7 Cedric Avenue, Redwood Park SA 5097
7 Cedric Avenue, Redwood Park SA 5097
3 bedrooms, 1 bathroom, single-level house built 1973 on an elevated 761m² lot with 111m² internal floorplan. Features include ceiling fans in all bedrooms, built-in robe in main, sunken living room, separate WC, expansive outdoor entertaining area with pitched roof and ceiling fan, solar panels, off-street parking for up to 4 vehicles, low-maintenance allotment with hilly green-space outlook.
The elevated position with its hilly green-space outlook is a genuinely rare feature for a 1973 house in Redwood Park, where most stock sits on flatter suburban lots. The sunken living room adds character that newer builds lack, and the outdoor entertaining area with pitched roof and ceiling fan extends usable living space year-round. This property is best suited for investors seeking immediate rental income at $570 per week through to November 2026, or family buyers who value location convenience over internal square footage. The 111m² floorplan is compact by modern standards but the low-maintenance allotment and solar panels offset ongoing costs effectively.
The 1973 construction age may require attention to insulation, wiring, or plumbing that a newer property would not, though no specific issues are noted. The single bathroom configuration could limit appeal for families or future resale compared to typical two-bathroom homes in the area. The parking discrepancy across sources—reported as either 1 or 4 spaces—might affect buyer perception depending on actual driveway capacity. The estimated rental yield around 3.4% is reasonable for the suburb but not exceptional, and the tenancy until November 2026 provides income certainty while delaying any owner-occupier renovations.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Cedric Avenue, Redwood Park SA 5097
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Redwood Park is a tightly held, family-oriented suburb exhibiting strong capital growth, driven by its established residential character and high owner-occupier presence. Demand is anchored by families seeking stable, long-term homes, which underpins a competitive sales market with properties transacting swiftly. Recent price performance has been robust, reflecting sustained buyer competition in a low-supply environment. Future growth will be supported by this demographic stability, though the market’s sensitivity to broader economic conditions and limited turnover present inherent constraints on both opportunity and supply.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
760m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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