1 Bela Street, Hope Valley SA 5090
1 Bela Street, Hope Valley SA 5090
This is a 3-bedroom, 2-bathroom detached house built in 1974, with a 126-square-metre internal area and 4 garage spaces on a residential lot in Hope Valley. The 4-car parking is a rare and significant feature for a home of this size and age in this suburb. While many 3-bedroom homes in Hope Valley offer standard double garages, this property provides exceptional capacity for multiple vehicles, a workshop, or storage, which strongly appeals to tradespeople, car enthusiasts, or families with older children. Its older construction places it among the suburb’s established homes, offering a solid footprint on a residential block without hazard overlays, making it a practical choice for buyers seeking space and utility over modern finishes.
The property’s value may be influenced by its 1974 construction, which could require updates to systems or interiors compared to newer stock. The discrepancy between a reported 2025 sale price and current listing range suggests either significant renovation or market repositioning, so the condition of finishes and any recent improvements should be carefully assessed. The land zoning is straightforward residential, but without a stated lot size, the site’s true development potential remains unclear. Buyers should weigh the advantage of abundant parking against the possible need for capital investment in the building’s age.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Bela Street, Hope Valley SA 5090
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Hope Valley is a stable, established suburb attracting both young professionals and downsizers, creating consistent demand. This demographic drives a competitive market for family homes, evidenced by strong recent capital growth and swift sales. The suburb’s appeal is underpinned by its established character and professional resident base, though current supply levels for both sale and rental properties indicate a constrained market that supports ongoing price resilience.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
601m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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