2 Anderson Close, North Haven SA 5018

4 bed 2 bath house | 200sqm build on 320sqm lot | 63% coverage | flood overlay present | FTTP and 5G connected This house offers a rare configuration in North Haven: a four-bedroom, two-bathroom floorplan on a compact 320sqm lot with 63% building coverage, meaning the dwelling footprint dominates the site. For a buyer, that translates to generous internal space without the maintenance of a large yard, appealing to downsizers or professionals wanting a lock-and-leave property. The 1977 build is solid but not modern, so the value lies in the floorplan and location-close to schools, childcare, and with FTTP and 5G already in place. It suits owner-occupiers seeking a functional home in a coastal suburb, or investors targeting the high-confidence median rental of $645 per week. The flood overlay is the primary risk, as it may affect insurance premiums and future resale appeal to cautious buyers. The lack of sold history or interior images means due diligence on condition is essential. However, the nearby sale of 8 Anderson Close (larger lot, different configuration) and listings like 11 Schroder Court at $795k guide suggest the market here is active but price-sensitive. The opportunity is to negotiate on flood risk perception-if the property has never flooded, this becomes a buyer’s lever. Hold this property as a medium-term rental with potential for capital growth from infrastructure and proximity to the coast, or as a solid owner-occupied home with low outdoor upkeep.