5/55 Ormond Avenue, Daw Park SA 5041
5/55 Ormond Avenue, Daw Park SA 5041
Large 70s unit | quiet group setting | walkable to shops | secondary school catchment | limited finishes detail
This is a genuinely spacious two-bedroom unit from the mid-1970s, set within a small, secure group on a quiet suburban street. Its internal area of approximately 100 square metres is notably generous for a unit of this era in Daw Park, offering living space that comfortably exceeds what most newer compact apartments provide. The property includes a single car space and sits on a 106-square-metre lot, which is substantial for a unit and contributes to a sense of separation from neighbours. The location adds real day-to-day convenience, with a Foodland supermarket and cafes within easy walking distance, and the property sits within the Unley High School catchment. This configuration best suits buyers who value space and a low-maintenance footprint over modern finishesโfirst-home buyers, downsizers, and investors looking for a solid, well-positioned unit in an established suburb.
The value proposition here may be shaped by a few factors worth weighing. The property was built in 1973, and no renovation history is confirmed, so the condition of kitchens, bathrooms, flooring, and fixtures could vary and may influence both appeal and required budget. The current asking range sits above typical entry-level unit prices, and while the larger floor plan and location support a premium, the final sale price will depend on how the finishes and presentation compare to expectations for a mid-70s unit. Buyers should also consider that private outdoor space is not clearly detailed, and the orientation and natural light levels are not documented, so a physical inspection is necessary to assess liveability. These factors may affect how the property is valued relative to similar older units in the area.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 5/55 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.