62 Collins Parade, Hackham SA 5163
62 Collins Parade, Hackham SA 5163
3-bed family house | mid-sized block | established street | investor and first-home appeal | strong street-level demand
This house holds a competitive position within Hackham’s family-oriented stock. Its 3-bed, 1-bath layout on a mid-sized block suits first-home buyers and young families seeking a manageable property with room to add value. The street itself trades above broader suburb levels, reflecting consistent demand for this configuration. For investors, the mid-4% gross yield potential, supported by steady rental interest, makes it a practical addition to a portfolio. The property’s strength lies in its balance—not oversized, not cramped, but a functional family home on a street where similar houses sell reliably.
Value may be shaped by how the house presents against nearby renovated examples. Older finishes or dated interiors could limit upside, while any recent updates to kitchen, flooring, or heating might justify a stronger price. Parking configuration varies across records, so confirming the actual car accommodation matters. Land size differences between portals also warrant verification, as a larger block could add meaningful value. Buyers should weigh the property’s condition against the effort and cost of improvements when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 62 Collins Parade, Hackham SA 5163
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Hackham, in southern Adelaide, is a value-driven market with strong momentum. House prices have risen 12.4–15.65% annually, pushing the median to roughly $700,000; units are at $205,000 with 18.84% growth. Demand is anchored by affordability, solid rental yields (4.47% houses, 10.39% units) and quick turnover—houses average 23 days on market, or 40 days for 3-bedroom houses, with 55–69 sales recorded in the past year. Main South Road provides connectivity. The rapid price appreciation and short selling times indicate constrained supply relative to demand.
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PropCred Estimated Value
Comparable Sales: 61 Collins Parade sold around $699k–$749k; 34 Collins Parade sold at $665k | Property Price Band: $650k–$750k | Value Drivers: land size, renovation level, parking configuration
Bedrooms
3
Bathroom
1
Parking
1
Land
580m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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