2 Cleese Court, Para Vista SA 5093
2 Cleese Court, Para Vista SA 5093
Compact infill block | 307 sqm with 8.84m frontage | suited to first-home buyers and downsizers | rectangular and low-maintenance | Para Vista redevelopment pocket.
This is a genuinely rare offering in Para Vista, where most original housing stock sits on 500–700+ sqm blocks from the 1960s and 1970s. A 307 sqm rectangular allotment with a practical 8.84m frontage is a different product entirely — it is a modern infill opportunity rather than a traditional family block. The listing is explicitly aimed at first-home buyers and downsizers, and that makes sense. It suits someone wanting a compact, efficient build with minimal outdoor upkeep, not someone chasing a large yard or extensive renovation potential. The shape is well proportioned, which should allow for a straightforward single-level or two-storey design without the complications of an awkward or irregular footprint. For the right buyer, this is a clean slate in an established suburb, with schools and local retail nearby and a neighbourhood that is gradually seeing more of this kind of subdivision activity.
What may materially affect value is the size itself. At 307 sqm, this sits at the lower end of local land sizes, and that will naturally limit its appeal to buyers who prioritise outdoor space or future expansion. The narrow frontage may also constrain design options, particularly if you want a double garage or a wide street presence. That said, the low vacancy rate in the area and the steady demand from first-home buyers and downsizers suggests a solid resale market for a well-executed build. The surrounding area has a mix of older homes and newer infill lots, so the property’s value will likely hinge on how well the eventual house uses the land, rather than the land itself. Buyers should weigh construction costs carefully against the final product, since the total outlay will determine whether this stacks up against established homes nearby.
|| Comparable Sales: 16 Jeff Street sold around $839K–$889K on 240 sqm; 18 Batley Street on 573 sqm valued near $831K | Property Price Band: $400K–$500K | Value Drivers: land size, rectangular configuration, infill potential in an established suburb
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Cleese Court, Para Vista SA 5093
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Para Vista is a thriving, park-fringed suburb demonstrating robust market momentum. Demand is driven by its increasing desirability among local property seekers, supported by a tight rental market with extremely low vacancy. Recent price trends show strong capital growth, with houses transacting relatively quickly, indicating sustained buyer competition. Future growth is underpinned by this solid demand profile, though the market’s sensitivity to broader economic conditions remains a key consideration for prospective buyers.
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PropCred Estimated Value
Comparable Sales: 16 Jeff Street sold around $839K–$889K on 240 sqm; 18 Batley Street on 573 sqm valued near $831K | Property Price Band: $400K–$500K | Value Drivers: land size, rectangular configuration, infill potential in an established suburb
Bedrooms
3
Bathroom
1
Parking
2
Land
617m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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