22 Ashwood Boulevard, Hillbank SA 5112
22 Ashwood Boulevard, Hillbank SA 5112
5 beds on 695mΒ² | 9 car spaces | 1991 built | bushfire & flood overlays
This property presents a strong proposition for a large family, offering a scale of accommodation and parking rare for the suburb. Its five bedrooms, dual living areas, and substantial nine-car setup position it above typical Hillbank stock, serving a specific demand for expansive, practical family homes. The 1991 construction aligns with the area’s period, but the internal area and lot size provide a tangible configuration edge over median offerings.
The primary decision factors are the declared bushfire and flood overlays, which impose specific insurance costs and potential future compliance expenses on the buyer. Against this, the estimated rental yield suggests reasonable income potential, but the overlays structurally cap capital growth relative to unencumbered lots. Acquire this for long-term family occupation if the space premium outweighs the overlay burdens; it is less suited as a passive investment. Our tailored report would pressure-test the valuation against recent comparable sales and detail the full risk and mitigation cost profile for these overlays.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Hillbank presents as a stable, family-oriented suburb with a mature demographic profile, where demand is driven by established households. The market demonstrates strong recent price momentum, with houses transacting relatively swiftly in a tight rental environment. Future growth appears supported by sustained buyer activity, though its appeal remains concentrated within a specific segment of the market.