9/11 Winifred Street, Adelaide SA 5000

9/11 Winifred Street, Adelaide SA 5000
2 bed 1 bath flat apartment | 1990 build | 93 m² lot | balcony & dishwasher | Adelaide High catchment This unit holds a practical edge for city-fringe buyers. The 1990 construction with a balcony and dedicated carport offers genuine liveability, not just investment math. Its 93 m² footprint is generous for a two-bedroom flat, giving it a roomier feel than much of the newer compact stock nearby. Positioned in Adelaide’s inner ring, it suits owner-occupiers wanting walkable access to the CBD, markets, and parklands, while also appealing to investors chasing steady rental demand. The stable owner mix in the building and the common 2-1-1 layout make it a predictable, low-surprise purchase for someone prioritising function over flash. Value may hinge on how the interior presents relative to its 1990 origins. Finishes and floor level are unconfirmed, so condition could shift perceived worth meaningfully. The lack of heritage or flood overlays removes red-tape risk, but the older building may carry maintenance expectations that newer buyers overlook. Rental estimates suggest a reasonable yield, though portal variance hints the true market position sits somewhere between conservative and optimistic. Buyers should weigh upgrade costs against the solid location fundamentals when forming their price view. || Comparable Sales: 4/11 Winifred St sold 2025 (2 bed, 1 bath); 9/11 Winifred St sold 2016 for $378k | Property Price Band: $500K–$600K | Value Drivers: interior condition, floor level, balcony and carport utility
Detailed Independent Property Report prepared  by PropCred Analyst team for 9/11 Winifred Street, Adelaide SA 5000
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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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.
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PropCred Estimated Value

Comparable Sales: 4/11 Winifred St sold 2025 (2 bed, 1 bath); 9/11 Winifred St sold 2016 for $378k | Property Price Band: $500K–$600K | Value Drivers: interior condition, floor level, balcony and carport utility

Bedrooms

2

Bathroom

1

Parking

1

Land

93m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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