43 Corkwood Circuit, Andrews Farm SA 5114
43 Corkwood Circuit, Andrews Farm SA 5114
4 bed, 2 bath, 2 car on 375 m² | 208 m² floorplan, larger than typical stock | Family-oriented suburb with active rental demand | Mid-sized lot in a growth corridor
This house presents a genuinely competitive configuration for Andrews Farm. The 208 m² building area across four bedrooms and two bathrooms puts it above much of the newer stock in the suburb, which tends toward smaller 2–3 bedroom investment-style homes on tighter lots. That extra floor space translates into a more comfortable family layout, and the 375 m² block, while not large, offers enough outdoor room without becoming a maintenance burden. The property sits well for young families or owner-occupiers who want a modern detached house with separation between living zones and bedrooms, and the suburb’s mix of B-12 schools and primary options nearby reinforces its appeal to that buyer group. Rental demand for this size of house appears solid, with similar four-bedroom homes drawing strong weekly returns, which also makes it viable for an investor seeking a long-hold property in a growth corridor.
The main value considerations centre on the lot size and the property’s position within a slower-moving market. At 375 m², the land is mid-sized for the area, which may limit future subdivision potential but keeps the entry price more accessible. The build year is not confirmed, though the suburb’s typical construction era suggests a home from the late 2000s to early 2010s, meaning condition and any updates will matter more than age alone. The slower sales environment, with extended days on market, suggests buyers have negotiating room, but the larger floorplan and four-bedroom layout should hold value better than smaller homes in the same suburb. Orientation and finishes are unverified, so a physical inspection is worthwhile to confirm natural light and internal quality before forming a firm price view.
|| Comparable Sales: 33 Centenary Circuit sold at $485,000 for a 2-bed home; similar 4-bed houses in the area have traded in the $600,000s–$700,000s | Property Price Band: $700,000–$800,000 | Value Drivers: larger floorplan, four-bedroom layout, lot size and condition
Detailed Independent Property Report prepared by PropCred Analyst team for 43 Corkwood Circuit, Andrews Farm SA 5114
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Andrews Farm, a northern Adelaide suburb, is family-dominated: population grew 8.16% from 2016-2021 and the largest cohort is under nine. Buyers are primarily young working families—81% of owners hold mortgages, average household size is 2.9. Demand is supported by active turnover, with 201 house sales to December 2025. Prices have risen sharply: median house $660,000–$688,000 with annual growth of 14.5–15.7%; units $492,500, up 19.4% over the year. Houses sell in a median 34 days. Rental yields are moderate at 4.5–4.7%, with median weekly rents of $570 (houses) and $480 (units). Future growth drivers include population momentum and consistent sales volumes. Constraints: high mortgage dependence creates rate sensitivity, and affordability is stretched against local incomes. Supply is steady, with 20–27 monthly listings.
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PropCred Estimated Value
Comparable Sales: 33 Centenary Circuit sold at $485,000 for a 2-bed home; similar 4-bed houses in the area have traded in the $600,000s–$700,000s | Property Price Band: $700,000–$800,000 | Value Drivers: larger floorplan, four-bedroom layout, lot size and condition
Bedrooms
4
Bathroom
2
Parking
2
Land
375m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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