17 Sandalwood Drive St Agnes SA 5097

Large family sanctuary | 1450m² tiered gardens | 5 bed + study flexibility | direct reserve access This property presents a competitively strong proposition due to its rare combination of a large, established landholding in a tranquil setting with direct reserve access, coupled with a highly flexible five-bedroom layout that accommodates expansive family living or work-from-home needs. Its recent renovation with quality inclusions positions it above typical area stock, squarely serving buyers seeking a long-term family home with ample space and privacy. The primary decision factors are the flood overlay, which necessitates specific due diligence and may impact insurance, and the older 1973 build requiring a thorough structural check. The narrow gap between its recent sale price and current asking range suggests limited short-term arbitrage, making it a hold proposition for capital growth leveraged from its land size and configuration. Our analysis can quantify its real market valuation against recent sales and detail the locality risks and insurance implications from the flood overlay. Recent comparable sale: – This property sold for $1,235,000 in June 2025. This recent sale establishes a firm price anchor, indicating the current listing is positioned close to its very recent market value, demanding scrutiny of any premium for the minimal time since last transaction.