62A Harrow Road, Somerton Park SA 5044

62A Harrow Road, Somerton Park SA 5044
Detached beachside residence | near-new build | flood overlay flagged | tightly held Somerton Park pocket This property occupies a rare position in Somerton Park’s tightly held coastal strip, sitting 150 metres from the shoreline with no adjoining walls and a Torrens title. The 2022/2023 build, combined with a 338-square-metre internal area on 446 square metres of land, offers a configuration that is both spacious and low-maintenance. The swimming pool, dual living areas, and four-bedroom layout serve a premium owner-occupier profile seeking a lock-and-leave beach house with strong school catchment appeal. For a buyer prioritising modern construction and immediate coastal amenity, this property provides a competitive edge in a market where detached, near-new homes in this location are infrequently available. The flood overlay is the primary risk and warrants thorough due diligence on insurance terms and council drainage history. However, the overlay does not preclude occupation or financing, and the property’s elevated ground level of five metres may mitigate exposure. The value estimate range of approximately $2.57 million to $3.01 million reflects some market uncertainty, which could present a negotiation opportunity for a well-informed buyer. The property serves best those who value a modern, detached coastal residence with minimal ongoing maintenance, and who are prepared to investigate the overlay as part of a disciplined acquisition strategy.
Detailed Independent Property Report prepared  by PropCred Analyst team for 62A Harrow Road, Somerton Park SA 5044
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk ! 1
Income Risk 2
Execution Risk 2
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Somerton Park is a premium coastal suburb experiencing exceptional capital growth, driven by strong buyer demand for houses. This demand is reflected in high sales volumes and rapid price appreciation, though limited listings constrain supply. Future growth is supported by sustained market activity, yet high entry prices present an affordability constraint for some buyers.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

446m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat