13 Third Avenue, Sefton Park SA 5083
13 Third Avenue, Sefton Park SA 5083
1925 house | 652m² land | 4-car capacity | pool and solar | Prospect council
This is a genuinely substantial family home in a tightly held inner-north pocket. The 336m² building footprint is far larger than most of the older cottage stock that dominates Sefton Park, and the combination of four bedrooms, two bathrooms, and four car spaces gives it a practical edge for households that need room to spread out. The pool and solar panels add everyday liveability without pushing the property into luxury territory. It sits on a flat, regular 652m² allotment with no overlay constraints, which means the house itself is the main event rather than the development potential. The buyer this suits best is a family or an established home owner who wants a ready-to-use property close to Prospect Road, the shopping centres, and the city, without taking on a renovation project.
The main value considerations here are the age of the build and the condition of the finishes, which are not confirmed. A 1925 house of this size may carry original features that appeal to some buyers, but it may also require updating in kitchens, bathrooms, or services depending on what has been done over the years. The 52% building coverage is high, so there is limited room for significant extension without council involvement. The prior sale record around $1.25m and the street-level activity on Third Avenue suggest the market has already tested this price range, but the larger footprint and four-car capacity may justify a premium over smaller neighbouring homes. Rental demand appears solid given the $870 per week estimate, which may support an investor buyer as well.
|| Comparable Sales: 5 & 5A Third Avenue sold at $1,000,500; 12 Third Avenue sold at $890,000 | Property Price Band: $1.2M–$1.3M | Value Drivers: large 336m² building footprint, four-car parking capacity, pool and solar as lifestyle additions
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Third Avenue, Sefton Park SA 5083
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
Market Insight
This suburb is positioned as an established, high-income enclave with a growing, professional demographic. Demand is driven by affluent households seeking family-oriented homes, supported by strong household incomes and high educational attainment. Recent price growth reflects a stable, low-supply market with competitive sales conditions. Future growth is underpinned by demographic momentum, though its premium positioning introduces sensitivity to broader economic affordability pressures.
PropCred Estimated Value
Comparable Sales: 5 & 5A Third Avenue sold at $1,000,500; 12 Third Avenue sold at $890,000 | Property Price Band: $1.2M–$1.3M | Value Drivers: large 336m² building footprint, four-car parking capacity, pool and solar as lifestyle additions
Bedrooms
4
Bathroom
2
Parking
3
Land
652m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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