3 Lily Lane, Robe SA 5276
3 Lily Lane, Robe SA 5276
North-facing near-new house | 120m from Lake Fellmongery | quiet cul-de-sac among prestige homes | oversized 6m x 6.9m garage | walkable to town
This near-new house is positioned in a scarce Robe pocket. It is north-facing, set in a quiet cul-de-sac, and located 120 metres from Lake Fellmongery, a short walk from town amenities. The single-level layout is designed for low-maintenance living, with an open-plan kitchen, living, and dining area, a fully fenced yard, and secure parking. A standout is the 6m x 6.9m garage with high-clearance roller doors and its own bathroom, providing workshop, boat, or caravan capacity rarely found in new coastal builds. The pocket’s quality is reinforced by surrounding prestige homes. This property suits sea-changers, downsizers, or holiday-home buyers seeking near-new presentation, minimal upkeep, and serious storage.
The single bathroom may limit appeal for families or permanent rental demand, and the lack of a second living zone might constrain long-term use. Value may be supported by the prestige neighbouring builds and lake proximity, but those attributes might also mean the price already reflects the setting. The slower-moving house market may require patience, and short-stay potential should be weighed when viewing value.
>> Comparable Sales: 7 Lily Lane (3-bed house, same street) | 4/31 Harold Street (3-bed unit, 2022) | Property Price Band: $900K-$1.0M | Value Drivers: near-new presentation; lake-proximity setting; oversized garage with bathroom
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Lily Lane, Robe SA 5276
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Robe SA 5276 is a coastal market with a tight, older demographic: 50% of residents are over 55 and 64% of households are childless couples. Demand is led by outright owners (47%) and downsizers, with only 35% holding mortgages. Prices span $655,000–$730,000 across sources; Property Value puts the median at $710,000, up 7.6% annually, but Your Investment Property shows $670,000 and -2.19%, indicating mixed conditions. Volume is thin at 44–60 annual sales and houses sit 105–226 days on market. Rental yield is 3.5% for houses, with vacancy extremely tight at 0.06%. Growth is constrained by limited supply, rate sensitivity, and affordability pressure from high prices against weekly rents of $365–$400.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
537m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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