16 Edith Street, Findon SA 5023
16 Edith Street, Findon SA 5023
Compact modern house | quiet Findon street | strong rental appeal | low-maintenance living | mixed older and newer stock
This property likely suits buyers wanting a lock-and-leave home without compromising on space or position. Findon’s newer infill product tends to offer practical single-level layouts, decent courtyard space, and modern finishes like ducted air conditioning and secure parking. If this house follows that pattern, it competes well against older stock on larger blocks, especially for first-home buyers, downsizers, or investors seeking reliable rental demand. The street itself shows a blend of established homes and newer replacements, which adds variety without disrupting the area’s settled character. Its proximity to city and coast corridors strengthens appeal for owner-occupiers who value convenience.
Value may hinge on how the house compares to similar infill builds nearby. Land size, build quality, and internal dimensions could push it toward the higher or lower end of expectations. A newer build with good presentation and efficient layout might justify a premium, while dated finishes or a smaller footprint could temper interest. Rental returns appear healthy for this product type, which may support investor demand. Buyers should weigh whether the property offers enough differentiation from other recent builds in the suburb, as that often determines how quickly it moves and what someone will pay.
|| Comparable Sales: 55A Crittenden Road sold around $700k–$800k; 10 Edith Street listed near $695k–$725k | Property Price Band: $700K–$800K | Value Drivers: build age, land size, layout efficiency, presentation quality
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Edith Street, Findon SA 5023
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Findon, an established mid-market Adelaide suburb, is seeing steady demand from owner-occupiers and investors drawn to houses priced near $975,000–$980,000 and units around $640,000. The median house value rose 10.4% over the past year, with annual growth ranging from 7.56% to 12.72% across different measurement periods. Units have been weaker, with growth between 0.9% and 6.22%, though gross yields favour them at 4.74% versus 3.63% for houses. Market conditions remain firm: houses sell in roughly 35–60 days, and annual sales volume of 106–130 dwellings confirms active turnover. Supply is constrained, with only seven listings last month, which should underpin values. The key risk is rate sensitivity among buyers already stretching into the high-$900,000s, which could slow price appreciation. Overall, the suburb offers moderate growth with tightening inventory.
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PropCred Estimated Value
Comparable Sales: 55A Crittenden Road sold around $700k–$800k; 10 Edith Street listed near $695k–$725k | Property Price Band: $700K–$800K | Value Drivers: build age, land size, layout efficiency, presentation quality
Bedrooms
2
Bathroom
2
Parking
1
Land
83m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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