11/92 Brandis Road, Munno Para West SA 5115
11/92 Brandis Road, Munno Para West SA 5115
Compact 4-bed on 376m² | flood overlay noted | Mark Oliphant College catchment | high site coverage at 73% | strong rental potential around $565pw
This property holds a genuinely useful position in Munno Para West’s mixed streetscape. The 376m² block places it in the compact-to-mid range locally, but the 276m² building footprint means you are getting substantial internal volume for the land size. That combination suits a buyer who wants four bedrooms and two bathrooms without the upkeep of a large yard. The flood overlay is the main environmental flag, though it is not uncommon in this part of Playford and does not automatically rule out sound living. For a first-home buyer or a young family, the catchment access to Mark Oliphant College adds practical everyday value, and the rental estimate of $565 per week suggests the house would also appeal to an investor looking for steady tenant demand in a family-oriented corridor.
The value picture here is shaped by a few things you should weigh carefully. The high building coverage at 73% may limit future extension options, which matters if you planned to add a shed or outdoor living later. The build year and internal finishes are not clearly established, so the actual condition of the kitchen, bathrooms, and flooring will carry real weight when forming a price view. The flood overlay may also affect insurance costs or lender appetite, so it is worth a quick check before committing. The prior sale history hints at a low entry point in 2023, but the current estimate range of $650k–$770k reflects the broader uplift in the area, and the nearby 2008-built home on 594m² selling at $375k shows how much land size and age can shift value. The opportunity is reasonable, but the final number should hinge on what you see inside.
|| Comparable Sales: 29 Brandis Road sold $375,000 (2008, 594m²); 81 Brandis Road rental potential $510–$530pw | Property Price Band: $650K–$750K | Value Drivers: internal condition, flood overlay impact, site coverage limits
Detailed Independent Property Report prepared by PropCred Analyst team for 11/92 Brandis Road, Munno Para West SA 5115
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Munno Para West is a young, high-growth Adelaide fringe suburb, with a predominantly 0-9 year age profile and a 28.2% population surge since 2016. Demand is led by families and trades workers on near-median incomes, supported by a 19.4% rise in household earnings. House prices have reached a $655,000–$675,000 median, with annual growth around 9% and 239 sales in the past year, reflecting broad-based buyer activity. Rental demand is firm at $550 per week, though no rental yield or vacancy data is available. Future growth is underpinned by continued population momentum and infrastructure such as long-hour daycare, but affordability constraints are emerging: only 17 dwellings were for sale and 28 for rent last month, limiting choice and heightening rate sensitivity for leveraged buyers.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 29 Brandis Road sold $375,000 (2008, 594m²); 81 Brandis Road rental potential $510–$530pw | Property Price Band: $650K–$750K | Value Drivers: internal condition, flood overlay impact, site coverage limits
Bedrooms
4
Bathroom
2
Parking
2
Land
374m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!