3A Wilpena Avenue, Klemzig SA 5087

3A Wilpena Avenue, Klemzig SA 5087
3-bed house on 362m² block | Established Klemzig locale | Adjacent comparable sale | Internal area variance noted This property presents a competitively configured family home on a manageable block in an established suburb. The three-bedroom, two-bathroom layout with dual car spaces aligns with core buyer demand for low-maintenance, functional living. It serves owner-occupiers seeking entry into the area or investors targeting stable rental demographics, given its standard offering. The variance in reported internal area necessitates verification, but the floorplan typology remains a reliable product. Your decision hinges on validating the 2015 adjacent sale as a current benchmark, a significant data gap that obscures precise valuation. This lack of recent comparables is a material risk, potentially costing you in overcapitalisation. The opportunity lies in securing a turnkey house at a price that factors in this informational uncertainty. Acquire only with a contemporary valuation; this property is a hold for long-term land value accrual or steady rental income, not short-term gain. A directly adjacent property at 3 Wilpena Avenue sold for $549,000 in April 2015. This nine-year-old sale provides a historical anchor but cannot reflect current market conditions without adjustment. It confirms the street’s appeal for similar housing stock, yet underscores the critical need for an updated appraisal to gauge any capital growth and establish a credible offer price today.

Market Insight:

Klemzig is a well-established suburb attracting both owner-occupiers and investors, supported by its transport links and family-friendly amenities. Demand is driven by strong capital growth and solid rental yields, with a tight rental market underpinning investor appeal. The market demonstrates robust price appreciation, though affordability pressures are emerging as a key constraint. Future growth will be supported by sustained demand, yet sensitivity to interest rates and limited stock availability present ongoing considerations for buyers.

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

362m²

Built

Recent Assessments