87 Cliff Street, Glengowrie SA 5044

87 Cliff Street, Glengowrie SA 5044
87 Cliff Street is a 1915-built, 3-bedroom, 3-bathroom detached house on a 211m² lot in Glengowrie, with a 2-car garage and no overlays. It sits within the Hamilton Secondary College catchment. This property is competitively strong due to its three ensuites, which is rare for a cottage of this era and offers a clear configuration edge over typical suburb stock. Its location within the Hamilton Secondary College catchment adds a layer of demand from families, while the small lot and poor condition position it as a prime candidate for a developer or renovator seeking high-density potential. The property serves best a buyer looking to unlock value through a renovation or a small-scale redevelopment, as its age and lot size are constraints for those wanting a move-in-ready family home. The poor condition of the property may materially affect its value, as significant renovation costs could narrow the margin between purchase price and final market value. The small lot size might limit the scope for redevelopment compared to larger parcels, potentially affecting its appeal to developers. The lack of heritage overlays could be an opportunity, as it allows for more flexible design changes without regulatory hurdles. The strong rental demand in the area may provide a fallback for an investor, though the yield might be modest given the high price per square metre.
Detailed Independent Property Report prepared  by PropCred Analyst team for 87 Cliff Street, Glengowrie SA 5044
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk
Income Risk 2
Execution Risk 2
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Market Insight

Glengowrie is a premium, established suburb with a professional demographic driving demand, evidenced by strong recent capital growth across both houses and units. This demand is supported by a healthy market score, though limited sales volumes and a premium price point relative to the state indicate a tightly held, high-value environment with inherent supply constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

2

Land

211m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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