268 Petherton Road, Andrews Farm SA 5114
268 Petherton Road, Andrews Farm SA 5114
2012 3-bed 2-bath house | fixed lease to Sept 2027 | low-maintenance 320m² allotment | active rental demand | solid entry-level family/investor choice
Built in 2012, the house is positioned as standard contemporary suburban stock in Andrews Farm, but genuine practical strengths are still evident. A three-bedroom, two-bathroom layout is provided across 155 m², with a single garage with internal access, low-maintenance gardens, and modern conveniences including split-system air conditioning and a gas kitchen. Income certainty is delivered through a fixed lease to September 2027, which is an uncommon advantage for an investor. Owner-occupiers are served by a layout that works well for a small family, with a main bedroom suite at the front and built-in robes in the other bedrooms. The property is best matched to first-home buyers, downsizers, or investors seeking steady rental demand rather than prestige finishes.
Some discrepancy is shown in the land area (376 m² vs 320 m²), and this may affect price views. The fixed lease might deter an owner-occupier wanting immediate possession, but it may be seen as income certainty by investors. Value is suggested to be driven mostly by rental return and location, not architectural merit.
Detailed Independent Property Report prepared by PropCred Analyst team for 268 Petherton Road, Andrews Farm SA 5114
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
!
1
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.
PropCred Estimated Value
Comparable Sales: 280 Petherton Road sold approx $546k | Property Price Band: $500K-$600K | Value Drivers: fixed lease, land size, practical layout
Bedrooms
3
Bathroom
2
Parking
1
Land
320m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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