1/7 Alicia Street, Aberfoyle Park SA 5159
1/7 Alicia Street, Aberfoyle Park SA 5159
This is a 2-bedroom, 1-bathroom strata unit built in 1987, set within a group of just two units on a 448 m² lot. It includes one car space and is currently tenanted. The property is located in Aberfoyle Park within the Onkaparinga council area.
What is competitively strong about this property is its exceptionally low-density configuration within a suburb dominated by freestanding houses and larger complexes. Being one of only two units on the lot provides a level of privacy and spaciousness that is rare for a unit of this size. The large land area further reinforces this feeling of space, making it a quiet, well-maintained option that is well-suited to buyers seeking a low-maintenance lifestyle without sacrificing outdoor area. This positioning makes it most attractive to empty nesters or retirees wanting a secure, private home, or to small families who value a tranquil setting over high-density apartment living.
The primary factor that may materially affect the property’s value is the current tenancy arrangement, with rent set at $400 per week until late 2026. This existing lease could limit immediate owner-occupier appeal and may require a buyer to wait before moving in. The estimated value relative to this rental return might also suggest a modest investment yield, which could influence an investor’s price ceiling. Additionally, the niche nature of the two-unit strata configuration may narrow the pool of potential buyers compared to more conventional housing options in the suburb, potentially affecting how quickly it sells and at what final price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/7 Alicia Street, Aberfoyle Park SA 5159
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Aberfoyle Park presents as a robust and established family suburb within Greater Adelaide, characterised by strong demand from households seeking larger homes. This is reflected in consistent sales activity across a range of property sizes, indicating broad appeal. Recent price performance has been notably strong, with houses demonstrating significant capital appreciation. The market is active, with properties transacting efficiently, supported by solid rental demand. Future growth is underpinned by this sustained buyer interest, though the current low volume of available listings suggests a constrained supply pipeline, which presents both a support for values and a potential constraint on market fluidity.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
448m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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