17 Albert Street, Semaphore SA 5019

17 Albert Street, Semaphore SA 5019
5-bed house on 937sqm land | 7 off-street car spaces | Semaphore coastal suburb | redevelopment potential | substantial family offering This property is positioned as a rare find in Semaphore, where a five-bedroom house on 937 square metres of land is increasingly uncommon. The seven-car accommodation signals suitability for multi-vehicle households or those with recreational vehicles, while the generous land parcel implies either immediate family living or future subdivision potential. It serves best a buyer seeking a long-term family home with a strong land component in a coastal lifestyle suburb, where such configurations are competitively scarce. The main risk is the lack of known interior condition and council overlays, which may require a buyer to budget for refurbishment. The strategic opportunity lies in the land value providing a floor, with potential for rezoning or development in line with local policy. FTTP connectivity adds supporting value. Hold for capital growth or redevelop when zoning allows, treating the house as a versatile holding in a sought-after pocket.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 17 Albert Street, Semaphore SA 5019
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Semaphore presents a compelling coastal proposition, characterised by strong house price growth that significantly outpaces its unit market, indicating a clear preference for detached homes. Demand is anchored by an established, mature demographic, many of whom are mortgage holders, suggesting a stable owner-occupier base. The market is active yet considered, with houses transacting at a measured pace. Future performance will hinge on the sustained appeal of its coastal lifestyle to this demographic, though the divergent trajectory between housing types and the unit market’s softer conditions present a nuanced risk profile for investors.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

7

Land

937mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat