22A Hammond Road, Findon SA 5023
22A Hammond Road, Findon SA 5023
3 bed duplex | Findon SA 5023 | built 2012 | Charles Sturt council | strong rental yield
This 2012-built duplex at 22A Hammond Road offers a rare combination of modern construction and single-level liveability within the Charles Sturt council area. The 197mยฒ floorplan on a 340mยฒ lot is compact but efficient, with three bedrooms and two bathrooms placing it competitively against older stock in the Findon market. Its strongest feature is the rental income potential near $690 per week, which translates to a gross yield approaching 3.7% against current value, a figure that outperforms many freestanding houses in the area. The property is best suited to an investor seeking stable cash flow from a low-maintenance asset, or a downsizer wanting newer finishes without strata costs.
The main risk is the absence of land upside-the duplex format limits future subdivision or redevelopment, and the 340mยฒ lot is smaller than typical for the suburb. Appreciation will track the broader market rather than offering scarcity value. The NBN FTTN connection is adequate but not a premium feature. Buyers should note the 2018 sale at $495,000 and the near-doubling in eight years, which suggests much of the growth cycle has already been captured. For an investor, hold for rental income and refinance against equity growth; for an owner-occupier, treat it as a long-term home rather than a flip.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Findon presents as a well-established, family-oriented suburb with a balanced market. Demand is driven by a mature demographic seeking established housing, supported by consistent sales activity. The market demonstrates robust price momentum for houses, while unit performance is more moderate, indicating a clear preference for detached homes. Future growth is underpinned by this sustained demand, though the limited available listings suggest a supply constraint that could intensify competition among buyers.