138 Wentworth Parade, Hindmarsh Island SA 5214

138 Wentworth Parade, Hindmarsh Island SA 5214
3 bedroom, 2 bathroom, single-storey house on 346m², built 2013. 2 parking spaces. Compact, modern, low-maintenance layout on a flat residential lot in Hindmarsh Island. This property is competitively positioned as an affordable entry point into a desirable island suburb, where newer builds on smaller lots are uncommon. Its 2013 construction offers modern efficiency and reduced upkeep compared to older stock, appealing strongly to families seeking a manageable home or retirees downsizing without sacrificing a full three-bedroom layout. The configuration is functional for its size, and the price point is notably accessible for the area. This house serves best as a practical, move-in-ready home for buyers prioritising location and low maintenance over expansive land. The small lot size may limit long-term value growth compared to larger properties in the suburb, as land typically appreciates more than the building itself. Its land-locked position, without waterfront access, could also moderate demand from lifestyle buyers. Buyers should weigh the premium paid for a newer build against the potential for slower capital gains. The absence of standout amenities or luxury finishes might narrow the buyer pool, but the property’s affordability and modern condition could offset these constraints.
Detailed Independent Property Report prepared  by PropCred Analyst team for 138 Wentworth Parade, Hindmarsh Island SA 5214
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk 2
Execution Risk
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Market Insight

Hindmarsh Island is a mature, low-turnover coastal enclave with a stable, predominantly owner-occupied demographic. Demand is driven by local buyers and those seeking waterfront or land opportunities, supported by ongoing residential development. Recent price trends indicate a stabilising market following strong prior growth, with current conditions showing tight rental supply and moderate sales activity. Future growth is linked to land release and its established lifestyle appeal, though the market faces constraints from limited stock turnover and sensitivity to broader economic conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

347m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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