12 Elaine Street, Evanston SA 5116
12 Elaine Street, Evanston SA 5116
A single-level courtyard home built in 2014, this 3-bedroom, 2-bathroom house offers approximately 120sqm of internal living on a 502sqm easy-care allotment. It includes ducted heating and cooling, a remote double garage, a main bedroom with ensuite and walk-in robe, and an undercover outdoor entertaining area.
This property is competitively positioned as a low-maintenance, modern alternative in a suburb where older, larger homes dominate. Its 2014 construction delivers a turnkey condition that appeals strongly to families and professionals seeking a lock-and-leave lifestyle without immediate renovation needs. The quiet, no-through road location enhances its family-friendly appeal, while proximity to the train station and shopping adds practical convenience. This house serves best those prioritizing efficiency and modern finishes over expansive land, as its courtyard design and level lot minimize upkeep while still providing a functional outdoor space.
The property’s smaller lot size relative to nearby homes may influence long-term land value appreciation, but this is balanced by its modern construction and desirable location on a quiet street. Buyers might consider that the absence of recent comparable sales data for this specific address introduces some uncertainty when forming a price view. The inclusion of a cat run and greenhouse adds niche appeal for certain buyers, though this may not materially affect broader market value. Overall, the property’s strength lies in its immediate livability and low-maintenance character, with price sensitivity likely tied to how much premium a buyer places on newer builds versus larger land holdings in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Elaine Street, Evanston SA 5116
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Evanston presents as a high-growth residential market, with its strong recent capital appreciation and rapid sales velocity indicating robust demand. This demand is primarily driven by owner-occupiers, as evidenced by the high proportion of mortgaged households, seeking affordable entry into the housing market. The suburb’s consistently low days on market and sustained double-digit annual price growth reflect a competitive and supply-constrained environment. Future performance will be underpinned by this established momentum, though its sensitivity to broader economic conditions is a noted consideration given the high level of household indebtedness.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
502m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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