12/14-16 First Avenue, Woodville Gardens SA 5012
12/14-16 First Avenue, Woodville Gardens SA 5012
A two-bedroom apartment from 1974 with one bathroom and a single secure garage, offering 73 square metres of internal living. Built-in robes feature in both bedrooms, and the kitchen is equipped with gas cooking and a dishwasher. Air conditioning and ceiling fans are present. Positioned in the Woodville High School catchment, it aligns with typical demand from families and investors in this affordable metro pocket.
This unit is competitively positioned within its suburb due to its above-average internal size and secure parking, which are less commonly found in comparable period apartments. The inclusion of built-in robes and a dishwasher adds to its appeal for first-home buyers and investors seeking a low-maintenance entry point. Its location within the Woodville High School zone further strengthens its desirability, particularly for families prioritising education. The property serves best as a solid starter home or a reliable rental investment, supported by consistent demand for two-bedroom units in this established neighbourhood.
The building’s age may introduce future maintenance considerations, though no deferred repairs have been flagged. The absence of private outdoor space might reduce its appeal for certain buyer groups, potentially influencing how quickly it sells. Rental performance could be affected by broader economic conditions, but the unit’s features are well-aligned with prevailing tenant expectations.
Detailed Independent Property Report prepared by PropCred Analyst team for 12/14-16 First Avenue, Woodville Gardens SA 5012
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Woodville Gardens presents as a tightly held, entry-level suburb with a young demographic, where demand is driven by local first-home buyers and renters. Recent sales activity indicates a market in transition, with price trends showing mixed signals. Future growth is constrained by limited stock availability, while a slight population decline and recent capital performance suggest a degree of market sensitivity.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
60m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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