24B Church Terrace, Walkerville SA 5081

Premium Walkerville address | 2022 luxury construction | 500-bottle wine room | Opposite heritage church | Above suburb median This property represents a rare, newly built luxury residence on a prestigious boulevard, offering a level of finish and specification exceeding typical stock in the area. Its solid brick construction, smart home integration, and formal entertaining spaces like the temperature-controlled wine room cater specifically to affluent owner-occupiers who value contemporary amenities within an established, high-character neighbourhood. The substantial 823sqm block with formal gardens provides a landholding advantage in this suburb. The primary financial consideration is the substantial price premium, positioned at over double the local median, which translates to a modest rental yield indicating it is priced for ownership utility, not investment return. While the lack of development overlays reduces regulatory risk, the highly specific, premium features narrow its future buyer pool. This property is best acquired as a long-term primary residence for a buyer whose lifestyle aligns with its bespoke amenities, not as a short-term holding. * Previous Sale (Sep 2021): $1,600,000 * Recent Sale (Dec 2024): $4,177,000 * Median 4-Bedroom Price (Walkerville): $2,050,000 The near-tripling of value in three years demonstrates exceptional capital growth, significantly outpacing the broader suburb market. This sharp appreciation solidifies its status as a premium, blue-chip property, though such a rapid rise warrants scrutiny of sustainable value at its current estimated price point.