23 Newenham Parade, Mount Barker SA 5251
23 Newenham Parade, Mount Barker SA 5251
4 bedrooms, 2 bathrooms, 2 car garage on 686 square metres. Built in 2020 by Metricon, this split-level house has 2.9 metre ceilings and a 32 metre frontage on a corner block. The kitchen includes a 900mm SMEG cooktop and 40mm stone benchtops. The property sits within the Newenham estate in Mount Barker.
This house sits as a premium offering in Mount Barker, where most newer homes sit on smaller lots between 400 and 550 square metres. The 686 square metre corner block with its 32 metre frontage and hills views is genuinely rare in this development. The split-level design with 2.9 metre ceilings and a gas fireplace gives it a show home feel that standard single level stock in the area does not offer. This property serves families seeking a modern home with strong street presence and a lifestyle position within the Adelaide Hills. The build quality from Metricon and high end kitchen finishes reinforce its position above typical stock in the suburb.
The bushfire and flood overlays may affect insurance costs and should be confirmed with the council before proceeding. The property sits in a residential zone with no major infrastructure projects nearby that would drive further appreciation. The 3.18% rental yield is modest for the area, which may matter if future resale rather than occupancy is the priority. The floor area varies across sources from 234 to 265 square metres internally, so a physical measure would clarify usable space. These factors do not diminish the property but they are worth weighing when forming a view on price
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Newenham Parade, Mount Barker SA 5251
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Mount Barker is a high-growth market underpinned by strong demand from first-home buyers and persistent supply shortages. This dynamic is driving robust price appreciation and low vacancy, with the market’s momentum concentrated in the affordable to mid-price segments. Future growth is supported by sustained demand, though sensitivity to interest rates and an affordability ceiling for premium properties present clear constraints.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
243m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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