22 Morgan Street, West Hindmarsh SA 5007

22 Morgan Street, West Hindmarsh SA 5007
1915 villa with modern extension | 581sqm lot in West Hindmarsh | 4 bed, 2 bath, dual living zones | High-spec renovation, heritage overlay This property presents a compelling hybrid, merging original 1915 character with a substantial, high-quality extension. Its 581sqm lot is above average for the area, and the homeย’s configurationย—effectively two distinct living zonesย—offers rare flexibility, suiting a family seeking both formal spaces and open-plan living. The renovation standard, from the designer kitchen to the master suite, is a clear tier above typical suburban stock, positioning it for an upsizer market that values both heritage charm and contemporary finishes. Consider the premium inherent in a comprehensively renovated heritage property, which narrows the buyer pool and may challenge future value growth relative to the suburb median. The significant price growth since its 2018 sale already incorporates much of the renovation value. This house is best acquired as a long-term family home, not a short-term vehicle. Its strength is in providing a finished, high-amenity lifestyle; the commercial logic is in holding it to amortize the renovation cost over many years of use. The property last sold for $955,000 in April 2018. The current listing, following a major extension and renovation, reflects a substantial capital investment in improvements. This historical context underscores that the asking price today must be justified almost entirely by the quality and scope of the recent works, not by general market appreciation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 22 Morgan Street, West Hindmarsh SA 5007
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Market Insight:

West Hindmarsh is a tightly held, professional suburb with a high rental population, indicating strong investor and first-home buyer interest. Recent price declines of 6-20% reflect broader market adjustments, yet a low vacancy rate and rising rents suggest underlying rental demand. Key constraints include volatile stock levels and price sensitivity, while future growth will be driven by its established location and sustained demand from local professionals.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

581mยฒ

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