38A Florence Street, Fullarton SA 5063

3 bed | 2 bath | house on ~390sqm | Fullarton | low yield suburb This is a compact three-bedroom house on a modest landholding, positioned in one of Adelaide’s most tightly held inner-south suburbs. The configuration is practical for a downsizer or professional couple who want single-level living without the maintenance of a larger block, though the floor area at 203sqm is generous for its bedroom count. Being in Unley Council adds a layer of desirability, as the area is known for its established streetscapes and proximity to the city. The property serves best as a long-term owner-occupied home rather than a rental investment, given the suburb’s capital-growth profile. The main factor to weigh is the land size discrepancy between listings, which may reflect different measurement methods or an error in the data. A 9sqm difference is not trivial when valuing a house in this price bracket. The property last changed hands in 2016 for a figure that seems low even by the standards of that time, so the current owner may have added value or the sale may have been off-market. Without confirmed comparable sales nearby, the price should be tested against recent settled transactions in the immediate streets, not suburb medians. The rental yield signal is weak, which reinforces that this is a home-first proposition.