13 Lakes Park Drive, Ob Flat SA 5291
13 Lakes Park Drive, Ob Flat SA 5291
4 beds, 2 baths, 2 car garage | 836sqm land in a tightly held pocket | near Blue Lake lifestyle precinct | light-filled open plan with alfresco entertaining
This house presents a rare opportunity in Ob Flatโs tightly held pocket, where 836sqm parcels near the Blue Lake precinct are infrequent. The 309sqm floor plan with light-filled open living and a private master suite positions it strongly for families seeking space and contemporary comfort. The double garage and solar power add practical appeal, and the alfresco area extends living into a generous backyard. It serves best buyers wanting a modern family home with room to grow, in a lifestyle-driven location where supply is constrained.
The primary risk is the price band, which sits below the postcode average but reflects a property being prepared for market-any premium for readiness must be weighed against limited sales history. The 2023 sale suggests some equity growth, but without floor plans or council records, due diligence on layout and land constraints is essential. Opportunity lies in acting early if the sellerโs timeline aligns with your purchase window, as similar nearby listings like 41 Lakes Park Drive are drawing expression of interest. Hold this property for family living or medium-term capital growth, leveraging the land size and location appeal.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Ob Flat is a rural-residential enclave on the fringe of Mount Gambier, characterised by acreage properties. Demand is driven by established households seeking a semi-rural lifestyle, supported by incomes well above the regional average. The market is active with a notable volume of listings and recent sales, including premium transactions for larger acreage homes, indicating solid underlying demand for this property type. Future growth remains linked to the appeal of its land size and proximity to regional services.