8 Ashburn Avenue, Fulham SA 5024
8 Ashburn Avenue, Fulham SA 5024
4 bedrooms, 3 bathrooms, 2 car garage, 316m² lot, double-storey house built 1958. This is a larger-than-average mid-century home on a compact block in a sought-after coastal suburb. The configuration is unusual for its era, offering genuine space for families who want room without the maintenance of a sprawling garden. It sits in a street where older homes are being replaced by new double-storey residences, which positions this property as both a character hold and a potential future redevelopment site. The buyer most suited here is someone who values location over land size, or who sees the long-term upside of a well-located block in a transitioning neighbourhood.
The 316m² lot is a material constraint compared to the original larger holdings in the street, which may limit its appeal to buyers seeking a generous yard. The 1958 build likely retains original finishes, and a renovation budget should be factored in if modern standards are desired. The property has been on the market for 51 days, which may suggest pricing expectations have not yet aligned with buyer sentiment. The recent sale of this same house in 2023 provides a clear benchmark, and any price growth since then should be weighed against the condition and the current market. A buyer should consider whether the four-bedroom layout justifies a premium over newer, smaller alternatives being built nearby.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Ashburn Avenue, Fulham SA 5024
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Fulham is a premium coastal suburb dominated by established families and professionals, creating a stable, high-value market. Demand is driven by this demographic seeking substantial family homes, reflected in strong recent capital growth. The market demonstrates solid absorption with houses transacting efficiently. Future performance relies on sustained demand from upsizing families within this affluent segment, though its premium positioning introduces inherent sensitivity to broader economic conditions affecting high-end buyers.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
316m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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