15 Rushworth Street, Blair Athol SA 5084
15 Rushworth Street, Blair Athol SA 5084
Compact 3-bed house on 341m² | Blair Athol infill-style block | Strong inner-north demand | Smaller land but functional layout | Suits first-timers or investors
This property’s main competitive edge is its size-efficient footprint on a manageable 341m² block, which positions it well for buyers seeking a low-maintenance house without sacrificing three bedrooms. In Blair Athol, where much of the older stock sits on larger allotments, this house offers a more contemporary, easier-to-care-for alternative that appeals strongly to first-home buyers, young families, and investors alike. The three-car accommodation is a genuine rarity for a property of this scale, adding practical value for households with multiple vehicles or trailers. Its inner-north location, close to retail strips and arterial roads, reinforces its appeal as a convenient, city-fringe option in a suburb that is steadily transitioning with newer infill product.
The value picture may hinge on the property’s condition and renovation level, which are not confirmed. If the house has been recently updated, it could command a premium given the demand for move-in-ready stock in this corridor. Conversely, if it retains original finishes, the land size may limit upside compared to larger blocks nearby. The 341m² footprint might constrain future extension options, so buyers should weigh whether the current layout meets their needs long-term. Rental appeal appears solid, with comparable three-bedroom houses in the suburb achieving weekly rents in the mid-to-high $500s, though this depends heavily on presentation.
|| Comparable Sales: 6 The Crescent sold $865,000 in 2022; 52 The Crescent sold $535,000 in 2018 | Property Price Band: $700,000–$800,000 | Value Drivers: land size, condition, parking configuration
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Rushworth Street, Blair Athol SA 5084
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Blair Athol sits on Adelaide’s northern fringe along Main North Road, a tight market defined by young professionals, technicians and trades workers; 31% of residents are aged 20–34, 45% rent and 46% of households are couples with children. House prices range from $826,500 to $865,000, with annual growth between 6.1% and 17.5%, though a quarterly decline of 4.45% signals softening. Rental demand is solid: median house rent is $650 weekly, rising 8.3%, with 122 house sales in the past year. Units are a constraint, with fewer than five sales and negative annual growth, while house yields sit near 3.5–3.7%. Mortgage stress is elevated — 57% of owners carry debt and household income is 5.7% below the Greater Adelaide average — limiting future price gains.
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PropCred Estimated Value
Comparable Sales: 6 The Crescent sold $865,000 in 2022; 52 The Crescent sold $535,000 in 2018 | Property Price Band: $700,000–$800,000 | Value Drivers: land size, condition, parking configuration
Bedrooms
3
Bathroom
1
Parking
3
Land
341m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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