111/1 Banfield Road, Goolwa North SA 5214
111/1 Banfield Road, Goolwa North SA 5214
This property is a 3-bedroom, 2-bathroom townhouse within the Lakeside Goolwa Over 50s lifestyle village, approximately 4 years old and in as-new condition. It features ducted reverse cycle air conditioning, a 6-panel solar system, stone kitchen benchtops, a single-person lift, and a private marina berth. The unit offers river and water views from a fully fenced paved patio and balcony.
What is competitively strong here is the combination of a private marina berth and a single-person lift, features that are rare in any regional setting and almost unheard of in an Over 50s village. The property sits within a well-established, large-scale complex of 146 units, meaning the village amenities—indoor pool, leisure precinct, and maintained common grounds—are already mature and operational. This townhouse serves best the retiree or couple who prioritises boating access, low-maintenance living, and a home that can accommodate mobility needs now or in the future. Its as-new condition and premium finishes position it well above typical older retirement stock in Goolwa North, making it a standout for the lifestyle buyer.
Several factors may affect the property’s value. The ongoing cost of $377 per fortnight is a material consideration, as it includes council rates and village access but is higher than what a standard non-village home would carry. The Over 50s age restriction inherently limits the buyer pool, which could slow resale or narrow demand. The private marina berth is a strong value driver, but its worth depends on the buyer’s boating interest. Conflicting data across listings for unit numbers and bedroom counts creates some uncertainty about the exact configuration, so a site inspection is necessary to confirm the floor plan and finishes before forming a final view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 111/1 Banfield Road, Goolwa North SA 5214
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Goolwa North presents as a tightly held coastal market, with demand anchored by its natural amenities and a mature demographic profile. This established buyer base, coupled with exceptionally low vacancy rates, supports a robust housing market demonstrating strong recent capital appreciation. While sales volumes indicate steady turnover, the limited rental supply underscores its appeal as a lifestyle destination. Future growth will likely remain linked to its coastal positioning, though the market’s maturity suggests a degree of insulation from broader volatility.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
8.29 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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