5 Kapinka Parade, Riverlea Park SA 5120
5 Kapinka Parade, Riverlea Park SA 5120
4 bed family house | 630m² block | Riverlea estate | large yard rare | modern inclusions
This property stands out mainly because of the block. At 630m², it offers noticeably more outdoor space than most newer houses in the Riverlea Park area, where 370–540m² lots are far more common. That extra land translates into real practical advantages—room for kids to play, space for a future shed or garden, and better side access. The house itself is well configured for family living, with four bedrooms, two bathrooms, a formal lounge plus open-plan area, and a kitchen with solid modern fittings like a gas cooktop, dishwasher, and walk-in pantry. Ducted cooling and reverse-cycle air conditioning cover comfort across the seasons. This is a property best suited to a growing family who wants a new-style home without feeling squeezed onto a postage-stamp lot. The double garage plus two additional open car spaces also adds genuine everyday convenience, especially for households with multiple vehicles or trailers.
The value picture here is shaped by a few factors. The large land size is the strongest driver, as it differentiates this house from most nearby stock and gives it broader appeal to owner-occupiers rather than investors. The modern build quality and inclusions, such as the tiled patio and automatic garage door, support a solid price position. However, the estate is still developing, so the surrounding amenity is not yet mature—buyers might need to drive for some services. The absence of confirmed build year or aspect details means minor uncertainty around how the house sits on the block, which could affect natural light and heating. These factors may influence how much a buyer is willing to pay, but they do not undermine the property’s core strengths.
|| Comparable Sales: 59 Kapinka Parade sold at $775,000 for 400m²; 64 Kapinka Parade sold at similar level for 495m² | Property Price Band: $800,000–$900,000 | Value Drivers: land size, modern condition, four-car accommodation
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Kapinka Parade, Riverlea Park SA 5120
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Riverlea Park, in Playford’s council area, is a low-turnover market shaped by a mature demographic. Demand centres on four-bedroom houses, which recorded 71 sales, more than double the 32 three-bedroom transactions; five-bedroom homes saw 19 sales and two-bedroom just one. Median prices sit at $655,900 for three-bedroom and $848,000 for four-bedroom stock, while houses rent for $660 weekly. Selling times are consistent, averaging 63 days for three-bedroom and 66 days for four- and five-bedroom dwellings. The sales profile suggests trade-up and downsizer activity, not first-home buyers. Thin stock is the principal constraint: only 123 dwellings sold in total across the year, and the trade-up and downsizer buyer pool offers limited evidence of broader future demand.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 59 Kapinka Parade sold at $775,000 for 400m²; 64 Kapinka Parade sold at similar level for 495m² | Property Price Band: $800,000–$900,000 | Value Drivers: land size, modern condition, four-car accommodation
Bedrooms
4
Bathroom
2
Parking
4
Land
630m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!