14A Gladstone Street, Adelaide SA 5000

14A Gladstone Street, Adelaide SA 5000
3 bed 2 bath lane-access cottage | City fringe heritage rework | School catchment pull | $920/wk rental signal | Compact land What stands out here is the combination of preserved bluestone character with a genuinely functional modern layout. Most original row cottages in this pocket remain single-level with one bathroom and no off-street parking. This one has been reconfigured across two levels, adding a second bathroom, built-in robes, and ducted air conditioning, while the rear lane carport solves the parking problem that typically limits these properties. The school catchment access to Gilles Street Primary and Adelaide High adds a practical layer of demand that pure lifestyle buyers may not prioritise but families certainly will. It suits professionals, downsizers, and investors who want inner-city character without the compromises that usually come with it. The compact land size and heritage overlay will cap how much further the property can be extended, so the value sits in what has already been delivered rather than future potential. The upper-level bedroom zone accessed via a spiral staircase may not suit every buyer, particularly older downsizers or families with young children, which could narrow the buyer pool slightly. Rental demand appears strong given the listed weekly rent, and the broader street context shows renovated three-bedroom stock trading comfortably above unrenovated comparables. The final price may hinge on how much weight buyers place on the school catchment versus the tight footprint and stair access. || Comparable Sales: renovated 3/2/1 on Gladstone Street sold around $1.01M; smaller 2/1 row house nearby estimated near $900K | Property Price Band: $1.0M–$1.1M | Value Drivers: two-bathroom layout, lane-access parking, school catchment position
Detailed Independent Property Report prepared  by PropCred Analyst team for 14A Gladstone Street, Adelaide SA 5000
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Adelaide’s market is defined by exceptionally tight supply, creating a competitive environment that is driving strong price growth across both houses and units. Demand is underpinned by a diversified local economy and relative affordability compared to eastern capitals, attracting both active buyers and new entrants. This supply-demand imbalance, coupled with improving borrowing conditions, supports sustained upward momentum. However, sharply rising entry prices present a significant constraint for first home buyers, while limited new listings and construction timelines continue to pressure overall market activity.
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PropCred Estimated Value

Comparable Sales: renovated 3/2/1 on Gladstone Street sold around $1.01M; smaller 2/1 row house nearby estimated near $900K | Property Price Band: $1.0M–$1.1M | Value Drivers: two-bathroom layout, lane-access parking, school catchment position

Bedrooms

3

Bathroom

2

Parking

1

Land

105m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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