18 Blackburn Road, Hillbank SA 5112

18 Blackburn Road, Hillbank SA 5112
4 bed | 1992 build | 630mยฒ lot | Hills Neighbourhood zone | bushfire and flood overlays present This property offers a rare combination of generous internal space and a substantial 630mยฒ lot within the Hills Neighbourhood zone, where subdivision potential may exist subject to council approval. The dual living areas and separate carports for two vehicles plus additional off-street parking give it a functional edge over newer, smaller infill builds. It suits families or investors targeting the Playford International College catchment, where suburb growth has reached 7% and rental yield sits at 4%. The bushfire and flood overlays are the primary risks, potentially increasing insurance costs and limiting some renovation or extension options without compliance upgrades. The 82% building coverage detected via satellite suggests minimal spare land for significant expansion, which may cap future capital growth. However the 2011 purchase price and current estimated value of $881,000 imply steady long-term appreciation, and the $635 per week rental income offers a reasonable buffer. Hold this property for its land content and zoning upside rather than expecting rapid short-term gains.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Hillbank presents as a stable, family-oriented suburb with a mature demographic profile, where demand is driven by established households. The market demonstrates strong recent price momentum, with houses transacting relatively swiftly in a tight rental environment. Future growth appears supported by sustained buyer activity, though its appeal remains concentrated within a specific segment of the market.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

630mยฒ

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