2/6 Main Parade, Clearview SA 5085
2/6 Main Parade, Clearview SA 5085
2 bedrooms, 1 bathroom, 1 parking space. Built in 1972, the unit offers 62 square metres of internal floor area on a 117 square metre lot. This compact configuration is positioned within a small 1970s complex, making it a distinctly more affordable and lower-maintenance option in a suburb largely defined by larger detached family homes.
The unit is considered competitively strong for its entry-level price point, which is rarely found in this suburb. It serves an investor or first-home buyer who prioritises affordability and simplicity over space. The location on a main thoroughfare offers convenient access to local amenities, though the property itself is unremarkable in finish or aspect. Its compact nature means it competes directly with similar older units rather than the surrounding houses, and its straightforward configuration is seen as a practical choice for a small household seeking a foothold in the area.
The property’s age, dating from 1972, might introduce maintenance concerns with systems like plumbing or electrical, which could affect the price if not addressed. The significant lot size variance within the same complex (ranging from 13 to 195 square metres) may signal irregular land use or shared access considerations that a buyer should verify. A single parking space is adequate for a unit of this size but may limit appeal for a household with multiple vehicles. These factors are best weighed when forming a view on the property’s value.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/6 Main Parade, Clearview SA 5085
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Clearview is a family-oriented suburb in northern Adelaide, characterised by a young demographic and a high proportion of renters. Demand is driven by young professionals and couples with children, supported by consistent annual sales activity. The market demonstrates solid price growth, with houses transacting relatively quickly, indicating sustained buyer interest. Future performance is underpinned by this demographic demand, though the market is concentrated in houses, with limited unit data presenting a constraint on broader market insight.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
117m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!