102 Woodville Road, Woodville SA 5011

New townhouse | 2022 build | Flood overlay | Below suburb median | Strong rental yield This property presents a competitively priced, modern entry into the Woodville market, best serving an investor or downsizer seeking a low-maintenance dwelling with contemporary fittings and immediate rental appeal. Its construction year ensures minimal near-term capital expenditure, while the estimated rental yield is robust against its valuation. The configuration is efficient for its target demographic, offering secure parking and solar panels which reduce holding costs. The primary risk mechanism is the flood overlay, which necessitates specific due diligence on insurance premiums and may affect long-term capital appreciation relative to unaffected properties. The lot size discrepancy noted in data requires clarification on title boundaries or body corporate arrangements. Its value position is fundamentally derived from being a newer, smaller-format dwelling in a suburb of larger, older houses, creating a distinct market segment. Acquire for hold as a rental, with the understanding that its growth trajectory will be tied more to the broader townhouse sector than the detached house median. Comparable sales data for this specific address is not detailed in the available information, with only a prior sale referenced without price. Nearby, a similar 2022-2023 townhouse at 102 Woodville Road Court sold in 2023. The lack of granular, recent sales comparables for this precise property necessitates a more conservative valuation approach, leaning heavily on its income potential and replacement cost rather than direct sales evidence.