9 Emma Street, Marino SA 5049

Large block in quiet cul-de-sac | Four-bedroom family home | Recent premium sale on same street | No flood risk This house presents a strong proposition for an owner-occupier seeking space and stability in a tightly held location. Its 818-square-metre block and four-car parking are increasingly rare offerings that provide tangible utility and underpin long-term value, serving a family demographic most effectively. The property’s position on a street with only eighteen houses inherently limits supply, amplifying the value of its substantial land component. The primary risk is the premium being asked, which must be validated against a market with limited recent sales. The opportunity lies in securing a large parcel in an established neighbourhood, a strategic hold for capital growth. Proceed with an offer anchored to the most recent comparable sale, anticipating this property as a long-term family holding. Recent sales on Emma Street provide a direct benchmark: • 4 Emma Street sold for $1,351,000 in September 2024 (4 bed, 2 bath, 2 car). • 1 Emma Street sold for $950,000 in January 2021 (3 bed, 2 bath, 2 car). The 2024 sale at number 4 establishes a clear baseline. This property commands a higher asking price, justified by its larger block and greater parking capacity, but the exact premium requires careful negotiation.