149 Douglas Drive, Munno Para SA 5115
149 Douglas Drive, Munno Para SA 5115
Detached family house | 3 bed 2 bath layout | Master-planned growth pocket | Strong rental demand | Modern build quality
This property sits within a well-established master-planned estate where detached houses dominate and the streetscape feels cohesive and contemporary. The configuration of three bedrooms, two bathrooms, and double garage parking suits both families and investors, with the internal layout likely to include open-plan living and an ensuite to the main bedroom. Built within the last decade, the house offers the practical appeal of low-maintenance living without sacrificing garden space, and the presence of solar on some nearby stock suggests energy efficiency may be a feature worth confirming. The location within the Playford Alive growth corridor adds long-term appeal, with shopping, schools, and the Edinburgh defence precinct close enough to support steady demand. This property serves best those seeking a modern, tenant-friendly house in a growth area with solid rental fundamentals.
The value picture may be shaped by land size variations across the street, with some allotments offering more generous frontage and depth than others. The flood overlay flagged on some nearby records could influence insurance costs and should be checked for this specific lot. Rental returns appear healthy for the area, supported by institutional tenants and consistent demand for newer detached housing. The absence of confirmed solar or upgraded finishes may position this house slightly below the top of the local range, but the overall presentation and location should hold value well in a market where modern family homes remain sought after.
|| Comparable Sales: 155 Douglas Drive sold at $121,500 land record; 64 Douglas Drive reflects similar 3/2/2 configuration | Property Price Band: $600,000–$700,000 | Value Drivers: Land size, build age, rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 149 Douglas Drive, Munno Para SA 5115
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Munno Para, in Adelaide’s northern corridor, is a young, entry-level market: population sits at 7,577, with a median age of 29, and demand is driven by first-home buyers, young families, and investors chasing rental yields above 4.5%. House prices have reached a median of $610,000 with 5.35% annual growth, while units are surging at 19.05% to a $550,000 median—signal of tightening supply. Houses clear in 28 days, and 177 sales annually indicate steady turnover. Rents of $550 weekly for houses and $500 for units underpin investor returns, with rental demand from new residents a core support. Infrastructure upgrades, including road extensions, enhance family appeal, though local schools are only average, pushing some buyers toward private options nearby. Future growth hinges on continuing infrastructure investment and population inflow, but affordability is strained: at $610,000, median prices challenge lower-income first-timers, new development is constrained, and rate-sensitive young mortgage holders face risk if borrowing costs rise. Unit growth at 19% may also outpace rental growth, compressing yields over time.
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PropCred Estimated Value
Comparable Sales: 155 Douglas Drive sold at $121,500 land record; 64 Douglas Drive reflects similar 3/2/2 configuration | Property Price Band: $600,000–$700,000 | Value Drivers: Land size, build age, rental yield potential
Bedrooms
4
Bathroom
2
Parking
2
Land
416m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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