11 Mcrae Court, Strathalbyn SA 5255
11 Mcrae Court, Strathalbyn SA 5255
3 bed 2 bath 6 car | low-density court position | family-oriented suburb | strong owner-occupier demand | large parking capacity
What stands out here is the rare combination of a six-car capacity with a conventional three-bedroom family layout, which makes this house unusually practical for households with multiple vehicles, a caravan, boat, or workshop needs. The court location in Strathalbyn places it within a low-density township that attracts families and lifestyle buyers seeking space without moving to full acreage. The property suits a buyer who wants single-level living, generous parking, and a quiet street setting while remaining close to local schools and town amenities. The strong preference for three-bedroom, two-bathroom homes in this area aligns well with what this house offers, giving it broad appeal in the local market.
The value of this property may be influenced by how the extra parking space is configured, whether it is undercover, secure, or simply open hardstand, as that affects its practical worth to different buyers. The land size and how much outdoor area remains after accommodating six cars will also shape its appeal, particularly for families wanting garden space. The absence of detailed information on the building age and condition means the actual presentation could shift perceptions significantly, so a physical inspection would clarify whether the house competes with newer builds or relies on location and parking as its primary strengths.
|| Comparable Sales: 9 Bonnin Court sold $940,000, 10 Sullivan Road sold in premium family tier | Property Price Band: $900K–$1.0M | Value Drivers: land size, parking configuration, dwelling condition
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Mcrae Court, Strathalbyn SA 5255
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Strathalbyn, a South Australian town in the Adelaide Hills, is positioned as a retiree-dominated market. Demand comes from older buyers: 40% of residents are over 55, 47% of households are childless couples, and 39% own homes outright. Price momentum is mixed, with sources diverging: one records a $750,000 median house price with 12.78% annual growth; another $779,279 with 15.3%; a third $622,000 with 5.2%. Houses sell in 30–49 days, vacancy sits at 0.25%, and gross yields range 4.1–4.6%. Annual house sales volumes of 125–174 indicate reasonable liquidity. Units are illiquid, with fewer than 9 sales, making unit yields unreliable. The tight vacancy and limited unit supply support house pricing. Mortgage exposure is significant at 48%, heightening sensitivity to rate rises.
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PropCred Estimated Value
Comparable Sales: 9 Bonnin Court sold $940,000, 10 Sullivan Road sold in premium family tier | Property Price Band: $900K–$1.0M | Value Drivers: land size, parking configuration, dwelling condition
Bedrooms
3
Bathroom
2
Parking
6
Land
1248m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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