109 Crown Terrace, Royal Park SA 5014
109 Crown Terrace, Royal Park SA 5014
Modern 3-bedroom house opposite reserve parklands | Two-level layout with master balcony and retreat | Low-maintenance 248m² block in Royal Park | Strong appeal for owner-occupiers and investors
This property stands out for its configuration and position. A two-storey layout with the master suite upstairs overlooking a reserve is uncommon in this part of Royal Park, where much of the older stock sits on single level. The open-plan living, designer kitchen, and covered alfresco give it a contemporary, move-in-ready feel that suits families or professionals wanting space without the upkeep of a larger block. The 248m² land size is modest but practical, and the secure double garage with internal access adds everyday convenience. It sits comfortably above the typical older housing in the suburb, and the reserve frontage lifts both lifestyle appeal and perceived value. This property best serves buyers seeking a modern, low-maintenance home with a strong indoor-outdoor connection and a quiet, park-facing setting.
The value picture here hinges on a few things. The reserve outlook and the two-level layout are the strongest differentiators, and they may justify a premium over similar-sized homes without those features. The 248m² block is efficient but limits scope for extension, so buyers wanting more outdoor space may look elsewhere. The modern finishes and low-maintenance garden reduce immediate spending, which matters in this price range. Rental demand for three-bedroom houses in the area appears steady, and the property’s presentation should attract quality tenants if that route is chosen. Condition and presentation are likely to play a significant role in how offers land, given the competitive inner-west market.
|| Comparable Sales: 17 Dover Street sold around $926k; 55 Crown Terrace estimated near $950k | Property Price Band: $900k–$1.0M | Value Drivers: Reserve frontage, two-level layout, modern finishes and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 109 Crown Terrace, Royal Park SA 5014
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Royal Park is an established western-Adelaide suburb where demand is concentrated among 30–39-year-old trades and mortgaged owner-occupiers, with singles forming the largest household type. House prices have risen 10–20% annually, with medians clustering near $845,000 and three-bedroom houses around $822,000. Sales turnover of 56–67 houses over the past year and days-on-market of 29–41 signal balanced-to-seller conditions. Rental stock is exceptionally thin — vacancy is 0.37–0.54% — and house yields sit at 3.5–3.8%. However, unit market data is sparse, with fewer than five unit sales this year, and incomes skew moderate, limiting borrowing capacity. Supply constraints and tight rental demand underpin future upside, while affordability and rate sensitivity are the key risks.
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PropCred Estimated Value
Comparable Sales: 17 Dover Street sold around $926k; 55 Crown Terrace estimated near $950k | Property Price Band: $900k–$1.0M | Value Drivers: Reserve frontage, two-level layout, modern finishes and presentation
Bedrooms
3
Bathroom
2
Parking
2
Land
248m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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