39 Wicklow Street, Salisbury Downs SA 5108

39 Wicklow Street, Salisbury Downs SA 5108
Family home on large block | pool and two living areas | flood overlay present | single bathroom limitation This property offers a genuinely rare combination in Salisbury Downs: a four-bedroom home on a 660-square-metre block with a pool, two separate living zones, and only 24 percent building coverage. For a buyer seeking space to grow, the land-to-building ratio is unusually favourable, and the layout works well for families who need separation between adult and children’s zones. The estimated rental yield of around 4 percent signals strong owner-occupier demand in this pocket, and the catchment for Parafield Gardens High School adds practical appeal for buyers with school-aged children. The property is best suited to a family who values indoor-outdoor living and room to extend or landscape, rather than an investor prioritising bathroom count. The single bathroom for four bedrooms is the most material constraint, and will narrow the buyer pool at resale. The flood overlay is a genuine risk that requires a formal flood report and insurance cost check before any offer is made. Parking count inconsistency between two and four spaces suggests the garage may be single and the balance is driveway or hardstand, which is workable but not generous. The NBN and 5G connectivity are useful but not differentiators. The opportunity lies in negotiating on the bathroom limitation and flood overlay, as these factors may deter less informed buyers and create a window for a well-prepared purchaser to secure a property with strong land fundamentals.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 39 Wicklow Street, Salisbury Downs SA 5108
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Market Insight:

Salisbury Downs demand is driven by affordability in Adelaideโ€™s north and proximity to employment hubs, attracting first-home buyers and investors seeking accessible entry points. The buyer mix is balanced, with strong investor participation supported by consistent rental demand and yields around the lowโ€“mid 4% range. The key opportunity lies in strong absorption and steady turnover (~34 days on market), indicating relatively better liquidity than comparable affordable suburbs. The primary risk is socio-economic exposure and supply responsiveness, where increased listings can quickly moderate price growth. Recent trends show strong growth (~12โ€“13% annually) off a low base, with momentum now stabilising as affordability tightens and supply gradually returns
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

660mยฒ

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