11 Richardson Avenue, Glenelg North SA 5045

11 Richardson Avenue, Glenelg North SA 5045
This 2008-built duplex has three bedrooms, two bathrooms, and two car spaces across a single level. The internal area is 199 square metres on a 352-square-metre lot. It sits in Glenelg North within the Holdfast Bay council area with no flood, bushfire, or heritage overlays. School catchments include St Leonards Primary and Plympton International College. The property offers a rare modern configuration in a suburb where many homes date from the 1960s and 1970s. A competitively strong position is held by this duplex due to its newer build and generous internal proportions which are uncommon locally. The single-level layout and secure double garage appeal directly to families who seek accessibility and storage without the compromises of older stock. Being situated within a sought after school catchment further strengthens its draw for education-focused buyers. Compared to typical options in the area this property delivers a turnkey modern experience that requires little immediate work making it a practical choice for those who value convenience and low maintenance. The buyer best served here is likely a family or professional couple wanting a well-located Holdfast Bay residence without sacrificing contemporary standards. The price point may be influenced by the properties modern finish and larger footprint but the potential for lower rental returns given the high entry cost is a factor to consider. Limited privacy from the duplex configuration might affect resale appeal for some buyers and the absence of premium features such as a pool could cap further upside in a competitive market.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11 Richardson Avenue, Glenelg North SA 5045
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✓
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Market Insight

Glenelg North presents a premium coastal market with a clear price hierarchy between houses and units. Demand is anchored by buyers seeking established homes, evidenced by strong annual capital growth for houses and consistent sales activity. The market demonstrates resilience with steady price appreciation, though houses transact more deliberately than the broader market. Future performance is underpinned by its enduring coastal appeal, yet investors should note the differential in rental yields between property types.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

352m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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