27 North Parade, Kingswood SA 5062
27 North Parade, Kingswood SA 5062
Detached house on 520m² | 1965 build with substantial 239m² footprint | Unley High catchment | mixed North Parade streetscape
The house is positioned on a full 520m² allotment with a 239m² footprint, a configuration that is rare within a suburb of mixed housing types. The large footprint is seen as genuine family volume without immediate additions, and the land is considered substantial enough for outdoor space in an established inner-southern location. Schooling is anchored by the Unley High School catchment, which broadens buyer appeal. This property is best suited to family buyers seeking immediate space and school access, and to professionals wanting a landed house close to the city. The house’s 1965 construction is consistent with the street’s established character, so it fits the setting rather than standing out.
The footprint-to-land balance may be weighed by buyers. At 46% coverage, outdoor room is provided but expansion scope is limited. The 1965 build may be found with older services, affecting negotiation. Renovation quality is the key unknown. A fresh interior may be preferred by families, while a dated one could narrow the pool. Mixed streetscape may moderate the ceiling.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 North Parade, Kingswood SA 5062
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
This suburb presents a tightly held family market. Professionals dominate buyer demand, supported by school catchments and a 69% family share. Median house prices range from $1.4m to $1.8m; annual growth varies by source from flat to 15.4%, with one measure down 9.7% over the year. Monthly buyer enquiries reach 357, while for-sale stock averages just two properties, forcing houses to transact in 35–76 days. Rental yields are low at 2.3–2.4%, reflecting price levels. Vacancy remains below 0.6%, reinforcing supply constraints. With only about 30 sales per year, turnover is thin. Future momentum hinges on continued buyer interest, but affordability, rate sensitivity, and an ageing population temper upside.
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PropCred Estimated Value
Comparable Sales: 2/4 Arnold Street unit sold $810,000; 28 North Parade house sold May 2025 | Property Price Band: $1.2M to $1.3M | Value Drivers: substantial 239m² footprint, 520m² land, Unley High catchment
Bedrooms
3
Bathroom
1
Parking
-
Land
520m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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