95 Avenue Road, Clarence Gardens SA 5039
95 Avenue Road, Clarence Gardens SA 5039
Detached house on large block | established inner-south street | family buyer demand | strong rental growth | flood overlay to check
A house on a large suburban block in Clarence Gardens is increasingly scarce in Adelaide’s inner south, where older allotments have been gradually subdivided. The established street is valued for its family-friendly character, and the generous land area is seen as the property’s primary strength. This house is best suited to owner-occupiers wanting a long-term family base, or renovators who are prepared to update an older home. The combination of room, location, and redevelopment potential is rarely found in this part of the city, making it a compelling option for buyers who place more weight on land than on turnkey presentation.
Value may be materially affected by flood overlay status, which can influence insurance costs and future extension options. The condition and layout of the existing house are likely to be weighed against the cost of renovation, and the block’s subdivision or second-dwelling potential is dependent on current zoning controls. Recent market momentum has been strong, but low sales volumes mean the final price might be set by a narrow buyer pool. These factors should be considered when forming a view on the property’s worth.
Detailed Independent Property Report prepared by PropCred Analyst team for 95 Avenue Road, Clarence Gardens SA 5039
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Clarence Gardens presents as a tightly held, family-oriented market. This family-centric buyer profile underpins demand for three- and four-bedroom houses, which account for the bulk of the 32 sales in the past year. The median house price sits around $1.4 million, with annual growth ranging from 10.0% to 15.0% depending on the data series; units are markedly cheaper at a median of $583,967, having risen 15%. Houses take an average of 44 days to sell, though three-bedroom homes move in 59 days and four-bedroom in 70, indicating a selective buyer base. Rental metrics confirm a scarcity of stock: vacancy is 0.42%, median house rent is $630–$650 weekly, and gross yields are thin at 2.5–3.0%, reflecting strong capital-growth expectations rather than income returns.
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PropCred Estimated Value
Comparable Sales: 4 Clovelly Avenue sold $1.21M; 4 Neville Avenue sold $1.09M | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, condition, flood status
Bedrooms
3
Bathroom
1
Parking
2
Land
715m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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