40 Firmin Street, Paralowie SA 5108
40 Firmin Street, Paralowie SA 5108
3 bedrooms, 2 bathrooms, 4 to 6 car spaces. Single-story house on approximately 682 m². Built in 1979. Located in Paralowie within Salisbury Council.
This property is competitively strong due to its unusually large land size, which is a rare find in this suburb and provides considerable flexibility. The high parking capacity and modernized kitchen are notable upgrades that set it apart from much of the older local stock. With two bathrooms and a layout that allows for space and flexibility, it is best suited for multi-generational families or investors seeking strong rental appeal from larger households. Its position within a quiet area near shops and schools further reinforces its practical value for family living.
The property’s age, built in 1979, may mean some maintenance or updates are needed compared to newer constructions, which could affect immediate move-in costs. A historical record conflict between three and five bedrooms suggests a possible renovation or title error that a buyer should verify, as it might influence long-term value or resale clarity. The estimated value has appreciated significantly since its last sale in 2013, reflecting the advantage of the large lot and modern finishes, but this should be weighed against any potential structural or compliance issues from the original build era.
Detailed Independent Property Report prepared by PropCred Analyst team for 40 Firmin Street, Paralowie SA 5108
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Paralowie presents as a stable, affordable entry point into the Adelaide market, characterised by strong owner-occupier demand from young families. This is evidenced by high mortgage ownership rates and consistent house price growth, with the market demonstrating solid momentum as properties transact relatively quickly. Future performance will hinge on the suburb’s ability to maintain its affordability advantage while benefiting from broader metropolitan growth, though limited unit market activity suggests a narrower investment profile.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
6
Land
682m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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