a small rural locality, with its market dynamics best understood through the lens of nearby Mount Compass. Demand appears to be driven by buyers seeking a rural lifestyle, supported by the established growth trajectory of the adjacent area. Recent market conditions in Mount Compass indicate strong price momentum and a stable sales environment. Future growth is likely linked to its regional accessibility, though its rural nature presents inherent supply constraints and a reliance on broader regional performance.

PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

6

Land

8.9 ha

Built

Recent Assessments