118 Swaine Avenue, Toorak Gardens SA 5065
118 Swaine Avenue, Toorak Gardens SA 5065
c1926 bungalow with dual-level addition | 6 bedrooms on 812m² | premium Toorak Gardens setting | family scale with character | conflicting parking count noted
This property is competitively rare for its combination of a substantial 409m² built form on 812m² of land in a premium inner-eastern suburb. The original c1926 bungalow has been extended with a dual-level rear addition, yielding six bedrooms and two bathrooms at a scale that suits high-income families seeking character housing with modern space. Toorak Gardens is known for limited turnover and established streetscapes, so a residence of this size and era serves owner-occupiers who value period appeal alongside generous accommodation. The land holding alone positions it among the larger offerings in the area.
The conflicting parking figures—one source lists five spaces, another a single garage—may affect how different buyer segments perceive utility, though the property’s primary appeal is family living rather than vehicle storage. A 26m² difference between the 409m² building size and an alternative 383m² floor area could influence valuation if square-metre comparisons are used, so the buyer should verify the precise internal layout. The dual-level addition may involve maintenance or compliance considerations typical of older homes with later extensions, and the absence of detailed finishes in the listing warrants an inspection before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 118 Swaine Avenue, Toorak Gardens SA 5065
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Toorak Gardens is a premium eastern suburb characterised by affluent professionals and established families, driving sustained demand for its limited housing stock. This exclusive positioning is reflected in exceptionally strong recent capital growth, underpinned by high household incomes and a professional demographic. Future prospects are supported by its established appeal and connectivity, though high price points and low transaction volumes indicate sensitivity to broader economic conditions and interest rate movements.
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PropCred Estimated Value
Bedrooms
6
Bathroom
2
Parking
5
Land
812m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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