190 Mead Street, Largs Bay SA 5016
190 Mead Street, Largs Bay SA 5016
A 2-bedroom, 1-bathroom bluestone duplex built circa 1899-1900 on 553m². It has Baltic pine floorboards, split air conditioning, dishwasher, built-in wardrobes, a shed, and four car spaces. The lot is fully fenced and within walking distance of the beach, train, and Jetty Road shops.
This property is competitively strong because its bluestone construction and 553m² lot are genuinely rare for a duplex in Largs Bay, where most newer builds sit on smaller parcels. The original Baltic pine flooring and period character add tangible appeal for buyers who value heritage, while the location-beach, train, and shops all walkable-gives it a convenience that suits both families and investors. It is best positioned for an owner-occupier wanting character without sacrificing modern amenity, or for an investor targeting steady rental demand. In a suburb where land size is often a compromise, this property offers an unusual combination of generous outdoor space, historic fabric, and everyday practicality.
The age of the dwelling may introduce maintenance considerations typical of a 125-year-old home, particularly roofing, plumbing, and electrical systems. The duplex status might involve shared site responsibilities or easements that a buyer should clarify before committing. These factors could influence how much additional budget is needed post-purchase, but they do not detract from the property’s inherent strengths in location and land; they simply warrant a closer look during due diligence.
Detailed Independent Property Report prepared by PropCred Analyst team for 190 Mead Street, Largs Bay SA 5016
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Largs Bay is a well-established coastal suburb attracting professionals seeking a premium lifestyle. Demand is driven by its established character and proximity to the water, resulting in a consistently tight rental market and low vacancy rates. Recent price trends show strong capital appreciation, with houses transacting relatively quickly, indicating sustained buyer competition. Future growth is underpinned by its enduring appeal, though limited unit data and potential affordability constraints warrant monitoring in a changing rate environment.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
4
Land
553m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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