22 Gulnare Grove, Lightsview SA 5085
22 Gulnare Grove, Lightsview SA 5085
Modern double-storey on rare 397m² Torrens title | North-facing rear yard with enclosed alfresco | 13m frontage stands out in compact infill suburb | Refreshed 2025 facade signals move-in ready condition.
This house holds a genuine competitive edge in Lightsview because its land component is markedly larger than most of what surrounds it. The suburb was built around townhouses and compact dwellings, many on blocks under 200m², so a 397m² Torrens title with a 13m frontage offers rare spatial breathing room. The north-facing rear yard and enclosed alfresco with barbecue provisions extend the living zone outdoors, while the 2.7m ceilings, fully tiled bathrooms, and ducted heating and cooling upstairs lift it above standard spec. It suits a growing family wanting contemporary amenity without the maintenance load of a big suburban garden, or a buyer who values the flexibility of genuine land in an inner-northern location close to the city.
The 2010 build places it in Lightsview’s earlier phase, which means the layout is more generous than the newer, denser product coming through. The 2025 facade and fence refresh reduces immediate cosmetic spend, but the internal finishes, while solid, are now fifteen years old and may not match the polish of brand-new stock. The north-facing rear yard is a genuine advantage for light and entertaining, though the 397m² allotment still requires some ongoing upkeep. The double garage with internal access plus driveway parking is practical, but the compact street pattern in the area means on-street visitor parking could be tight at peak times.
|| Comparable Sales: 6 Gulnare Grove sold at $836,000 for a 128m² townhouse; 1A Gulnare Grove sold at $482,383 in 2020 for a 154m² dwelling | Property Price Band: $800,000–$900,000 | Value Drivers: land size and frontage, north-facing orientation, refreshed external presentation, and double-storey layout with premium internal fitout.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Gulnare Grove, Lightsview SA 5085
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Lightsview attracts young professionals: 35% of residents are aged 20–34, the dominant cohort is 30–39, and 42% of households are couples with children; 49% are purchasers. Houses have risen 11.0% in a year to a $756,000 median, with 12.7% compound growth; units are $534,000. Sales volumes are moderate at 84–132 annually, yields are 4.2% houses and 4.8% units, and houses sell in 30 days. Road access via East Parkway and Rapid Avenue supports commuter demand, pointing to continued momentum. Risks include a 2.18% population decline to 6,090 in 2021, prices above state averages, and a boomscore of 52/100: healthy but not overheated. With 18 rentals and 13 house sales last month, supply remains fluid.
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PropCred Estimated Value
Comparable Sales: 6 Gulnare Grove sold at $836,000 for a 128m² townhouse; 1A Gulnare Grove sold at $482,383 in 2020 for a 154m² dwelling | Property Price Band: $800,000–$900,000 | Value Drivers: land size and frontage, north-facing orientation, refreshed external presentation, and double-storey layout with premium internal fitout.
Bedrooms
3
Bathroom
2
Parking
2
Land
397m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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