20A Selway Terrace, O'Sullivan Beach SA 5166

New build 2023 | 4 bed 3 bath house | 6 car spaces | 347m² land | Bushfire overlay This property presents a clear configuration advantage in its immediate locale, offering substantially more bedrooms, bathrooms, and car accommodation than the typical older stock in O’Sullivan Beach. Its 2023 construction date eliminates near-term capital expenditure risks for maintenance, positioning it as a modern, low-hassle holding. The house suits a large household or a buyer seeking a turnkey solution, with its scale and newness serving as primary differentiators against neighbouring three-bedroom, one-bathroom offerings. The primary decision hinges on reconciling its premium asking price against limited comparable sales evidence and inherent area constraints. The significant variance in reported car spaces and land size indicates data inconsistency, requiring physical verification. The bushfire overlay imposes potential insurance costs and construction compliance burdens. With no rental yield data available, its investment logic relies on capital growth, which is untested for new builds in this specific street. Proceed only with a stringent valuation assessment, as its price must justify a notable premium over the established, lower-priced stock that defines the area. Recent nearby listings show 62 Selway Terrace, a 3-bed, 1-bath, 96m² house on a similar lot, currently marketed at $699k-$725k. A directly comparable sale at 20 Selway Terrace (3 bed, 1 bath) occurred in September 2021, but its relevance is diminished by age and inferior specification. This scarcity of direct comparables for a 4-bed, 3-bath new build complicates precise valuation, underscoring that its market price will be set by buyer appetite for its unique features rather than by established street-level sales data.