23A Warwick Avenue, Kurralta Park SA 5037
23A Warwick Avenue, Kurralta Park SA 5037
3 bed townhouse | 2-car garage | lower-level master | school zone edge | premium finishes
What sets this townhouse apart is the rare combination of a lower-level master suite and a genuine two-car garage, both uncommon in this suburb’s newer infill stock. The finish package—floating timber floors, plantation shutters, fully tiled wet areas—places it clearly above the older units and compact townhouses that dominate nearby streets. With lofty ceilings and ducted zoned climate control, the interior feels more like a small house than a typical townhome. It sits in a quiet pocket of Kurralta Park, yet within easy reach of the city and beaches, and the Adelaide High/Botanic High zone adds a practical layer of demand. This property best suits professional couples, downsizers, or small families who want modern low-maintenance living without sacrificing space or parking.
The value picture here hinges on how the market weighs its premium finish and layout against the modest 169 m² land parcel. The absence of a confirmed build year may matter for buyers focused on depreciation or long-term maintenance planning, though the contemporary design suggests recent construction. The property’s position at the upper end of the suburb’s townhouse market might narrow the buyer pool slightly, but the school zone and strong rental interest for modern dwellings in this pocket may support sustained demand. Weigh the convenience of the location against the limited outdoor space, and consider how the lower-level master suite fits your lifestyle—it is a genuine advantage for some, less relevant for others.
|| Comparable Sales: 33A Warwick Avenue sold near $990k; 24C Garfield Avenue, a 2018 townhouse, reflects newer stock pricing | Property Price Band: $900k–$1.0M | Value Drivers: two-car garage, lower-level master suite, premium finish package
Detailed Independent Property Report prepared by PropCred Analyst team for 23A Warwick Avenue, Kurralta Park SA 5037
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Kurralta Park, eight kilometres south-west of Adelaide’s CBD, is an investor-oriented suburb with transient tenants. House prices rose 17.2% in a year to a $973,000 median, though turnover is thin at 25–58 sales. Units have fallen 22.8% to $440,000, signalling oversupply. Demand rests on proximity to Anzac Highway, Cross Road, schools and shopping; unit yields of 4.4–6.28% attract investors. Vacancy is tight at 1.03%, and houses rent near $650 weekly. Future growth depends on amenity and infrastructure, but affordability pressures and rate sensitivity among the 42.42% renter population are key constraints.
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PropCred Estimated Value
Comparable Sales: 33A Warwick Avenue sold near $990k; 24C Garfield Avenue, a 2018 townhouse, reflects newer stock pricing | Property Price Band: $900k–$1.0M | Value Drivers: two-car garage, lower-level master suite, premium finish package
Bedrooms
3
Bathroom
2
Parking
2
Land
169m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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