3A Bellevue Circuit, Gulfview Heights SA 5096
3A Bellevue Circuit, Gulfview Heights SA 5096
Large-format family house | hillside fringe suburb | generous land parcel | established character | potential for updating
A substantial detached house on a generous allotment is positioned within a family-oriented hillside fringe suburb. The configuration offers more space and flexibility than typical local stock, with a layout suited to households requiring multiple living zones and secure parking. This is a rare opportunity for buyers seeking established land and room to adapt. The property serves best those prioritising space, privacy, and a settled residential character over immediate turnkey presentation.
The age of the dwelling and its interior condition may influence price, as older construction often requires updating of kitchens, bathrooms, and energy efficiency. The size and orientation of the land might allow for future extension or subdivision, adding flexibility for the right buyer. Market perception of the hillside fringe location and access to schools and shops could support value, but any deferred maintenance should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 3A Bellevue Circuit, Gulfview Heights SA 5096
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Gulfview Heights, an Adelaide suburb, is positioned around a $960k–$1.015M median house price, with annual growth of 2.4% per property.com.au. Demand is driven by high-income households—weekly earnings of $1,953 are 26.2% above Greater Adelaide’s average—and an exceptionally tight rental market: broader vacancy sits at 0.22–0.50%, with just one rental listing. Houses fetch $650 weekly, yielding 4.01% gross, while units yield 4.50%. Market conditions favour sellers: median days on market is 37, though annual sales volume is thin at 53, limiting liquidity. Future growth hinges on limited supply (only four properties for sale) and robust local earnings; the main constraint is low sales turnover, which adds pricing uncertainty.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 45 Bellevue Circuit around $1.45M; 13 Frazer Avenue at approximately $710k | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, interior condition, layout flexibility
Bedrooms
4
Bathroom
2
Parking
10
Land
800m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!