144 Coventry Road, Smithfield Plains SA 5114
144 Coventry Road, Smithfield Plains SA 5114
This property is a 1966 single-storey house with 3 bedrooms, 2 bathrooms, 1 car space, a 95 m² floor area, and a 326 m² land size on Coventry Road in Smithfield Plains. It sits on a residential lot with active subdivision interest, offering a standard functional layout in a growing northern suburb.
What is competitively strong here is the rare opportunity to acquire a house on a subdivided lot in a growing northern suburb with strong buyer and rental demand. The 3-bedroom, 2-bathroom configuration provides a practical and desirable layout for families or investors seeking immediate occupancy. The property’s 1966 construction suggests potential for renovation or original features, allowing a buyer to add value through updates. This house serves best a first-home buyer or investor looking for a well-located, entry-level property with scope for improvement in a suburb experiencing development activity.
What might materially affect the value is the property’s age and potential maintenance needs, which could require investment in updates to compete with newer stock. The land size is smaller than typical new developments, which may limit future subdivision potential but ensures a manageable footprint. The active subdivision context on Coventry Road might influence resale dynamics, as nearby lot sales could set price expectations. Buyers should weigh the trade-off between the property’s lower entry price and the possible costs of renovations against the area’s growth prospects.
Detailed Independent Property Report prepared by PropCred Analyst team for 144 Coventry Road, Smithfield Plains SA 5114
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Smithfield Plains is a high-growth, entry-level market driven by young families, evidenced by its youthful demographic and high proportion of renters and single-parent households. Recent price trends show exceptionally strong capital growth, with houses transacting relatively quickly, indicating sustained buyer urgency. Future performance is underpinned by its established affordability and rental demand, though its sensitivity to economic conditions and interest rates presents a key consideration for investors.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
326m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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