47 Yurilla Drive, Bellevue Heights SA 5050
47 Yurilla Drive, Bellevue Heights SA 5050
47 Yurilla Drive is a single-level four-bedroom, one-bathroom house on 1,285 square metres of land with a 117-square-metre internal floor area, built circa 1990 and offering two car spaces. The property sits in a quiet, established residential street within Mitcham Council area.
The large landholding is this property’s defining competitive strength, offering a rare combination of generous space and a sought-after school catchment that appeals to families and investors alike. Its low building coverage of approximately nine percent provides clear potential for expansion, a pool, or landscaping, which is uncommon for a four-bedroom house in this location. The property is well-positioned within the suburb, where larger lots are increasingly valued, and it serves best buyers prioritising land over internal finishes, particularly those connected to the nearby high-selectivity school. Strong rental demand and a gross yield of around 4.4 percent further support its appeal for investors seeking land-backed growth.
The single bathroom may be a material constraint for some family buyers, as it limits the property’s convenience relative to expectations for a four-bedroom house. The 1990 construction is older than some nearby builds, which might influence maintenance considerations or renovation appetite. Bushfire and flood overlays in the suburb could affect insurance costs or resale perception, though the property itself is not specifically flagged. The absence of solar panels or a pool, while not detrimental, may be factors buyers weigh when comparing options. These elements should be assessed against the land value and future potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 47 Yurilla Drive, Bellevue Heights SA 5050
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Bellevue Heights presents as a tightly held, established suburb with a mature demographic profile, where family households dominate. Demand is driven by professional owner-occupiers, supported by strong recent capital growth. The market is characterised by low sales volumes, indicating limited supply, which underpins its robust price performance. Future growth will likely hinge on the suburb’s appeal to this established demographic, though its low turnover and specific buyer profile may constrain broader market momentum.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
2
Land
1285m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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