194 Mannum Road, Northern Heights SA 5253

194 Mannum Road, Northern Heights SA 5253
Four-bed family house | large 1200m² block | six car spaces | Northern Heights location This property presents a strong proposition for a buyer seeking space and versatility, likely a growing or multi-generational family. Its core strength is the substantial 1200 square metre lot combined with six car spaces, a configuration that is increasingly rare and commands a premium in suburban markets. The internal area is practical, and the twelve-year ownership suggests stable tenure. It serves a buyer who values room for vehicles, workshops, or outdoor living over premium interior finishes. The primary risk is the lack of contemporary data on the building’s condition, age, and the specific qualities of the local catchment schools, which are key value drivers. The absence of recent comparable sales in this analysis makes precise valuation difficult. Proceed with a building inspection and immediate research into recent area sales. This house is a long-term hold, its value anchored in its land size, making it suitable for a buy-and-occupy strategy.

Market Insight:

Northern Heights is positioned as an affordable entry point within the broader Murray Bridge region, characterised by a stable, low-turnover housing market where properties transact swiftly. Demand appears driven by investors seeking solid rental yields, given the established performance in this segment. While recent price trends for units are indeterminate, the market demonstrates consistent investor activity. Future growth will likely hinge on broader regional infrastructure and economic linkages, with the primary constraint being the limited sales volume, which can lead to market volatility.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

6

Land

1202m²

Built

Recent Assessments