24 Plaza Avenue, Sellicks Beach SA 5174
24 Plaza Avenue, Sellicks Beach SA 5174
Sellicks Beach entry | 697m² block near coast | 3-bed house | recent rapid relisting
This house presents a clear opportunity for a buyer seeking land value near the coast, with its substantial 697 square metre block in Sellicks Beach. The configuration is a straightforward three-bedroom, one-bathroom home, best serving an owner-occupier seeking a lifestyle entry point or a long-term holder comfortable with a renovation project. The significant price growth since its 2016 sale indicates strong underlying demand for the location.
The primary risk is the immediate relisting after a recent sale, which requires investigation into the vendor’s motivation and a thorough building inspection. The absence of detail on property condition and age places the due diligence burden entirely on the buyer. Proceed only with a confirmed understanding of renovation costs, as the value here is fundamentally in the land. This property should be held for the long term to realise the land’s potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Plaza Avenue, Sellicks Beach SA 5174
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✕
2
Insight: Sellicks Beach SA 5174
Sellicks Beach is a coastal suburb attracting strong demand from downsizers and childless couples, drawn by its beachfront lifestyle. This demographic is driving a robust market, evidenced by rapid price appreciation and houses selling quickly in a low-supply environment. Future growth is underpinned by sustained buyer interest, though limited stock turnover and a tight rental market present constraints on supply and affordability.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
697m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst