11/205-207 Anzac Highway, Plympton SA 5038

11/205-207 Anzac Highway, Plympton SA 5038
1-bed apartment | 2nd floor, exposed brick | Anzac Highway complex | last sold 2000 This unit presents a clean, functional base in a high-density corridor, suited for a minimalist entry or investment. Its exposed brick and timber floors offer character uncommon in basic stock, appealing to buyers seeking a blank canvas. The primary market is the cost-conscious occupant or investor targeting Plympton’s steady apartment demand, given the highway’s concentration of similar units. Its recent listing and brief time on market suggest competitively priced accessibility. Consider the inherent constraints of a strata-titled unit on a major arterial road, which may impact capital growth and limit buyer appeal upon resale. The 2000 resale date indicates long-held ownership, potentially masking underlying maintenance costs. The opportunity lies in leveraging its condition as a low-hold-cost proposition; enhance it selectively to outperform nearby comparables like 11/245 Anzac Highway. Acquire only if your strategy prioritizes immediate entry over premium appreciation, and plan to hold through market cycles. Recent comparable sales data is limited. One nearby benchmark is 11/245 Anzac Highway, a 1-bed, 1-bath apartment with an estimated value of $285,000. This suggests the subject property operates within a defined, accessible price segment for Plympton’s apartment market. The absence of robust recent sales underscores the importance of a precise, current valuation to anchor your offer.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Plympton is a high-demand, established suburb with a median house price of $1.17 million, anchored by strong road access. Demand is driven by high sales volumes, with 98 houses sold in the preceding year, and exceptional annual growth rates of up to 23.2% for houses. The market is tight with houses selling in a median of 27 days and limited current listings. Future growth is supported by this strong momentum, though key risks include high entry prices and low rental yields of 2.9% for houses.

PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

45m²

Built

Recent Assessments