101B Lascelles Avenue, Warradale SA 5046
101B Lascelles Avenue, Warradale SA 5046
Rear-loaded unit on a subdivided block | compact land footprint | strong coastal-fringe demand | best suited to low-maintenance buyers | Brighton school catchment proximity
This property sits in a pocket of Warradale where older detached homes are steadily giving way to well-planned infill development. As a rear dwelling, it offers the kind of low-maintenance living that downsizers and first-home buyers actively seek, without sacrificing the established suburban feel of the street. The configuration is likely to appeal most to those prioritising convenience and lock-and-leave practicality over expansive outdoor space. Its position within the Brighton school catchment adds genuine family appeal, and the surrounding streets show a healthy mix of renovated period homes and newer builds, which supports solid long-term demand.
The compact land area is the main factor that may shape how this property is priced relative to full-frontage houses nearby. Buyers should weigh the trade-off between a smaller footprint and the benefit of reduced upkeep, which often commands a premium in this market. The rear position may also mean less street presence and potentially reduced natural light or privacy, depending on how the dwelling is oriented. Condition and finish level will matter considerably here, as will the quality of outdoor space and any off-street parking provision.
|| Comparable Sales: 103B Lascelles Avenue sold off-market around $911,000; 104 Lascelles Avenue sold at $840,000 | Property Price Band: $850,000–$950,000 | Value Drivers: internal condition, layout efficiency, outdoor space quality
Detailed Independent Property Report prepared by PropCred Analyst team for 101B Lascelles Avenue, Warradale SA 5046
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Warradale, in Adelaide’s Marion area, is a tightly held market driven by professionals, older buyers and childless couples: 38% of residents are purchasers, 33% are over 55 and 41% are couple-only households. House prices have jumped 24.5% over the past year to a $1.068m median, with 3-bed homes at $1.065m and 4-bed at $1.25m. Units are more accessible at $680,000 for 2-bed. Sales are brisk—61 to 105 houses annually—and stock is tight, down 22.7% year-on-year, with houses averaging 36 days on market. Low vacancy (0.82%), a 3.5% rental yield and $650 weekly house rents underpin investor interest. Future growth relies on continued supply constraints and stable demand, but affordability is stretched across a $600k–$2.2m price range, leaving the market exposed to rate sensitivity after such rapid appreciation.
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PropCred Estimated Value
Comparable Sales: 103B Lascelles Avenue sold off-market around $911,000; 104 Lascelles Avenue sold at $840,000 | Property Price Band: $850,000–$950,000 | Value Drivers: internal condition, layout efficiency, outdoor space quality
Bedrooms
3
Bathroom
2
Parking
2
Land
182m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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