6A Wallace Street, Vale Park SA 5081
6A Wallace Street, Vale Park SA 5081
Torrens titled house | quiet cul-de-sac | modern 2018 build | 4km to CBD | low-maintenance living
This Torrens titled house in a tightly held cul-de-sac is considered a rare find for its combination of modern construction and secure tenure. Built by Olde Worlde Homes in 2018, the property offers low-maintenance living with three bedrooms, two bathrooms, and outdoor entertaining space, positioned four kilometres from the Adelaide CBD. The strong title structure, proximity to Linear Park and the City of Walkerville, and access to Vale Park Primary School make it particularly suited to downsizers and professionals seeking a convenient, quality residence.
The main risk is the pricing uncertainty introduced by variable portal estimates, which requires careful negotiation given the 2018 purchase price of $720,000. Buyers should confirm the dwelling’s classification with council, as some sources label it a duplex despite the Torrens title. Opportunity lies in the suburb’s low turnover and the property’s solid build quality, suggesting steady demand. This house is best held for long-term capital growth or used as a convenient inner-north-east home.
Detailed Independent Property Report prepared by PropCred Analyst team for 6A Wallace Street, Vale Park SA 5081
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Vale Park’s proximity to the CBD, established schools and leafy streets keeps professionals and downsizers chasing quality homes, so demand remains strong even with only a handful of listings showing up each month. High average incomes and a thin sales pipeline are pushing buyers toward renovated houses and infill opportunities, nudging prices higher over the past six months after the recent 4% quarterly lift. The premium entry price caps some demand, yet that same scarcity and ongoing amenity upgrades keep growth opportunities alive if fresh quality stock arrives.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
273m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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