1 Angas Road, Magill SA 5072

1 Angas Road, Magill SA 5072
3-bed family house | 1 bath / 2 car | established eastern-suburb setting | strong rental demand | Magill school catchment This house presents as a practical, established family home in a well-regarded eastern suburb. Its three-bedroom, one-bathroom, two-car configuration is a compact but functional layout that appeals to owner-occupiers seeking a low-maintenance start in a family-oriented street. The property is positioned within a neighbourhood known for school catchments, local parks, and proximity to the University of South Australia campus, which broadens the buyer pool to include professionals and educators. The street itself carries a mix of older homes and more substantial renovated properties, giving this house a genuine place in the local market. It is best suited to buyers who value location and a clear, straightforward floor plan over expansive interior space. The property’s value may be most influenced by the extent of any recent updating and the actual land dimension, which is not yet confirmed. A single bathroom might narrow the buyer pool compared with newer two-bathroom homes, while the absence of confirmed outdoor living space could moderate the price for some purchasers. Conversely, a well-presented interior and a functional layout could offset these constraints in a street where demand remains steady.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1 Angas Road, Magill SA 5072
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✓
Execution Risk ✓
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Market Insight

Magill, an eastern Adelaide suburb, is positioned as a tightly held, established market where houses trade between $1.189M and $1.317M and units sit at $645,000–$715,000. Demand is led by a young 20–39 cohort, underpinned by South Australia’s strong population growth and internal migration, drawn to relatively better affordability against other capitals. House prices have risen 7.12–7.62% annually, with units climbing 17.99%, moving fast at 41–58 days on market. Sales volume remains moderate at 128–151 houses annually, reflecting constrained supply. Rental demand is firm: houses return $680–$830 weekly and units $530, with gross yields of 3.02% for houses and 4.23% for units. Future growth relies on persistent housing shortfalls and affordability advantages, but buyer capacity is stretched. Rate sensitivity, a cooling geopolitical environment, and higher property taxes dampen investor appetite and pose the primary risks to sustained momentum.
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PropCred Estimated Value

Comparable Sales: 12 Angas Road sold $645,000; 3/508 Magill Road sold $740,000 | Property Price Band: $700k-$800k | Value Drivers: condition, land size, presentation

Bedrooms

3

Bathroom

1

Parking

2

Land

305m²

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