110A Glynburn Road, Tranmere SA 5073
110A Glynburn Road, Tranmere SA 5073
Modern infill | single-level living | compact 332m² allotment | ducted climate control | strong rental appeal
This is a competitively rare offering for Tranmere, where most stock leans toward older, larger-block homes. The 2015 build delivers a low-maintenance, single-storey layout with 157m² of internal space, which suits downsizers and young families wanting modern efficiency without the upkeep of a traditional property. Its position on Glynburn Road places it within easy reach of Firle Plaza, Aldi, and public transport, and the absence of bushfire, flood, or heritage overlays removes common hurdles. The 3-bedroom, 2-bathroom configuration with one garage is practical for couples or small households, while the ducted reverse-cycle heating and cooling ensures year-round comfort. This house serves buyers prioritising convenience and contemporary finishes over land area, and its rental estimates between $720 and $785 per week indicate solid tenant demand, making it equally attractive to investors seeking a reliable yield in an established eastern suburb.
The compact 332m² land size and single-car parking may limit appeal for families needing more outdoor space or multiple vehicles, which could temper bidding intensity compared to larger neighbouring properties. The 47% building coverage leaves modest yard area, and Glynburn Road’s through-traffic character might introduce noise depending on the home’s setback, though the provided data does not quantify this. The 2015 construction year means the property is relatively new, so structural concerns are minimal, but the lack of detailed fitout specifications suggests finishes may be standard rather than premium. Rental growth from $420–$435 per week in 2016–2019 to current estimates shows strong appreciation, yet the one-car garage could cap future tenant pools. Buyers should weigh the modern efficiency against the smaller footprint, and while the property’s condition appears sound, a building inspection would confirm the actual state of fixtures and systems before forming a final price view.
|| Comparable Sales: 252A Glynburn Road, 3-bed, 2-bath, 1-car on 393m², sold 2023 (price not disclosed) | Property Price Band: $1.0M–$1.1M | Value Drivers: modern build condition, compact land size, single-level layout, location convenience
Detailed Independent Property Report prepared by PropCred Analyst team for 110A Glynburn Road, Tranmere SA 5073
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Tranmere SA 5073 is a tightly held eastern Adelaide suburb, with limited supply and strong buyer competition. Demand is driven by established families seeking school catchments, reflected in 115 house sales in the past year and a median of $1.3 million. Prices have lifted 12% annually, corroborated by a second index showing 10.68% growth, while units recorded an 18% increase to a median of $860,000. Houses sell in a median 28 days, indicating robust absorption. Future growth is supported by constrained stock—just six rental listings and two active sale listings—but affordability constraints and interest-rate sensitivity temper upside. Gross rental yields for houses are a modest 2.95%, versus 4.35% for units, positioning units as the stronger income play.
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PropCred Estimated Value
Comparable Sales: 252A Glynburn Road, 3-bed, 2-bath, 1-car on 393m², sold 2023 (price not disclosed) | Property Price Band: $1.0M–$1.1M | Value Drivers: modern build condition, compact land size, single-level layout, location convenience
Bedrooms
3
Bathroom
2
Parking
1
Land
332m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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