13 Middleton Street, Salisbury SA 5108

13 Middleton Street, Salisbury SA 5108
4-bedroom 1960s house | 848mยฒ land in Salisbury | swimming pool | ducted heating and air conditioning This property offers a rare combination of generous land size and solid 1960s construction in a location where larger parcels are becoming uncommon. The 848mยฒ block with 43% building coverage provides genuine scope for future reconfiguration, extension, or subdivision subject to council approval. The ducted heating and air conditioning, along with the swimming pool, make it immediately livable, which reduces holding costs for a buyer who may want to phase improvements. It is best suited to a family or investor looking for land bank potential in a well-connected suburb with NBN and 5G coverage. The single bathroom is a functional limitation for a four-bedroom house, particularly for families or future resale, and will likely require a renovation costing $25,000โ€“$40,000 to add a second bathroom. The reported building size discrepancy between 367mยฒ and 159mยฒ warrants a physical inspection to confirm usable floor area. The property sits in the Salisbury High School catchment, which may narrow the buyer pool. A prudent approach is to buy for land value and hold for medium-term capital growth, using the existing rental income of around $500 per week to offset carrying costs while planning a strategic upgrade.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Salisbury is a family-oriented suburb with a strong owner-occupier presence, where demand is primarily driven by working families. The market demonstrates robust price growth, particularly for units, supported by high sales volumes and a competitive rental market offering solid yields. Future momentum is underpinned by this sustained buyer activity, though the current low level of available stock presents a key constraint on supply.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

3

Land

847mยฒ

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