8 Pine Street, Peterborough SA 5422
8 Pine Street, Peterborough SA 5422
Large block in regional SA | 3 beds, 2 baths | Substantial land area over 1,000m² | Limited comparable data available
This property presents a rare large parcel in a regional centre, offering significant land value and space for a buyer seeking a low-density lifestyle or future expansion. The three-bedroom, two-bathroom configuration on over a thousand square metres of land is a strong foundational proposition, best serving an owner-occupier wanting room or an investor banking on long-term land appreciation in the area. The scale of the block is its primary competitive strength.
The decision hinges on the substantial information deficit regarding the property’s condition, locality, and true market position. The sharp listed price increase lacks visible validation from recent comparable sales or detailed suburb metrics, introducing a material valuation risk. Proceed only with a strategy to secure the property well below the current ask, anchoring your offer to the last verifiable sale. A Propcred report would pressure-test this price against real market movements and uncover locality risks essential for insurance and holding cost calculations.
Recorded sales show a $85,000 purchase in September 2016, followed by a sale at $120,000 in September 2021. This five-year period reflects a steady capital growth trajectory prior to the current $350,000 listing. The $284,000 estimated valuation suggests the market may not support the full listed premium, indicating a significant gap between aspiration and evidenced value that a buyer must reconcile.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Pine Street, Peterborough SA 5422
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Peterborough presents as a high-yield regional market, with investor demand driven by exceptionally strong rental returns. Recent price trends indicate robust capital growth, supported by consistent annual sales volume. Future performance is anchored to this investor appeal and steady local demand, though it faces constraints from household affordability pressures and sensitivity to broader economic conditions.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
4
Land
1013m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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