11 Herbert Edwards Drive, Streaky Bay SA 5680

5 beds | 2 ensuites + study | in-ground pool | 30% site coverage | bushfire overlay This property presents a configuration that is rare and competitively strong for its locale, offering a substantial family footprint with five bedrooms, dual ensuites, and dedicated study space on a large lot with low building coverage. The inclusion of ducted climate systems, a pool, and multiple car spaces creates a premium, move-in ready package that serves a specific buyer seeking a permanent family residence or a high-end holiday home, capitalizing on the scarcity of such comprehensive offerings in the market. Its position is further solidified by reliable connectivity and the absence of flood or heritage constraints, streamlining the ownership proposition. The primary decision mechanism involves the bushfire overlay, which imposes specific construction standards and potential insurance costs that a buyer must factor. The significant valuation gap between the listed price and a noted historical sale, while likely anomalous, necessitates independent title verification. The opportunity lies in acquiring a property whose feature set significantly outpaces the typical local stock, suggesting stronger holding power and resale appeal. Given the scale of investment and the limited comparable evidence for direct validation, this property is best acquired with a conditional building inspection focused on bushfire compliance, positioning it as a long-term hold for an owner-occupier rather than a short-term investment vehicle. Recent comparable sales in the area include a three-bedroom, one-bathroom property on 1146m² that sold for $650,000 after a lengthy market period, and another listing that sold slightly under its asking price at $370,000. This limited data underscores a market where simpler properties transact at a significantly lower price point. The inference for this subject property is that its premium asking price must be justified almost entirely by its superior size, bedroom count, and premium inclusions, as no direct five-bedroom comparables exist to benchmark its value.