461 Coventry Road, Munno Para SA 5115
461 Coventry Road, Munno Para SA 5115
Detached family house | 2010s-era build corridor | strong rental demand | compact-to-medium land | flood overlay worth checking
This property sits within a corridor of modern detached houses, mostly built after 2010, with three to four bedrooms and double garages. The area serves families and investors well, given the mix of schools, parks, shopping centres, and transport links nearby. The house likely appeals to first-home buyers, young families, or those seeking a lower-priced entry into Adelaide’s northern growth zone. The presence of defence-linked tenants near RAAF Base Edinburgh adds a steady rental pool, which supports income potential. The build quality appears standard but functional, with practical layouts and outdoor living spaces that match what most buyers in this price range expect.
Value may hinge on the exact land size and whether the property carries a flood overlay, as one nearby house does. If the land is closer to 420m² rather than 270m², that would push it above typical infill stock in the corridor. The build year also matters—older homes in the area may need more upkeep, while newer ones command a premium. The lack of confirmed details on the internal condition or any extensions means the final price could shift depending on presentation and any title-specific constraints. Buyers should weigh these factors when forming a view on what to offer.
Detailed Independent Property Report prepared by PropCred Analyst team for 461 Coventry Road, Munno Para SA 5115
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Munno Para, in Adelaide’s northern corridor, is a young, entry-level market: population sits at 7,577, with a median age of 29, and demand is driven by first-home buyers, young families, and investors chasing rental yields above 4.5%. House prices have reached a median of $610,000 with 5.35% annual growth, while units are surging at 19.05% to a $550,000 median—signal of tightening supply. Houses clear in 28 days, and 177 sales annually indicate steady turnover. Rents of $550 weekly for houses and $500 for units underpin investor returns, with rental demand from new residents a core support. Infrastructure upgrades, including road extensions, enhance family appeal, though local schools are only average, pushing some buyers toward private options nearby. Future growth hinges on continuing infrastructure investment and population inflow, but affordability is strained: at $610,000, median prices challenge lower-income first-timers, new development is constrained, and rate-sensitive young mortgage holders face risk if borrowing costs rise. Unit growth at 19% may also outpace rental growth, compressing yields over time.
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PropCred Estimated Value
Comparable Sales: 349 Coventry Road sold $650,000; a 4-bed Coventry Road home sold $827,100 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, build year, flood overlay status
Bedrooms
4
Bathroom
2
Parking
-
Land
1700m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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