30 Sapphire Cres, Highbury SA 5089

Renovated brick house on 639sqm | three bedrooms two bathrooms | four car spaces | Modbury High School catchment | bushfire overlay present. This property’s competitive strength is its rare combination of a fully renovated interior on a full-sized 639sqm lot in a stable residential pocket. The recent reimagining means a buyer avoids the cost and disruption of a renovation while still securing land with subdivision potential over time. Four off-street car spaces are unusual for this price tier and add genuine utility for a household with multiple vehicles or a workshop need. The property suits a family wanting move-in quality with scope to add value through future land use, or an investor after a renovated house with strong rental demand given the catchment and council area. The primary risk is the bushfire overlay, which may affect insurance costs and restrict certain building extensions without compliance upgrades. The asking range sits well above the recent $871,000 purchase price and current $907,000 estimated value, meaning the buyer is paying a premium for the renovation work and market timing rather than underlying land value. A buyer should test whether the renovation quality justifies that gap by commissioning a building inspection and comparing recent sales of similarly updated homes in Tea Tree Gully. Hold this property for medium-term capital growth driven by land supply constraints, or rent it for a net yield around 3.5 percent with reliable tenant demand.