1D Parslow Road, Marion SA 5043
1D Parslow Road, Marion SA 5043
Modern single-level townhouse | quiet pocket near oval & shopping | low-maintenance with courtyard | 3 bed 2 bath 2 car
This property presents a competitively strong, low-maintenance housing solution in a quiet yet convenient location. Its modern single-level layout, two bathrooms, and secure parking serve a professional or downsizing buyer seeking ease without compromise. The sunny aspect and Vergola-covered patio extend living space, positioning it as a rare turnkey offering in its segment.
The primary decision risk is the identified flood overlay, which necessitates immediate due diligence on insurance costs and potential future resale impacts. The lot size is modest, limiting expansion, but this reinforces its low-maintenance appeal. Acquire as a long-term hold for owner-occupation, leveraging its rental-ready features if needed. A Propcred report would specifically clarify the flood risk cost, validate the local sales evidence, and provide the necessary locality checks for an informed purchase.
Nearby comparable sale: 9 Parslow Road, a 3 bed, 1 bath house on a larger 371mΒ² lot, has an estimated value of $1,041,000. This suggests the subject property’s higher bathroom count and modern presentation justify its aligned price point, despite its smaller land component.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Marion presents as a stable, established suburb with a professional demographic underpinning its housing market. Demand is driven by young professionals and families, reflected in consistent sales activity and a brisk pace for family homes. Recent price trends show solid, sustained capital growth, indicating a healthy and competitive market. Future performance will hinge on the suburb’s appeal to its core demographic, though limited data on new supply or affordability pressures suggests monitoring these factors is prudent for prospective buyers.