12/328 Esplanade, Moana SA 5169
12/328 Esplanade, Moana SA 5169
Modern beachside unit | 2020 build | 89sqm floorplan | walk to Moana sand
This two-bedroom flat at 328 Esplanade offers a rare combination of modern construction and direct coastal positioning, completed in 2020 with a sensible 89sqm layout. The 167sqm land parcel and single carport provide practical amenity for a beachside property. For a buyer seeking low-maintenance coastal living or a reliable rental holding, the unit’s proximity to Moana Beach and established rental demand around $630 weekly gives it clear income logic. The Onkaparinga Council area and school catchments add family appeal, while NBN FTTP and 5G coverage support remote work viability.
The detected bushfire overlay introduces insurance cost implications and may affect some buyer profiles, though the 2020 build standards partially mitigate physical risk. The property sits within a 22-unit complex, meaning body corporate fees and shared title considerations are non-negotiable costs that must be factored into net yield calculations. For an investor, the August 2024 sale price suggests recent market softening that could present entry opportunity. Hold this unit as a long-term coastal rental or eventual downsizer residence.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 12/328 Esplanade, Moana SA 5169
Market Insight:
Moana is a coastal suburb with a firmly established family demographic, driving sustained demand for houses. This demand, anchored by owner-occupiers, has fuelled exceptionally strong price appreciation over the past year. The market demonstrates tight rental conditions, supporting investor yields. Future growth is underpinned by this solid demographic base, though high price points and a significant proportion of mortgaged owners introduce sensitivity to economic shifts.