104/9 Paxtons Walk, Adelaide SA 5000
104/9 Paxtons Walk, Adelaide SA 5000
2-bed unit in a 2007 build | 68m² with no car space | CBD fringe walkable to everything | Strong rental demand from city workers | Compact but secure inner-city living
This unit sits in a well-positioned pocket of Adelaide’s CBD, close to the university precinct, Botanic Garden, and East End dining. Built in 2007, it’s newer than much of the older apartment stock nearby, which gives it a practical edge in terms of layout and building systems. The 68m² floor plan is compact but functional, and the absence of a car space is not unusual for this part of the city, where many residents rely on public transport or walking. The security entry and lift access add to its appeal for professionals, first-home buyers, or investors seeking a low-maintenance city base with solid tenant demand.
The lack of a confirmed balcony or private outdoor space might limit its appeal for some owner-occupiers, and the compact sizing means it may not suit those needing generous living areas. The land component is small, so value is driven more by location and building quality than land content. Rental returns appear reasonable for the price range, and the property’s position within the Adelaide High School catchment could broaden its buyer pool. Condition and presentation will matter most when comparing it against similar units in the complex, as finishes and upkeep can vary between individual apartments.
|| Comparable Sales: Unit 305 sold $372k, Unit 102 sold $385k in same complex | Property Price Band: $480k–$580k | Value Drivers: condition, layout efficiency, and rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 104/9 Paxtons Walk, Adelaide SA 5000
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Adelaide’s market is defined by exceptionally tight supply, creating a competitive environment that is driving strong price growth across both houses and units. Demand is underpinned by a diversified local economy and relative affordability compared to eastern capitals, attracting both active buyers and new entrants. This supply-demand imbalance, coupled with improving borrowing conditions, supports sustained upward momentum. However, sharply rising entry prices present a significant constraint for first home buyers, while limited new listings and construction timelines continue to pressure overall market activity.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: Unit 305 sold $372k, Unit 102 sold $385k in same complex | Property Price Band: $480k–$580k | Value Drivers: condition, layout efficiency, and rental yield potential
Bedrooms
2
Bathroom
1
Parking
-
Land
290m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!