112/9 Paxtons Walk, Adelaide SA 5000
112/9 Paxtons Walk, Adelaide SA 5000
2 bed / 1 bath / 1 car | 2007 build in Palais complex | ~75 m² inner-city apartment | no overlay risk | strong CBD rental demand
This apartment holds a genuinely useful position in Adelaide’s CBD stock. It is a compact but workable two-bedroom format with secure parking, which places it above the many one-bedroom units in the same building and gives it a broader appeal to both owner-occupiers and investors. The 2007 construction means modern finishes, air conditioning, and secure entry throughout, so there is no heritage constraint or renovation burden. At roughly 75 m², it is larger than typical entry-level stock, and the absence of bushfire, flood, or heritage overlays simplifies the purchase and future resale. This suits a buyer wanting low-maintenance city living with rental flexibility, or an investor chasing consistent tenant demand from professionals and university-linked renters.
What may affect value most is the lack of confirmed detail on floor level and aspect, which can shift apartment pricing meaningfully in a complex like this. A lower floor with a courtyard outlook may trade differently to an upper level with city views, and no private balcony in some units could reduce appeal for certain buyers. Strata levies in this complex have been substantial historically, so current outgoings should be weighed carefully against the rental return. The estimated rent of around $615 per week suggests solid income potential, but the final price will hinge on how the unit presents internally and whether parking access is convenient.
|| Comparable Sales: 424/9 Paxtons Walk 2 bed sold $495,000; 305/9 Paxtons Walk 1 bed sold $372,000 | Property Price Band: $500,000–$600,000 | Value Drivers: internal condition, floor level and aspect, parking convenience
Detailed Independent Property Report prepared by PropCred Analyst team for 112/9 Paxtons Walk, Adelaide SA 5000
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Adelaide’s market is defined by exceptionally tight supply, creating a competitive environment that is driving strong price growth across both houses and units. Demand is underpinned by a diversified local economy and relative affordability compared to eastern capitals, attracting both active buyers and new entrants. This supply-demand imbalance, coupled with improving borrowing conditions, supports sustained upward momentum. However, sharply rising entry prices present a significant constraint for first home buyers, while limited new listings and construction timelines continue to pressure overall market activity.
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PropCred Estimated Value
Comparable Sales: 424/9 Paxtons Walk 2 bed sold $495,000; 305/9 Paxtons Walk 1 bed sold $372,000 | Property Price Band: $500,000–$600,000 | Value Drivers: internal condition, floor level and aspect, parking convenience
Bedrooms
2
Bathroom
1
Parking
1
Land
75m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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