248 Marine Parade, Pinks Beach SA 5275
248 Marine Parade, Pinks Beach SA 5275
3 bed coastal house on 695m² | sold at $400k in a thin market | low-density Pinks Beach setting | basic single-bath layout | broad lifestyle buyer appeal
A modest entry point into Pinks Beach is offered by this property, combined with a usable coastal block. At roughly 695 m², the land is neither oversized nor awkward; it suits a single-level house with outdoor space for a boat, caravan or garden. The three-bedroom, one-bathroom configuration is functional rather than generous, and the two-car accommodation provides a practical edge over smaller holiday stock. A straightforward coastal house with room to personalise is what this property delivers, best suited to a sea-change buyer or local owner-occupier. The setting is quiet, low-density and beach-adjacent, consistent with the mid-sized detached houses that dominate the immediate area.
The property’s value may be most affected by its dated presentation and single bathroom, since similar houses often add a second bathroom or modernised kitchen to lift appeal. The thin local buyer pool might extend resale timing, and a modest asking price may be needed to attract interest. Proximity to the beach and the block size, however, may underpin future demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 248 Marine Parade, Pinks Beach SA 5275
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Pinks Beach is a small, established coastal enclave with a mature demographic profile, where demand is anchored by lifestyle buyers seeking acreage properties near the water. The market is characterised by very low sales volume, indicating a tightly held environment with limited turnover. Recent listings point to sustained interest in larger blocks and renovated homes, suggesting the suburb’s future appeal remains tied to its unique offering of spacious, coastal living rather than broad development or rental investment pressures.
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PropCred Estimated Value
Comparable Sales: 237 Marine Parade $360,000; 17 Banister Drive $453,000 | Listed Price Band: $350K–$450K | Value Indicator: land size, coastal position, single-bathroom layout
Bedrooms
3
Bathroom
1
Parking
2
Land
695m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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