1 Leabrook Drive, Para Hills SA 5096
1 Leabrook Drive, Para Hills SA 5096
Modern 4-bed infill on compact 350m² lot | Built 2009 with 200m² of living space | Strong rental demand from family tenants | Newer build rare among older suburb stock
This house holds a clear competitive edge in Para Hills because its 2009 construction and 200m² internal layout sit far ahead of the suburb’s typical 1960s-era housing stock. The four-bedroom, two-bathroom configuration on a 350m² allotment appeals directly to family buyers who want modern efficiency without the maintenance burden of a large yard. Built-in robes add practical storage, while the compact footprint keeps upkeep low—a feature that resonates with upgraders moving from older homes and investors seeking dependable tenant appeal. The street itself blends older large-block homes with newer infill, placing this property squarely in the contemporary segment that commands attention from buyers prioritising move-in condition over land speculation.
The smaller 350m² land size may temper value growth compared to larger neighbouring blocks, though it also reduces purchase price and ongoing maintenance costs. The 2009 build year offers a significant advantage over older stock, potentially justifying a premium for its modern structure and energy efficiency. Rental estimates around $605–$695 per week suggest consistent income potential, but the final price likely hinges on how buyers weigh the compact land against the newer building quality—and whether the lack of premium finishes like ducted air conditioning or solar panels becomes a negotiation point. Orientation and detailed fitout remain unknown, so inspection should clarify whether the internal presentation matches the contemporary build year.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Leabrook Drive, Para Hills SA 5096
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Para Hills presents as an affordable entry point into Adelaide’s northern suburbs, characterised by strong recent capital growth in its established housing stock. Demand is driven by young families and first-home buyers, evidenced by the suburb’s youthful demographic and high sales volume for three and four-bedroom homes. The market demonstrates solid momentum with houses selling efficiently, indicating sustained buyer interest. Future performance will hinge on broader affordability pressures and the suburb’s ability to maintain its appeal to its core demographic, though current supply-demand dynamics appear balanced.
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PropCred Estimated Value
Comparable Sales: 2 Leabrook Drive sold for $675,000 in Oct 2024 (4-bed, 590m²) | Property Price Band: $600K–$700K | Value Drivers: Modern 2009 build, compact low-maintenance land, four-bedroom family layout
Bedrooms
4
Bathroom
2
Parking
1
Land
350m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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