31 East Terrace, Kingston Se SA 5275
31 East Terrace, Kingston Se SA 5275
This is a 3-bedroom, 2-bathroom house with 182 square metres of internal space on a 1003 square metre block. It includes two car spaces and a massive high-clearance shed with a mechanic’s pit and 3-phase power. There is no flood risk.
What is competitively strong here is the utility infrastructure. The high-clearance shed with a mechanic’s pit and 3-phase power is rare in standard residential stock, and it fundamentally changes who this property serves. It is not a typical family home; it is a workshop-first property that happens to include a comfortable house. The large land size, at over 1000 square metres, is well above the suburban average for Kingston Se, which gives real separation and space. This property sits quietly in a rural-suburban setting, and its best buyer is likely a tradesperson, a hobbyist, or someone who needs serious workshop capacity without leaving a residential zone. The separate driveway access adds practical independence for vehicles or equipment.
What might affect value or sale price is the balance between the house and the shed. The house itself is modest in size and finish, so the value is heavily weighted toward the land and the workshop. A buyer who does not need the mechanic’s pit or 3-phase power may not pay a premium for them, which could narrow the buyer pool. The property sold for $470,000 in 2023, and the current listing is significantly above that, so price growth in the area may need to be verified through recent comparable sales. The rural location may also mean longer travel times to major services, which could affect resale appeal for some buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 East Terrace, Kingston Se SA 5275
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Kingston S.E. presents as a mature coastal regional market, with demand primarily anchored by an established demographic seeking lifestyle. Recent price momentum has been strong, reflecting this sustained interest, though current conditions show a clear buyer’s advantage with available supply exceeding demand. Future growth is likely to be moderated by this supply dynamic and its regional context, requiring careful navigation of the market’s inherent balance.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
991m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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