13 Wattle Terrace, Plympton Park SA 5038

13 Wattle Terrace, Plympton Park SA 5038
447mΒ² land | 1946 build | Medium density zoning | Not on market This property presents a clear development proposition, anchored by its substantial land parcel in a medium-density residential zone. The scale of the lot relative to the existing dwelling creates immediate value through potential subdivision or rebuild, serving an investor or owner-occupier seeking to capitalise on underlying land value. The established neighbourhood and fixed construction year provide a stable, known base for financial modelling. Conflicting data on room counts and absence of recent comparable sales prevent accurate valuation, representing a material due diligence cost. Proceed only with a boundary survey and independent appraisal to resolve discrepancies. The opportunity lies in unlocking zoning potential; the decision is to acquire for land banking or redevelopment, not for its current improved state. Treat it as a vacant lot with a temporary structure.

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

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Market Insight:

Plympton Park is a tightly held, high-growth precinct within the broader Plympton corridor, characterised by strong capital appreciation for both houses and units. Demand is driven by owner-occupiers and investors, evidenced by robust sales volumes and rapid price growth. The market is active with houses transacting relatively quickly, while units offer higher rental yields. Future performance is underpinned by its established location with good road links, though entry prices are now at a premium level.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

-

Land

447mΒ²

Assessments Delivered Today

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