5 Creek View Drive, Redwood Park SA 5097

3 bed, 1 bath, 115sqm | Creek View Drive, Redwood Park | Sold July 2025 for $685k | No parking listed, no current market presence The property’s competitive edge lies in its rarity as a recently traded, unrenovated three-bedroom house on a quiet court in Redwood Park-an area where comparable sales like 22 Creek View Drive confirm steady demand for this configuration. With 115 square metres of internal space, the floorplan offers a practical footprint for a first-home buyer or investor seeking a low-maintenance entry into a established suburb. The absence of parking details is a minor gap but not a deal-breaker for buyers who prioritise location over garage count; the street’s 28 properties suggest a stable, low-turnover neighbourhood. This property serves best as a hold-and-renovate opportunity for someone who can add value through cosmetic updates, or as a solid rental with modest yield in a market where three-bedroom houses under $700k are increasingly scarce. The key risk is the single bathroom-a constraint that limits appeal to families and may cap future resale growth unless a second bathroom is added, which would require careful cost-benefit analysis given the 115sqm footprint. The lack of current market presence means you cannot inspect or negotiate directly; your only path is to track the owner via property portals or wait for a future listing, which introduces timing uncertainty. The opportunity is clear: if you can secure this property at or near its July 2025 sale price of $685k, you are buying below the cost of a comparable new build in Redwood Park, with immediate equity potential from a light renovation. Hold it as a long-term rental or flip it after a bathroom upgrade-either way, the numbers work if you move fast when it reappears.