42 Traverse Avenue, Salisbury North SA 5108
42 Traverse Avenue, Salisbury North SA 5108
This is a 1973 single-storey house with 3 bedrooms, 1 bathroom, a 90 square metre internal area, and 703 square metres of land. It has one car space and sits on a level block in Salisbury North.
What is competitively strong here is the land. At 703 square metres, the block is generous and offers genuine future potential for subdivision or a significant renovation, which is a rare advantage in this price bracket. The property is positioned in an established, family-oriented suburb where demand is steady from first-home buyers and young families seeking entry-level housing. The 1973 build is solid and typical for the area, meaning the house itself is serviceable but the real value lies in the dirt. This property best serves a buyer with medium-term plans to either develop or hold for land appreciation, rather than someone seeking a move-in ready modern home.
The internal area of 90 square metres is modest for three bedrooms, which may limit appeal to families needing generous living space without extension. The age of the build means systems like plumbing, wiring, and insulation may be original, and the lack of specified modern amenities suggests a buyer should budget for updates. The absence of a price guide might indicate the seller is testing the market, so a buyer should weigh the cost of necessary renovations against the land’s potential. Orientation and aspect are not confirmed, which could affect natural light and energy efficiency.
Detailed Independent Property Report prepared by PropCred Analyst team for 42 Traverse Avenue, Salisbury North SA 5108
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Salisbury North demand is driven by affordability in Adelaide’s north and proximity to employment hubs, attracting first-home buyers and yield-focused investors. The buyer mix is balanced, with strong investor participation supported by solid rental returns (~4.4–4.7%) and consistent tenant demand.
The key opportunity lies in entry-level pricing with strong rental absorption and relatively fast sales (~28–29 days), underpinning liquidity compared to other affordable markets. The primary risk is socio-economic exposure and supply responsiveness, where price growth can be uneven and sentiment-driven.
Recent trends show strong growth (~10–12% annually) off a low base, with momentum now stabilising as supply increases and affordability pressures begin to cap further acceleration
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
703m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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