19 Expedition Drive, Hewett SA 5118

19 Expedition Drive, Hewett SA 5118
Expansive 1260m² lot | 4-bed family home with pool | Peaceful rural views | Above typical Hewett land size This property presents a distinct proposition within Hewett, primarily due to its significantly larger 1260m² land parcel, which is approximately 60% larger than the typical local listing. This expansive lot, combined with side access and a pool, creates a rare offering of space and lifestyle amenities in a family-oriented suburb. The house, built by a known group, is positioned for buyers seeking a substantial family footprint with room for outdoor living and secure, private enjoyment, capitalizing on the sought-after rural aspect. The primary decision point is the price premium commanded for its land size against a market of smaller, more standard lots. This limits the buyer pool to those who value extensive outdoor space over pure interior square footage. The opportunity lies in securing a property type with inherent scarcity in the area, which should underpin long-term capital stability. Acquire this as a long-term family home to fully utilize its spatial advantages; it is not optimized for near-term subdivision or high rental yield. Recent comparable listings in Hewett show 4-bedroom homes on lots between 518m² and 780m², priced from $759,000 to contact-agent ranges above $990,000. This context confirms the subject property’s asking range reflects a tangible premium for its substantially larger land component, establishing a clear value benchmark for a buyer prioritizing lot size over mere bedroom count.

Market Insight:

Hewett is a family-oriented suburb with strong demand from professionals and owner-occupiers, evidenced by 61% of buyers being people purchasers. Recent price growth is robust, with median house prices rising up to 17.2% annually, supported by low stock and brisk sales of 36-37 houses. Future growth is underpinned by sustained family demand, though the market shows sensitivity with price growth estimates varying widely from 4.87% to 17.2%, indicating potential volatility.

PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

1260m²

Built

Recent Assessments