11 Henley Beach Road, Mile End SA 5031
11 Henley Beach Road, Mile End SA 5031
3 beds, 1 bath, 1999 townhouse | 173m² land, 145m² internal | 2 minutes to CBD, 15 minutes to beach | Secure carport, private courtyard
This townhouse offers a rare configuration for its price point: a full three-bedroom floorplan on a compact 173m² title with 145m² of internal space, placing it well above the typical unit or apartment offering in Mile End. The 1999 build means modern construction standards without the premium of a new development, and the private courtyard with sliding doors gives the property a house-like feel that appeals to owner-occupiers seeking a low-maintenance inner-city base. It is best suited to a professional couple or small family wanting immediate proximity to the CBD without compromising on a separate carport and outdoor space, a combination that is increasingly scarce in this corridor.
The single bathroom is the primary functional constraint, limiting appeal to families or share-house buyers and capping rental yield potential at the $620 per week estimate. No bushfire, flood, or heritage overlays reduce insurance and renovation risk, but the land size precludes significant future subdivision. The buyer should treat this as a hold-and-occupy proposition rather than a short-term flip; the location and build quality support stable capital growth, but the value lies in its liveability and scarcity of three-bedroom townhouses near the city, not in speculative upside.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Henley Beach Road, Mile End SA 5031
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Mile End is a tightly held, high-demand suburb positioned as a premium inner-city enclave. Demand is driven by young professionals seeking proximity to the CBD and major transport links, reflected in rapid sales and low stock levels. The market exhibits exceptionally strong price growth across both houses and units, with competitive conditions and properties transacting quickly. Future growth is underpinned by its constrained supply and desirability, though key risks include affordability pressures from high entry prices and sensitivity to interest rate changes impacting its core buyer demographic.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
173m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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