21 Wilkins Street, Glengowrie SA 5044

New build 2024 | Ground-floor master | Subdivided coastal lot | Flood overlay | 3.3% yield This property presents a competitively strong offering as a modern, dual-living zone house in the sought-after Glengowrie pocket, minutes from the coast. Its 2024 construction with high-end finishes like stone tops and integrated audio delivers a move-in-ready product rare for the area, effectively serving a professional or downsizing buyer seeking low-maintenance, contemporary living near amenities. The ground-floor master suite and secure garage add practical appeal, positioning it above typical older stock. The primary decision point is the flood overlay, which imposes insurance costs and potential future resale friction against the benefit of a smaller, efficient footprint on a subdivided lot. The subdivision history suggests the land value was maximized by the developer, leaving less future upside for you. Accept this as a premium for a new, well-located house; it is a hold property for lifestyle, not a land banking play. Recent comparable sales nearby: – 2A Broadway, South Brighton: [Details not provided in data] – 16 Gunnawarra Avenue, Camden Park: [Details not provided in data] While specifics are lacking, the reference to these sales indicates agents are benchmarking against other modern builds in adjacent suburbs, implying this asking range is validated by broader precinct demand rather than Glengowrie’s older housing stock.