7 Agnes Gillespie Drive, Hayborough SA 5211
7 Agnes Gillespie Drive, Hayborough SA 5211
Elevated side position | compact 3-bed family home | move-in ready finishes | moments to schools and shopping | bushfire overlay noted
This property presents a competitively strong, entry-level family home in a highly convenient Hayborough location. Its elevated positioning, modernized interior with flexible third space, and direct proximity to well-regarded schools and major shopping create a compelling move-in ready proposition. It serves buyers seeking a low-maintenance, established house with immediate livability, particularly families prioritizing location over expansive land. The higher building coverage on a smaller lot maximizes internal space efficiently, aligning with contemporary expectations for functional layouts.
Specific risks include the noted bushfire overlay, which may impact insurance costs and future development, and a compact land size limiting expansion. The single bathroom configuration, while practical, is a market constraint against newer stock. The opportunity lies in acquiring a updated property in a high-demand locale at a yield near 4.4%, supported by strong rental estimates. This property is a hold for long-term capital growth driven by its irreplaceable location, best utilized as a primary residence or a stable rental investment.
Recent comparable sales context:
– 14 Field Avenue, Victor Harbor: 3 bed, 2 bath, 2 car. Guide $695,000-$720,000.
– This property, 3 bed, 1 bath, 1 car, guide $640,000-$670,000.
The price differential accurately reflects this property’s single bathroom and single car space configuration, confirming its positioning as a value-entry point in the area.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Hayborough is a mature coastal suburb characterised by an established demographic profile, with demand primarily driven by downsizers and childless couples seeking a coastal lifestyle. This has supported exceptionally strong recent house price growth, reflecting a tightly held market with low sales volumes and high vendor confidence. Future performance is underpinned by sustained demand from this demographic segment, though constrained by very limited stock availability which presents a key supply-side risk to market fluidity.