13 Grove Street Parafield Gardens SA 5107

13 Grove Street Parafield Gardens SA 5107
Large family home in Parafield Gardens | 2009 build on 510sqm | 4 bed, 2 bath, 305sqm internal | Master suite with spa & balcony | Resort-style pool & 7kW solar This property presents a competitively strong offering for a family seeking substantial space and modern comfort within the Salisbury council area. Its grand proportions and generous design, including a master suite with private balcony and ensuite spa, position it as one of the largest homes in the locality. The combination of ducted climate control, a solar system, and resort-style outdoor amenities delivers a ready-made lifestyle package that is rare in typical suburb stock. Proceed with the understanding that the internal floor area is inconsistently reported, requiring verification, and that a lack of recent comparable sales data obscures precise market positioning. The decision hinges on confirming the property’s valuation against genuine local sales, as its size premium must be justified. Secure this house for long-term family occupation, leveraging its ample living areas and recreational features. A PropCred report will establish its real market valuation and detail locality risks, essential for an informed purchase.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Parafield Gardens is a family-dominated northern Adelaide suburb with strong demand from mortgaged owners, comprising 39% of households. This demographic, with 50% couples with children, drives a competitive detached house market, evidenced by median prices of $708k-$795k and robust annual growth of 11.6%-24.1%. Houses sell in approximately 32 days, with rental yields at 3.8% and weekly rents rising 12%. Future growth is underpinned by high family population growth, though affordability constraints and interest rate sensitivity for mortgaged owners present key risks.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

510mΒ²

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