11A Parsons Road, Dernancourt SA 5075
11A Parsons Road, Dernancourt SA 5075
Detached 1960s-era house | generous 640sqm allotment | GN zoning with subdivision scope | family-focused corridor | O-Bahn and park proximity
This property is positioned in an established residential pocket where older detached housing on medium-to-large allotments is found as the dominant stock type. With a land holding around 640 square metres, genuine scope is offered for extension, renovation, or potential subdivision, subject to council conditions. This is competitively strong because much of the surrounding supply is similarly aged, yet the generous frontage gives this property a flexibility edge. The street’s recorded activity shows strong capital growth, with a 1969-built comparator achieving $940,000 in 2025. That places this property within a family-oriented price range, serving buyers who prioritise space and convenience to schooling, shopping, Linear Park, and the O-Bahn. For a renovator or land-bank buyer, the combination of older build quality and large parcel size is the core attraction.
The condition of the existing dwelling and the degree to which any subdivision potential is realised may materially affect value. A dated interior may be expected to require meaningful capital outlay, while a well-presented renovated home might attract a premium from owner-occupiers. The exact land dimensions, frontage configuration, and council constraints on future split should be weighed carefully when a price view is formed. Orientation and side access may also be seen as influencing how the property is valued.
Detailed Independent Property Report prepared by PropCred Analyst team for 11A Parsons Road, Dernancourt SA 5075
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
This suburb records a median house price of $970,556, with annual growth of 19% and a 0.34% vacancy rate. Houses sell in 44 days on average, and annual sales volume sits near 90, indicating a thin, fast-moving market. Demand is led by high-income professional families, who make up 76% of households; the dominant 60–69 age group points to downsizers and lifestyle buyers. Gross rental yield is 3.88% and median weekly rent is $640, giving investors moderate returns, though owner-occupiers appear to prevail. Supply constraints are evident in low inventory and vacancy, while the price point and rate sensitivity present key risks. Future growth drivers cannot be assessed from available data, and transport and school quality metrics are absent.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 1 Parsons Road sold $940,000 (Aug 2025); Lot 2, 28 Parsons Road sold $163,000 (land) | Listed Price Band: $900K–$1.0M | Value Indicator: condition, land size, subdivision potential
Bedrooms
3
Bathroom
2
Parking
2
Land
371m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!