11 Mildera Cres, Craigmore SA 5114
11 Mildera Cres, Craigmore SA 5114
11 Mildera Cres, Craigmore, is a 3-bedroom, 2-bathroom single-storey house built in 1986 on a 698 m² rectangular lot with 3 parking spaces including a garage. It is a solid mid-80s build on a slightly larger block than typical for the street.
This property holds a competitive edge through its two-bathroom layout and generous parking capacity, which are less common in the area and directly support family living. The 698 m² lot offers more outdoor space than is standard, providing a practical advantage for buyers seeking room to grow without moving to a larger suburb. Positioned in an established outer-north neighbourhood with consistent single-storey housing, it suits first-home buyers and families wanting a functional, low-key home with good bones. The configuration is a modest upgrade over earlier builds, making it a sensible choice for those prioritising space and convenience over modern finishes.
The 1986 build age may require attention to systems and structure, as original elements like roofing, plumbing, and insulation could need updating. The lack of documented interior upgrades or energy efficiency ratings means the property might carry hidden costs for a buyer seeking move-in readiness. Parking and land size are strong, but the outer-north location may limit capital growth compared to inner suburbs. A buyer should weigh the potential for renovation against the price, as the land value is the primary driver, while the house itself may not command a premium without improvements.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Mildera Cres, Craigmore SA 5114
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✕
2
Execution Risk
!
1
Market Insight
Craigmore is a family-oriented suburb with a stable, established demographic, where demand is primarily driven by owner-occupiers, particularly families. This has supported robust recent price growth and a competitive sales environment with properties transacting efficiently. Future performance will be influenced by continued household income growth, though a high proportion of mortgaged owners indicates sensitivity to economic conditions.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
698m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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