1/21 Thomson Cres, North Haven SA 5018
1/21 Thomson Cres, North Haven SA 5018
This is a ground-level 2-bedroom, 1-bathroom unit from 1976 with 48m² of internal space on a 251m² corner allotment. It offers three car spaces and has been updated, with a private courtyard in an enclave of just two units.
What is competitively strong here is the combination of a generous corner lot and rare triple parking for a unit this size. The private courtyard and exclusive enclave create a sense of separation rarely found in older multi-unit developments. It sits in a modest coastal suburb where smaller homes on larger land parcels are uncommon, so this property appeals directly to down-sizers or investors wanting low-maintenance living without sacrificing outdoor space or car storage. Its ground-floor access and updated finishes further reduce immediate upkeep.
The older construction date and compact 48m² floor area may limit interest from families or buyers seeking more internal space. The quality of the update and any structural condition of a 50-year-old building might affect long-term maintenance costs. While the corner allotment and parking count are definite positives, the property’s final value may depend on how the current finishes compare with similar updated units in the area. Buyers should weigh the land-to-building ratio carefully against their own space needs.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/21 Thomson Cres, North Haven SA 5018
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
North Haven presents as a mature, family-oriented coastal suburb where demand is firmly anchored by established professionals and empty-nesters, reflected in its stable demographic profile. This consistent buyer pool, seeking larger family homes, has driven sustained capital growth, with the market demonstrating resilience through measured sales activity and competitive days on market. Future performance will be supported by its established character and limited turnover, though the constrained supply of listings presents a key dynamic for both opportunity and pricing pressure.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
4
Land
251m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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