14 Macarthur Avenue, Hove SA 5048
14 Macarthur Avenue, Hove SA 5048
714m² block | 4 car spaces | Hove coastal | reno potential | land-driven value
The buying case centers on the rare land scale and location. On a 714m² block in coastal Hove with four car spaces, this property’s value is driven by the land rather than the dwelling. It is best suited for a buyer targeting redevelopment or major renovation where the land provides a competitive foothold in a premium suburb.
Risk is the single bathroom which narrows buyer appeal and pressures final pricing. Opportunity lies in subdivision or a new build subject to zoning. This property is held for land appreciation or developed for a coastal residence. Hold for land uplift or redevelop
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Macarthur Avenue, Hove SA 5048
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Market Insight:
Hove presents as a mature, low-turnover coastal suburb with a stable, predominantly professional demographic. Demand is underpinned by established families and downsizers, attracted by its coastal positioning and low vacancy rates. Recent price trends indicate solid growth, supported by constrained supply and consistent sales activity. Future growth is linked to its enduring appeal and limited rental stock, though affordability pressures from higher interest rates and modest new supply pose potential constraints.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
714m²
Assessments Delivered Today
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