67 Heysen Cres, West Lakes Shore SA 5020

67 Heysen Cres, West Lakes Shore SA 5020
Modern two-storey family home | 2015 build with flexible living zones | 0.7km to primary school | Large 260m² internal area This property presents a competitively strong offering for a growing family seeking space and modern construction in an established suburb. Its 2015 build date reduces immediate capital expenditure risk, while the multiple living zones and generous floor plan directly serve the demand for flexible work-from-home and family separation. The prime catchment for West Lakes Shore School, within walking distance, solidifies its appeal to a specific buyer pool and supports long-term value retention. The principal risk is valuation misalignment, given the extreme outlier comparable sale at $3.3 million on a nearby street, which distorts suburb price perception. The commercial opportunity lies in acquiring a relatively modern house without renovation overhead, in a stable catchment. Acquire this as a long-term family home, not a short-term trade; its configuration ensures it meets needs for a decade, hedging against transaction costs. * **33 Hawkesbury Way, West Lakes Shore:** Sold for $3,300,000. This is a severe outlier that should be disregarded for direct comparison, indicating a fundamentally different property type or circumstance. * **1 Heysen Crescent:** Listed at $1,320,000. This active listing on the same street provides the only relevant market benchmark, setting a clear price ceiling for the area. The $710,000 purchase in 2016 establishes a strong historical growth trajectory. Buyers must ignore the inflated $3.3 million sale and focus on the direct street listing, which suggests a current market value likely positioned between the 2016 price and the $1.32 million ask.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

West Lakes Shore presents a premium residential market, with its housing sector demonstrating robust capital appreciation and sustained demand, evidenced by strong price growth and consistent sales activity. This contrasts with a more subdued unit market, where recent price adjustments have created a distinct value segment with higher rental yields. The market’s stability is supported by solid rental demand across both property types, indicating a balanced appeal to both owner-occupiers and investors seeking established, high-quality housing.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

348m²

Built

Recent Assessments