5/43 Howard Street, Broadview SA 5083
5/43 Howard Street, Broadview SA 5083
This is a 1972-built unit with 2 bedrooms, 1 bathroom, and 1 parking space. The property is inconsistently classified across sources as a unit, townhouse, or apartment, with a reported land size of 13 m² that is almost certainly a data error given neighboring units in the same complex sit on approximately 100 m² lots. Located in Broadview within the Prospect council area, this unit occupies a position in a suburb characterized by a mix of unit and townhouse stock. The configuration is standard for the area, and the property’s key advantage is its straightforward, low-maintenance footprint that suits first-home buyers or investors seeking a simple entry point.
The competitive strength of this property lies in its classic two-bedroom, one-bathroom layout with dedicated parking, which remains a consistently demanded configuration in Broadview. Its 1972 construction date places it in a well-established building stock that often offers solid bones without the premium of newer builds. This unit best serves a buyer looking for a functional, no-fuss property in a mature suburb with established infrastructure, where the focus is on practicality over prestige. The property’s position within a small complex likely provides a quieter, more private setting than larger apartment blocks, which is a subtle but real advantage for owner-occupiers.
The inconsistent classification across sources may create confusion around the property’s true nature and could affect buyer perception, potentially narrowing the pool of interested parties. The reported land size of 13 m² is a clear data error that might raise questions about the accuracy of other details, so verification of the actual lot size and title is recommended. The February 2024 sale recorded at $420, likely a data error representing $420,000, introduces uncertainty about recent transactional evidence. Buyers should weigh whether the property’s age and standard configuration justify its pricing relative to other units in the area, and they may want to confirm the council’s zoning or any upcoming infrastructure that could influence long-term value.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/43 Howard Street, Broadview SA 5083
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Broadview is a tightly held suburb with a clear family-oriented demographic, driven by professionals seeking established homes. Demand is robust, evidenced by significant long-term capital appreciation and competitive sales volumes, particularly for houses. The market demonstrates resilience with consistent buyer activity, though limited listings indicate supply constraints. Future growth is supported by strong underlying demand, yet sensitivity to interest rates presents a notable consideration given the prevailing mortgage commitments.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
13m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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