18 Elm Drive, Angle Vale SA 5117

Large family home on premium land | 5 beds plus study | 1800sqm with pool | Flood overlay noted | Ducted climate control This property presents a strong proposition for a large or multi-generational family seeking space and modern comfort in a growing area. Its competitive strength lies in the rare combination of a 2008-built, 260sqm house on a substantial 1800sqm parcel, offering significant future flexibility. The five-bedroom plus study configuration, six car spaces, and extensive outdoor features like a pool, shed, and workshop create a functional premium over typical four-bedroom comparables in Angle Vale. It best serves a buyer looking for a long-term family base with room to grow, valuing the established amenities and the potential of the land itself. The primary decision factor is the flood overlay, which necessitates immediate due diligence via council flood maps and may impact insurance costs and future development plans. The property’s scale also implies higher ongoing maintenance. However, the low building coverage on a large block presents a clear opportunity for future additions or subdivision, subject to council approval. For a buyer who verifies the flood risk and can manage the upkeep, this property is a hold for long-term capital growth and utility, not a short-term investment. The rental yield is secondary to its owner-occupier utility. Comparable listings indicate a pricing premium for this property’s larger scale: – 13 Peter Street: 4 beds, 3 cars, priced $889,000–$949,000. – 2 Paris Street & 63 Emerald Drive: Both 4-bedroom homes with no price listed. This confirms the market commands a premium for the extra bedroom and significantly larger landholding at 18 Elm Drive, justifying its position in a higher price band.