11A Jasmine Grove, Fulham Gardens SA 5024
11A Jasmine Grove, Fulham Gardens SA 5024
Compact 283m² townhouse | four-bedroom family layout | low-maintenance infill | strong western-suburbs demand
This townhouse occupies a genuinely practical position in Fulham Gardens: four bedrooms and two bathrooms on a compact 283m² parcel that suits buyers prioritising lock-and-leave convenience over outdoor space. Compared with the street’s older detached stock, which often exceeds 370m², this property trades land for efficiency—a configuration that aligns well with downsizers, professional couples, and small families seeking beachside proximity without upkeep. Its modern infill character fits the suburb’s evolving mix, where newer product consistently outperforms older homes on liveability. The buyer it serves best is one who values location, layout, and condition over redevelopment potential.
Value may be shaped by the absence of verified interior details, including floorplan flow, ceiling heights, and finish quality, which could influence perceived worth once inspected. The compact lot may limit future extension options, while the townhouse format might carry strata or body-corporate considerations that affect holding costs. Conversely, strong rental demand and recent suburb growth of 10.1% suggest resilient appeal, though yield near 2.9% reflects owner-occupier dominance. Buyers should weigh these factors when forming a price view, recognising that presentation and internal condition will likely drive final value more than land size.
Detailed Independent Property Report prepared by PropCred Analyst team for 11A Jasmine Grove, Fulham Gardens SA 5024
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Fulham Gardens is family-dominated: 74% of households are families averaging 2.5 people, and 37% of owners have mortgages. Demand is driven by family buyers, with a house boomscore of 55 versus SA’s 29, indicating supply is tight relative to demand. The house median is $1.3 million, with 8.33% annual growth (9.91% in the past year) and a 9.6% compound rate. Units rose 37% to $685,000. Gross yields are modest: 3.01% for houses, 4.26% for units. Weekly rents are $760 and $545 respectively. Houses sell in a median 40 days, with 96-98 sales annually. Future growth rests on sustained family demand and constrained supply. Key risks are affordability at current prices and rate sensitivity from the high mortgage-holder share.
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PropCred Estimated Value
Comparable Sales: 10 Jasmine Grove sold Aug 2020 at $1.31M (754m²) | Property Price Band: $900K–$1.0M | Value Drivers: four-bedroom layout, compact low-maintenance land, beach proximity
Bedrooms
4
Bathroom
2
Parking
2
Land
283m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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