9 Westwood Street, Davoren Park SA 5113

9 Westwood Street, Davoren Park SA 5113
3 bed 1 bath house on 500+ sqm lot|4.6% rental yield|20% growth past year|35 days avg market time|152 Offers spacious 3-bedroom 1-bathroom layout with garage parking on a generous block over 500sqm, ideal for families or investors seeking rental income. Suits first-home buyers, young families or yield-focused landlords in this affordable northern Adelaide pocket. Steady demand from renters and buyers drawn to value, with houses moving quickly at 35 days on market amid 20% annual growth. Positioned in family-heavy suburb (64% families, avg age 33, 2.5 per household), near local schools like Davoren Park Primary and Elizabeth High. Location perks include quick access to Playford Alive hubs and employment zones; drawbacks are distance from CBD and limited public transport. Strong rental demand supports 4.6% yields around $500 weekly. Growth drivers: state-wide momentum, affordability vs metro medians. Opportunities in minor renos for value-add; risks from socioeconomic mix and no major new projects nearby. Qualitative trends show sustained buyer interest without oversupply.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Playford North renewal and relative affordability keep owner-occupiers and investors focused on Davoren Park for fresh stock near Elizabeth retail and community amenities. while median houses near $570-575k rose 17-22% year-on-year with around 5% in the latest quarter, keeping rents close to $500 and yields about 4.6%, so last-six-month momentum is firmly upward. (( Renewal work and rental demand keep turnover high, yet caution is needed because median incomes sit about 40% below Greater Adelaide averages, so buyers should still stress-test servicing despite the capital gains. ((
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

707mΒ²

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