36 Blanche Parade, Hindmarsh Island SA 5214
36 Blanche Parade, Hindmarsh Island SA 5214
Waterfront/lagoon outlook | Late-2000s build | 3-4 bed family house | Bushfire overlay | Spacious block
This house is positioned within a low-density waterfront pocket of a quiet island suburb, where detached single-storey homes on generous allotments form the prevailing character. The typical configuration of three to four bedrooms, two bathrooms, and two-car parking is well-aligned with the needs of family buyers, while the late-2000s build era offers a modern shell without the cost of brand-new construction. The competitive edge is found in the combination of water or lagoon orientation, substantial land area, and a semi-holiday atmosphere that attracts owner-occupiers, sea-change buyers, and families seeking lifestyle space over urban proximity.
The bushfire overlay may be considered by buyers for its impact on insurance costs and development flexibility. The property’s value may also be influenced by the allotment’s precise orientation, the extent of water frontage, and the condition of internal finishes, as these vary across the suburb. A house of this era might be expected to need kitchen or bathroom updates, which could affect perceived value in a market driven by outlook and presentation.
>> Comparable Sales: 87 Blanche Parade sold $850,000 (Jun 2023) | Property Price Band: $800K–$900K | Value Drivers: water outlook, land size, build condition
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Blanche Parade, Hindmarsh Island SA 5214
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Hindmarsh Island, a bridge-linked enclave off Goolwa, skews older with a median age of 59 and a thin renter base of 11.45%. Demand is driven by owner-occupiers and investors, supported by 73 house sales over the past year, a 10% rise in weekly rents to $550, and a tight 0.32–0.35% vacancy rate. Median house values sit between $845,000 and $850,000, with annual growth of 12.8–13.3% in one dataset, though listing-based figures show a –0.7% yearly change and a –1.6% quarterly dip, signalling divergent market conditions. Future growth relies on ongoing land releases from $219,000 and infrastructure such as Tyro Parade. Key constraints include a 36.6% rise in stock versus last year, 65 advertised properties, and rate sensitivity that may cool demand.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
766m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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