498 Victoria Road, Osborne SA 5017

New build on large land | 4 bed 2 bath 4 car | Flood overlay | High family catchment This property presents a competitively strong package for a family buyer, combining a 2014-built home on a 766m² parcel, a configuration rare for its newer construction and above-average car accommodation in Osborne. It directly serves the family market with proximity to schools and childcare, and its modern build reduces immediate capital outlay for renovations. The estimated rental yield aligns with solid investment logic for a hold strategy. The primary decision mechanism is the flood overlay, which imposes insurance cost and potential future resale risk that discounts the property’s value against non-affected peers. The commercial opportunity lies in acquiring a larger, newer home at a price that may already reflect this penalty, targeting long-term capital growth in a tightly held suburb. Execute a stringent building and pest inspection to validate construction quality given the 2014 build, and proceed only if the purchase price materially accounts for the flood risk.