5 Charles Way, Hillbank SA 5112
5 Charles Way, Hillbank SA 5112
3 bed 2 bath house on 425m² | built 1993 | larger block than typical local stock | family-oriented suburban setting
This is a detached house on a 425m² block, which is noticeably larger than many nearby properties and gives it a competitive edge for family buyers who want outdoor space without moving to a bigger suburb. The 3 bedroom 2 bathroom layout with two car spaces suits households who need room to grow or prefer a single-level format over a townhouse or unit. Built in 1993, it sits in an established part of Hillbank where the neighbourhood character is defined by detached housing and moderate blocks, so this property fits the local stock well rather than standing out awkwardly. It is best suited to families, downsizers who still want a house, or investors looking for a standard suburban rental with steady demand.
The land size of 425m² is a moderate suburban allotment, not oversized, so it does not command a premium for acreage but it does offer more flexibility than a smaller block. The build year of 1993 means the property is over thirty years old, which may affect condition and require updates depending on how it has been maintained. A buyer should weigh the cost of any potential renovations or replacements against the asking price, particularly for roofing, plumbing, or kitchen and bathroom finishes. The absence of detailed interior features in available records means the actual quality of the fitout could influence value significantly, so an inspection is essential to confirm what is behind the walls.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Charles Way, Hillbank SA 5112
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Hillbank presents as a stable, family-oriented suburb with a mature demographic profile, where demand is driven by established households. The market demonstrates strong recent price momentum, with houses transacting relatively swiftly in a tight rental environment. Future growth appears supported by sustained buyer activity, though its appeal remains concentrated within a specific segment of the market.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
425m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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