2 Perseverance Road, Tea Tree Gully SA 5091
2 Perseverance Road, Tea Tree Gully SA 5091
1963-built, fully renovated | 751m² with pool pavilion | 309m² floor area, rare for era | 4-car secure parking | Family/lifestyle appeal
This house carries a genuinely uncommon combination for Tea Tree Gully: a mid-century shell that has been completely modernised, with the internal footprint pushed to 309 square metres. That is large for a 1960s build, and when matched with the solar-heated mineral pool, outdoor kitchen, and expansive alfresco, it reads as an entertainer’s property rather than a standard suburban renovation. The 751m² allotment gives it breathing room, and the four parking spaces—two garage, two carport—add practical weight for families with multiple vehicles or a trailer. It would suit a buyer who wants move-in-ready quality without paying for a new build, and who values established streets with mature gardens over estate living.
The main value considerations centre on how the market reads the single bathroom and the 1963 origins. Three bedrooms with one bathroom is a functional but not generous layout for a house of this size, and some buyers may discount accordingly. The under-house storage and attic space suggest a raised design, which can be a positive for separation but may also mean steps to entry. The bushfire overlay on parts of this street is worth checking, as it can affect insurance and future extensions. The renovation quality and the pool pavilion are the strongest levers here—if they are executed to a high standard, they justify attention; if they are merely cosmetic, the price band narrows.
|| Comparable Sales: 52 Perseverance Road sold $950,000 in May 2026; 15A Perseverance Road sold $1.36M in Feb 2026 | Property Price Band: $1.1M–$1.2M | Value Drivers: renovation quality, pool and outdoor infrastructure, land size relative to floor area
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Perseverance Road, Tea Tree Gully SA 5091
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Tea Tree Gully is a well-established, family-oriented suburb with strong market fundamentals. Demand is driven by middle-income families seeking established homes, supported by solid infrastructure and school catchments. The housing market exhibits robust price growth and tight supply, with houses transacting efficiently. Future growth is underpinned by sustained buyer activity, though affordability pressures and interest rate sensitivity present notable constraints in the current climate.
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PropCred Estimated Value
Comparable Sales: 52 Perseverance Road sold $950,000 in May 2026; 15A Perseverance Road sold $1.36M in Feb 2026 | Property Price Band: $1.1M–$1.2M | Value Drivers: renovation quality, pool and outdoor infrastructure, land size relative to floor area
Bedrooms
3
Bathroom
1
Parking
4
Land
751m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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