4/31 Harold Street, Robe SA 5276

4/31 Harold Street, Robe SA 5276
Two-bed brick unit | 500m to town centre | North-facing verandah | Secure rear courtyard | Low-maintenance coastal The unit’s central position is its main strength, being roughly 500 m from the town centre and 750 m from Hoopers Beach. A north-facing verandah is used for winter sun, while the secure rear courtyard and garden shed are valued for easy upkeep. Two large bedrooms and updated gas appliances are expected to suit downsizers and holiday buyers. The property is understood to sit well within Robe’s modest unit segment, less common than the larger house stock in the suburb. The low-maintenance brick format is rarely matched in this location, and the compact footprint and carport are best aimed at owner-occupiers wanting lock-and-leave convenience. Value may be influenced by the presentation of the carport and courtyard. A 2022 resale can be used as a reference point. The property might be seen as dated in some finishes despite updated gas appliances. Pricing should be realistic given longer selling periods.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4/31 Harold Street, Robe SA 5276
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk
Income Risk
Execution Risk 2
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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

Comparable Sales: 2/31 Harold Street (similar unit) $329,000; 16 Harold Street (larger house) $1.2M | Property Price Band: $300,000-$400,000 | Value Drivers: northern aspect, walkability, low-maintenance layout

Bedrooms

2

Bathroom

1

Parking

1

Land

149m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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