5/111 Kings Road, Salisbury Downs SA 5108
5/111 Kings Road, Salisbury Downs SA 5108
3 bed, 2 bath, 1 car townhouse | 211m² compact allotment | Flood overlay noted | Modern two-storey format in a grouped estate
This townhouse sits in a modern, medium-density pocket of Salisbury Downs, a clear step away from the suburb’s older detached stock. The two-storey layout with internal garage access and low-maintenance yard suits first-home buyers, downsizers, and investors who prioritise convenience over space. The 3-bed, 2-bath configuration is practical for small families or sharers, and the open-plan living with a quality kitchen and ducted air conditioning, as seen in comparable units in the same complex, gives it a contemporary finish that competes well with newer builds. Its position near Little Para Linear Park, shopping centres, and transport adds everyday appeal, making it a strong option for those wanting a lock-and-leave lifestyle without sacrificing amenity.
The flood overlay is the main factor to weigh carefully. It may affect insurance premiums, future extensions, or design requirements, so you should check council guidance before committing. The compact 211m² land size limits outdoor space but keeps upkeep minimal, which is a trade-off rather than a drawback. The same complex has seen a sale at $945,000 for a similar three-bedroom unit, though that had two car spaces, so the single-car format here might place it slightly lower. The absence of heritage or bushfire overlays simplifies things, and the modern build age reduces immediate maintenance concerns. Rental demand appears solid given the location and property type, with an estimated $585 per week, which supports investor interest.
|| Comparable Sales: 2/111 Kings Road sold $945,000; 9/111 Kings Road listed at 227m² | Property Price Band: $700,000–$800,000 | Value Drivers: modern condition, compact land, two-storey layout, flood overlay consideration
Detailed Independent Property Report prepared by PropCred Analyst team for 5/111 Kings Road, Salisbury Downs SA 5108
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Salisbury Downs demand is driven by affordability in Adelaide’s north and proximity to employment hubs, attracting first-home buyers and investors seeking accessible entry points. The buyer mix is balanced, with strong investor participation supported by consistent rental demand and yields around the low–mid 4% range.
The key opportunity lies in strong absorption and steady turnover (~34 days on market), indicating relatively better liquidity than comparable affordable suburbs. The primary risk is socio-economic exposure and supply responsiveness, where increased listings can quickly moderate price growth.
Recent trends show strong growth (~12–13% annually) off a low base, with momentum now stabilising as affordability tightens and supply gradually returns
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 2/111 Kings Road sold $945,000; 9/111 Kings Road listed at 227m² | Property Price Band: $700,000–$800,000 | Value Drivers: modern condition, compact land, two-storey layout, flood overlay consideration
Bedrooms
4
Bathroom
2
Parking
1
Land
227m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!