Penzance Avenue, Christies Beach, SA 5165

3.6(1 review)

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Who lives here?

  • Professionals
  • Families With Kids
  • Retirees

Reviews of Penzance Avenue, Christies Beach

"Walk to Everything in Next to No Time."

Penzance Ave is on the Northern side of Beach Road running towards the East from Roy terrace.
It is slightly elevated in sections of the street which provides an opportunity for strategically positioned properties to obtain views towards the coast and South Westerly across to the Southern Foothills.There is a diverse style of housing from very modest conventional homes, to near new upmarket houses & townhouses, Traditionally these were all good sized allotments ,however developer interest in recent years has seen a number of them sub-divided and re-developed. The dwellings that secure ocean views ,particulary the newer homes have achieved prices in the vicinity of $500,000. More modest homes without an oulook have typically achieved sales circa $300,000 range. Rent yields have been grossing in the range of 4.6%-4.8% for typical middle of the range 3 bedroom homes.The residents benefitting from the location have been families with children and retiree's taking advantage of the close proximity to the beach road shopping facilities.Since the emergence of the more upmarket townhouses we have witnessed a change in the demograhics to active retiree's and upwardly mobile semi professionals looking for an affordable beach lifestyle option.We anticipate further strong growth in this immediate area as the suburb continues to mature into a new cycle of development.

Who lives here?

  • Professionals
  • Families with kids
  • Retirees
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