24 Pitcairn Avenue, Urrbrae SA 5064
24 Pitcairn Avenue, Urrbrae SA 5064
Large detached house | Premium Urrbrae pocket | Family-focused catchment | Low rental vacancy | Owner-occupier demand
This is a property for buyers who want the space and presence of a true detached family house on a substantial Urrbrae block. The suburb’s housing stock is dominated by large, established homes, which gives this property an immediate competitive edge: it sits in a low-density, leafy setting that rarely comes to market and draws steady demand from families, particularly those aiming for Highgate and Unley High school catchments. With rental vacancy below 1% and a strongly owner-occupied character, the property is best suited to a long-term buyer who expects to hold and enjoy the location rather than trade quickly. The configuration, if it mirrors the local detached pattern, likely offers multiple living zones, a study, and outdoor entertaining space — exactly what today’s premium family buyer looks for.
The exact value of this property may be shaped by its planning overlay status, with bushfire or heritage constraints potentially limiting future extensions or adding compliance cost. Its condition relative to other period homes in the area might also matter, as could the precise land size and orientation. Buyers should weigh these factors when forming a price view, and a careful check of the title and council file is worthwhile.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Pitcairn Avenue, Urrbrae SA 5064
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Market Insight
Urrbrae SA 5064 sits in Adelaide’s southern suburbs with strong connectivity via Cross Road and Mount Barker Road. Demand is driven by affluent families and older residents: 49% of households are couples with children, 35% are over 55, and 45% own outright. The median house price is $1.3225M, but has fallen 15.8% annually, with houses taking 73–80 days to sell and annual sales of only 12–20. Tight supply and high incomes underpin a stable long-term outlook, yet affordability constraints and rate sensitivity are key risks. School catchments add to buyer appeal.
PropCred Estimated Value
Comparable Sales: two Urrbrae houses sold at $1.32M and $1.65M | Property Price Band: $1.3M-$1.4M | Value Drivers: condition, land size, building layout
Bedrooms
4
Bathroom
2
Parking
3
Land
914m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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