59 Chartwell Cres, Paralowie SA 5108

1980 build | 5 beds, 3 living areas | 579m² land | No overlays | Reliable connectivity This house presents a functional, low-risk proposition for a large or multi-generational household, given its five-bedroom configuration and three separate living areas on a substantial, flat block. The absence of bushfire or flood overlays simplifies due diligence and insurance, while the established location offers basic infrastructure like reliable internet. It is best suited to a buyer seeking space over modern finishes, capitalizing on the scarcity of larger floorplans in the entry-level segment of this market. The primary risk is market positioning against newer stock, as the 1980 build and single bathroom will deter some buyers, potentially capping capital growth. The opportunity lies in the under-utilized land; the 28% building coverage allows for future expansion or outdoor living, which is a logical path to add value. Acquire this property as a long-term hold for its land component and functional layout, not for its immediate aesthetic appeal. Nearby sales provide context: 69 Chartwell Cres recently sold for $730,000, while 53 Chartwell Cres is listed around $460,000. This suggests a broad value range on the street, positioning this property’s estimated value as reflecting its larger size and block.