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1/72 Military Road, Tennyson SA 5022
1/72 Military Road, Tennyson SA 5022
This 2-bedroom, 1-bathroom apartment / unit with 2 car spaces is positioned in Tennyson SA. The property is ideal for low-maintenance living with convenient access to local amenities.
Market Insight:
Scarce coastal parcels near Henley Beach keep demand elevated as professionals and downsizers chase trophy homes backed by household incomes well above the Adelaide average, so stock turns quickly once listed. Investors rely on solid rental growth but the relatively low yield and a pipeline of approvals equal to roughly 25% of existing dwellings make future returns a risk and a moderating factor for near-term capital appreciation. The last six months mirror the 12-month lift – houses roughly 48% higher and units near 20% – so the recent trajectory remains up even if buyer inquiries have eased a touch.
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