5/440 Grange Road, Fulham Gardens SA 5024
5/440 Grange Road, Fulham Gardens SA 5024
This is a ground-floor, two-bedroom, one-bathroom villa with a single lock-up garage on a 177-square-metre lot, built in 1984. It features floorboards, air conditioning, built-in wardrobes, and an internal laundry. The solid brick construction is typical for the complex, and the property is currently listed for sale.
The competitive strength of this property lies in its ground-floor configuration and solid brick build, offering durable, low-maintenance living that appeals directly to retirees, couples, and small families seeking accessibility without stairs. Within Fulham Gardens, this villa sits squarely in the typical two-bedroom segment, matching the standard stock for the area built around the same period. Its smaller lot size and single car space position it as a more compact option compared to larger three-bedroom units in the same complex, which means it serves buyers prioritising ease and affordability over space. The presence of floorboards and air conditioning adds practical value, making the interior feel modern and comfortable without requiring immediate updates.
Several factors may materially affect the value of this property. The smaller 177-square-metre lot and single car space are genuine constraints that may limit appeal for families or those needing more storage or parking. The 1984 build, while solid, may require future updates to fixtures or systems compared to newer stock, which could influence a buyer’s willingness to pay a premium. The absence of a private garden or courtyard may also be a consideration for those wanting outdoor space. Rental demand for this type of unit appears moderate, with yields estimated around three and a half to four percent, which may inform an investment buyer’s view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/440 Grange Road, Fulham Gardens SA 5024
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Fulham Gardens is a family-centric suburb with a robust owner-occupier presence, underpinning its established residential appeal. Demand is driven primarily by families, supported by market activity that significantly outpaces the state average, indicating strong relative demand for houses. The market exhibits vigorous price growth, with houses appreciating steadily and units experiencing a particularly sharp uptrend. Sales volumes are healthy and properties move efficiently, reflecting a competitive environment. Future growth is linked to this sustained family demand, though the rapid unit price escalation warrants attention to affordability dynamics.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
177m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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