77 Barrage Road, Goolwa South SA 5214

Waterfront promenade position | rare 260sqm internal on 347sqm | 3-4 bedroom flexibility | panoramic river and barrage views The property’s competitive strength lies in its combination of a large internal footprint and direct waterfront positioning – a rare configuration in Goolwa South. The 260sqm floorplan allows for genuine family living or dual-occupancy potential, while the 347sqm lot keeps land maintenance manageable. This house best suits buyers seeking a permanent riverfront residence rather than a weekend shack, given its size and location on the premier promenade. The bedroom count discrepancy (3 vs 4) is less material than the fact that the floorplan can flex between uses without major reconfiguration. The primary risk is the 2014 purchase price of $833,000 against a current estimate near $1,088,000 – a modest 30% gain over a decade in a market that has seen stronger growth elsewhere, suggesting the waterfront premium may already be priced in. Buyers should commission a floor plan to verify the bedroom count and check for any structural limitations from the 260sqm build on a 347sqm block. The opportunity is the scarcity of this internal size on the waterfront; comparable properties rarely offer this much living space. Hold as a long-term primary residence or premium holiday let – the location will always command attention, but capital growth will come from time, not flipping.