24 Cooper Place, Beaumont SA 5066
24 Cooper Place, Beaumont SA 5066
1956 build | 4 beds, 3 baths, 4 car | Under offer | Tenanted $420pw | Zoned Residential – Beaumont Common
This property presents a compelling proposition due to its rare configuration and prime positioning within a tightly held precinct. The combination of four bedrooms, three bathrooms, and four car spaces within a single-level 1956-built home on a potentially subdividable parcel is operationally efficient for a family and strategically flexible for an investor or developer. Its high-side position on a tree-lined street, walking distance to Beaumont Common and within the catchment for Glenunga International High School, anchors its appeal to a family buyer seeking both amenity and academic advantage. The existing tenancy at a modest $420 per week provides immediate income cover, making a transition period viable for a purchaser not requiring immediate occupancy.
Proceed with a disciplined focus on verifying the land size discrepancy, as the variance between 440mΒ² and 876mΒ² fundamentally alters the subdivision potential that underpins much of its strategic value. The lack of bushfire or heritage overlays removes common approval hurdles, but any development would be contingent upon Burnside Council consent. The council rates are above average, a direct cost for the superior municipal services and location. For a buyer, the decision pivots on confirming the true land area: if the larger figure is correct, this property is a hold-and-subdivide opportunity; if the smaller figure applies, it is a premium, renovated family home to be held long-term for land value appreciation in a high-demand school zone.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
This suburb presents as a premium residential market with a strong owner-occupier presence, evidenced by consistent high median house prices. Demand is likely driven by buyers seeking established homes, supported by solid rental demand for both houses and units. Recent price trends show some market recalibration, with houses taking a measured time to sell, indicating a balanced rather than heated environment. Future growth will hinge on broader economic factors, with the primary constraint being affordability at this elevated price point.