4/216 Anzac Highway, Plympton SA 5038

4/216 Anzac Highway, Plympton SA 5038
2 bed, 1 bath, 1 car | 1969 walk-up | Urban Corridor | compact mid-century | main-road convenience This unit offers a genuinely practical configuration for a first-home buyer or investor seeking low-maintenance city-fringe living. The 1969 build is part of a well-established complex with landscaped grounds, and the open-plan layout with an updated kitchen and bathroom means the heavy lifting on finishes is already done. It sits on Anzac Highway, which puts the CBD, Glenelg, and public transport within easy reach, making it a strong option for commuters or downsizers who want convenience without upkeep. The compact footprint is typical of corridor apartment stock, but the secure parking and private outdoor space add everyday usability that smaller units often lack. This property serves best as a reliable, rentable, lock-up-and-leave home rather than a family house. The main-road position may bring traffic noise and less privacy than a side-street property, which could temper price growth compared to quieter pockets. The unit’s value might also be influenced by its floor level, aspect, and the quality of recent renovations—these factors can vary noticeably within the same complex. Buyers should weigh the trade-off between corridor accessibility and the more subdued demand from owner-occupiers who prefer internal streets. The strata structure means shared responsibility for common areas, so reviewing the sinking fund and management arrangements may be worthwhile. That said, the established building and updated interiors reduce the risk of immediate outlays, and the rental appeal is solid given the location.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4/216 Anzac Highway, Plympton SA 5038
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✓
Execution Risk ✕ 2
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Market Insight

Plympton sits on Adelaide’s inner-south corridor, anchored by Anzac Highway and Marion Road commercial hubs. Demand is driven by rapid turnover—59 houses and 90 units sold in the past year—and strong momentum, with house prices up 23.2% and units up 33.8% annually. The median house price is $1.17 million; units average $580,500. Houses sell in 27 days, reflecting tight supply, with only seven listings currently. Rental yields are modest—2.9% for houses, 4.2% for units—and house rents fell 2.9%, signalling landlord caution. Future growth hinges on infrastructure and scarce stock, but high entry prices, rate sensitivity, and low house yields constrain upside.
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PropCred Estimated Value

Comparable Sales: 4/360 Anzac Hwy sold $230k in 2021; 6/197–201 Anzac Hwy listed $440k–$480k | Property Price Band: $350k–$450k | Value Drivers: renovated condition, layout efficiency, and proximity to transport and amenities

Bedrooms

2

Bathroom

1

Parking

1

Land

67m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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