117 Moores Drive, Hardwicke Bay SA 5575

117 Moores Drive, Hardwicke Bay SA 5575
3 bed, 1 bath, 4 car spaces, 861mยฒ lot | 230mยฒ building, east-facing near beach | Bushfire overlay, older occupant street | Limited local sales, 12 days on market This property offers a rare combination of generous internal space and substantial land in a tightly held coastal pocket. The 230mยฒ building on 861mยฒ provides immediate liveability and future flexibility, while the east-facing allotment minutes from the beach adds genuine lifestyle appeal. With 81% owner-occupancy on the street and an older demographic profile, the neighbourhood is stable and low-turnover, which suits buyers seeking a permanent coastal retreat rather than a speculative flip. The bushfire overlay is a known constraint but does not appear to have deterred comparable listings nearby. This house best suits a buyer who values space and location over renovation potential, and who intends to hold medium-term. The key risk is the thin local market: only three properties sold in Hardwicke Bay this year across all bedroom types, and median price data is absent, making exit timing uncertain. The bushfire overlay may affect insurance premiums and lending criteria for some buyers, and the lack of rental income estimates suggests limited investor demand in this pocket. However, the lot size and building coverage offer a future subdivision opportunity if council zoning permits, and the street’s low turnover suggests minimal price volatility. Hold this property as a long-term coastal home or second dwelling, and monitor subdivision feasibility only if local demand strengthens.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Hardwicke Bayโ€™s demand is being driven by its quiet coastal lifestyle, limited waterfront stock and growing interest from seaโ€‘changers and retirees seeking holiday or lowโ€‘density living. Buyers are attracted by relative affordability to busier SA coastal towns and shortโ€‘stay/rental potential, while risks include smallโ€‘market volatility, limited services, seasonal demand and pressures from coastal redevelopment as older shacks are replaced. Prices have been broadly flat over the past six months with only modest local variations depending on which properties trade.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

4

Land

861mยฒ

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