166 Peachey Road, Davoren Park SA 5113
166 Peachey Road, Davoren Park SA 5113
1965 build on 669m² | 3-bed, 1-bath family house | three car spaces | strong rental demand at $530/week | priced above recent street sales
This house offers a rare combination of generous land and practical parking, which sets it apart from much of the older stock in Davoren Park. The 669m² allotment suits families or buyers wanting outdoor space, while the three car spaces—two under carport and one in a garage—add genuine utility for tradespeople, multiple-vehicle households, or those needing storage. Built in 1965, it reflects the established suburban character of the area, and the absence of bushfire, flood, or heritage constraints simplifies due diligence. The estimated rent of $530/week signals solid investor interest, but the property is best suited to owner-occupiers who value space and parking over modern finishes. It competes well in a suburb where many similar houses offer less land or fewer parking options, making this a practical, functional choice rather than a polished one.
The asking range sits above recent street sales for comparable three-bedroom houses, which may reflect the larger land size and superior parking configuration. The 1965 build likely means original or dated interiors, so renovation costs could narrow the gap between asking and market value. Buyers should weigh the potential to add value through kitchen or bathroom updates against the premium being sought. Rental yield against the asking price may be moderate, so investment-focused buyers might find the entry point less compelling than owner-occupiers seeking long-term utility.
Detailed Independent Property Report prepared by PropCred Analyst team for 166 Peachey Road, Davoren Park SA 5113
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Davoren Park, in Adelaide’s northern fringe, is seeing buyer demand led by owner-occupiers and first-home buyers, with 59% of households holding mortgages and a family-dominated profile. Prices have jumped 20% annually to a $570,000 median, supported by 191 house sales in 12 months and a quick 35-day selling period. Rental demand remains firm, with house yields near 4.63% and median rents around $500 weekly. Future growth hinges on affordability relative to Greater Adelaide, evidenced by lower local incomes, and on sustained low-rate conditions given high mortgage exposure. Key constraints include tight supply—only one unit sale against the house tally—and the risk that price growth outpaces local earning capacity, which could cool transaction volumes. School and transport options are standard for the Playford region, with public services adequate but not differentiating. The suburb’s momentum is real, but it is rate-sensitive and reliant on continued buyer appetite for value in northern Adelaide.
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PropCred Estimated Value
Comparable Sales: 71 Peachey Road sold $605k; 70 Peachey Road sold $630k | Property Price Band: $600K–$700K | Value Drivers: land size, parking capacity, condition and renovation potential
Bedrooms
3
Bathroom
1
Parking
3
Land
669m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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