13 Jasmine Grove, Fulham Gardens SA 5024

13 Jasmine Grove, Fulham Gardens SA 5024
3 bed on 882mยฒ | pool and single-level layout | inconsistent records need verification | family appeal in established suburb This property sits on a land parcel that is notably larger than typical for its area, which is a competitive advantage for buyers seeking space and flexibility in an established inner-west location. The single-storey 1960s house offers a substantial 230mยฒ building footprint, and the inclusion of a pool and air conditioning adds immediate lifestyle appeal. This property is best suited to a family or renovator who values a deep block and the potential to reconfigure or extend, as the lack of bushfire, flood, or heritage overlays reduces regulatory friction. The estimated rental yield of around 2.4% suggests the property is more weighted toward capital growth than income, which aligns with a buyer focused on long-term land value. The inconsistency in public records, particularly the land size varying between 882mยฒ and 308mยฒ, may introduce uncertainty for lenders or insurers, so a formal survey or title check is advisable before committing. The building age from 1960 means that older infrastructure, such as plumbing or wiring, could require attention, and the low yield may not suit an investor prioritising cash flow. The pool, while a feature, also carries ongoing maintenance costs that a buyer should factor into their holding budget. The absence of nearby comparable sales in the available data means that price formation will rely heavily on a direct inspection and professional valuation rather than recent market evidence.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 13 Jasmine Grove, Fulham Gardens SA 5024
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Market Insight:

Fulham Gardens is a family-centric suburb with a robust owner-occupier presence, underpinning its established residential appeal. Demand is driven primarily by families, supported by market activity that significantly outpaces the state average, indicating strong relative demand for houses. The market exhibits vigorous price growth, with houses appreciating steadily and units experiencing a particularly sharp uptrend. Sales volumes are healthy and properties move efficiently, reflecting a competitive environment. Future growth is linked to this sustained family demand, though the rapid unit price escalation warrants attention to affordability dynamics.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

882mยฒ

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