2/14 Ormond Avenue, Daw Park SA 5041
2/14 Ormond Avenue, Daw Park SA 5041
compact 2-bed unit | built 1972 | Unley High School zone | flood overlay noted | strong rental yield potential
This 66-square-metre unit from 1972 occupies a practical niche in Daw Parkโs established low-rise setting. Its configuration of two bedrooms, one bathroom, and one car space serves downsizers seeking single-level living without stairs, first-home buyers wanting a foothold in a school-catchment suburb, and investors drawn to a gross yield near 4.5% based on the weekly rental estimate. The location offers immediate convenience with a supermarket roughly 100 metres away and parks within walking distance, while Unley High School catchment adds appeal for families or future resale. The propertyโs mid-century build is consistent with the suburbโs character rather than a drawback, and reliable NBN and 5G coverage meet modern connectivity expectations.
The flood overlay on this lot may influence insurance costs or future development flexibility, so prospective buyers should verify the overlayโs practical impact with council records. Limited information about interior finishes, balcony access, or building amenities means the unitโs true condition and liveability must be confirmed through inspection. The compact floor plan and single bathroom may limit appeal for larger households, and the lack of lift access or shared facilities could affect older buyers. Price negotiation should account for the unitโs age and any deferred maintenance, balanced against the strong local demand suggested by recent market activity.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2/14 Ormond Avenue, Daw Park SA 5041
Market Insight:
Daw Park is positioned as an established, high-performing suburb driven by affluent professionals, reflected in its strong capital growth and premium house prices. Demand is anchored by this demographic seeking quality housing, creating a competitive market with low stock and rapid sales. Recent price trends show exceptional growth, supported by a critically low vacancy rate indicating sustained rental pressure. Future drivers include its enduring appeal to high-income earners, while key constraints are the severely limited property supply, which may challenge affordability and market fluidity.