69 Bungarra Street, Hillbank SA 5112

69 Bungarra Street, Hillbank SA 5112
4-bedroom design | 2018 build quality | pool-ready block | elevated Hillbank position This property sits on an 813mยฒ elevated block with a 276mยฒ Rossdale build from 2018, placing it among the newer stock in Hillbank and giving it a clear structural advantage over older homes in the area. The five-bedroom configuration with two bathrooms suits growing families who need separation and space, and the pool adds a lifestyle edge that is uncommon in this price tier. For a buyer looking at Playford International College catchment and wanting a home that requires no immediate renovation, this property holds strong appeal for owner-occupiers prioritising move-in readiness and future resale depth. The bushfire overlay is a material risk that may increase insurance premiums and limit some landscaping or extension options, and the 2015 purchase history suggests the seller may have held through a strong market cycle. That said, the valuation midpoint of $1,008,000 with rental support around $675 per week gives a buyer a clear floor for holding costs if circumstances change. The quiet pocket and FTTP connection are secondary but real advantages. This property is best bought as a long-term family home, not a flip, and should be held for at least seven years to absorb any premium paid for the newer build and pool.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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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

5

Bathroom

2

Parking

2

Land

813mยฒ

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