12 Tessier Court, Moana SA 5169

3-bed house on 803m² lot | mid-range Moana valuation | no overlays | large block versus local stock This house presents a competitively strong land position within its suburb, offering a lot size substantially larger than typical local offerings, which provides future flexibility. The absence of flood or heritage overlays removes material administrative risk. It serves the family buyer seeking space over new finishes, with its three-car capacity and catchment to established government schools meeting core suburban demand. The primary decision risk is the unknown building age and condition, which imposes immediate inspection and potential capital expenditure costs on the buyer. The commercial opportunity lies in the unimproved land value; the large parcel is under-utilized by a modest building. Acquire for long-term hold with a view to incremental improvement, as the land component will drive capital growth more reliably than the existing structure. Comparable properties indicate a clear value gradient based on land size and configuration: – 12 Preston Court (330m² lot): $759,000 – 12 Fishcombe Court (719m² lot): $824,000 – 12 Redgate Court (600m² lot, 4-bed): $1,004,000 This house’s $904,000 valuation is justified by its superior 803m² lot, positioning it as a land-play above smaller parcels but below premium, upgraded homes.