Penneys Hill Road

Private Development Opportunity

Discover More About Penneys Hill Road

Beneath The Blue Suburban Skies...

A new and private development opportunity has become available at 50-58 Penneys Hill Road, Hackham. This exclusive development is approved for 14 houses. Build your own home or enjoy a house and land package.

Register your interest today!

14
Houses To Be Built
$300,000
Expected Value Of New Builds
19.8%
Growth In Last 5 Years
$120,000
Starting Price

Investment Rationale

  • “CoreLogic RP Data’s head of research Tim Lawless said the Reserve Bank’s interest rate cuts in February and May helped fuel demand for property. In Adelaide, property prices rose by 4.5 percent, with the median dwelling price hitting $405,000.”

    CoreLogic, 30 June ‘15

     

     

  • “In the year to 2014, sA’s population increased by 15,200 people. The ABs data shows that at June 2014, south Australia had an estimated resident population of 1.69 million, with 77 percent, or 1.3 million, living in greater Adelaide.”

    Australian Bureau of Statistics, June ‘14

     

     

  • “In all 86.4 percent of investors made a profit when they sold their property in Adelaide. Mr Kusher said the number of profit-making sales was trending upwards in Adelaide.”

    CoreLogic RP Data Pain and Gain report, June ‘15

     

     

All within 15 minutes drive...