177 Marine Parade, Wyomi SA 5275
177 Marine Parade, Wyomi SA 5275
Coastal detached house | Long-owner street | Direct beach access nearby | Lifestyle-driven demand | Low-density setting
This property sits within a genuinely rare coastal pocket where detached houses dominate and turnover is low. The immediate street shows long-term owner occupation, which typically supports stable values and a settled neighbourhood character. For a buyer seeking a beachside lifestyle property with room to personalise, this location offers the kind of quiet, low-density environment that is increasingly difficult to find along the coast. The property most likely serves families, retirees, or interstate buyers looking for a holiday home with strong lifestyle appeal rather than investment-driven purchasers.
The value picture may be shaped by several factors. The property’s coastal position could mean exposure to wind and salt air, which affects ongoing maintenance costs. A bushfire overlay in the immediate area might influence insurance premiums and building considerations. The land size and whether the house has been updated or needs work will likely matter more than street-level averages. Buyers should weigh the potential for future renovation or extension against the constraints of a low-lying coastal site. The long occupancy pattern on the street suggests limited stock turnover, which may support price stability over time.
|| Comparable Sales: 179 Marine Parade sold at $700,000; 189 Marine Parade vacant land sold at $175,000 | Property Price Band: $400,000–$500,000 | Value Drivers: land size, coastal position, dwelling condition
Detailed Independent Property Report prepared by PropCred Analyst team for 177 Marine Parade, Wyomi SA 5275
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Wyomi attracts buyers seeking an affordable coastal lifestyle, holiday or retirement homes with easy access to town services, fishing and golf; limited stock and proximity to natural attractions are keeping demand steady. Risks include bushfire overlays, limited utilities and a small seasonal market, while tourism and constrained supply offer growth upside – prices have been broadly firm to modestly rising in the last six months, supported by recent listings and an off‑market sale around $780–830k.
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PropCred Estimated Value
Comparable Sales: 179 Marine Parade sold at $700,000; 189 Marine Parade vacant land sold at $175,000 | Property Price Band: $400,000–$500,000 | Value Drivers: land size, coastal position, dwelling condition
Bedrooms
3
Bathroom
1
Parking
3
Land
727m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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