1/141 The Cove Road, Hallett Cove SA 5158

1/141 The Cove Road, Hallett Cove SA 5158
1/141 The Cove Road is a ground-floor villa built in 1990 with 401 m² of land and a 100 m² floor plan. It has three bedrooms, one bathroom, and two parking spaces. The property is upgraded and low-maintenance, located in Marion Council with no bushfire overlay. This property is regarded as competitively strong for its unusually generous land size relative to typical 1990s villas in Hallett Cove. The 401 m² allotment and two-car parking are rare for a unit-style dwelling, giving it a configuration edge over standard stock in the suburb where land often falls between 250 and 300 m². The upgraded condition and ground-floor access make it suitable for families seeking low-maintenance living near schools, as well as retirees or downsizers who prioritise space without the upkeep of a full house. Its location within a desirable coastal suburb with good public schooling is considered a stable demand driver. The property’s value may be influenced by its compact 100 m² floor area, which might feel constrained for a three-bedroom layout, particularly if the bedrooms are smaller than modern expectations. The 1990 build date, while upgraded, might still require periodic maintenance on roofing, plumbing, or windows. Buyers should weigh the land size advantage against the limited internal square meterage when forming a view on price. The single bathroom could also be a constraint for larger households, though the master’s direct access to it is a useful feature.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/141 The Cove Road, Hallett Cove SA 5158
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk 2
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Market Insight

This suburb presents a compelling family-oriented market, with demand anchored by established professionals and couples with children. The housing market is characterised by strong recent price growth and brisk sales activity, reflecting a competitive environment with limited stock. Future performance will be shaped by its appeal to this dominant demographic, though the limited unit market and concentrated buyer profile present inherent supply and demand constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

401m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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