169 Smart Road St Agnes SA 5097

169 Smart Road St Agnes SA 5097
5-bed family home on 690mΒ² | 1980 build with modern updates | multiple living zones & flexible floorplan | prime school catchment proximity | solid rental yield signals This property presents a competitively strong proposition for a growing family seeking space and location. Its five-bedroom configuration on a large block is rare against typical three-to-four bedroom stock in St Agnes, providing immediate functional advantage. The flexible floorplan and multiple living zones cater directly to family life, while proximity to Ardtornish Primary School anchors its desirability. Modern updates to the kitchen and bathroom, alongside ducted cooling and solar panels, position it as a comfortable, low-maintenance holding. The decision hinges on paying for its 2023 appreciation, as the vendor seeks a premium after a rapid value increase. The absence of noted hazard overlays mitigates some locality risk, while the demonstrated rental demand supports a sound investment logic. Proceed with an offer aligned to the lower estimated current value, leveraging its configuration edge. Our tailored report would pressure-test this valuation with precise comparable sales and verify all locality and insurance considerations. Recent comparable sales data provides essential context. The property itself last sold for $750,000 in June 2023, then listed as a four-bedroom home. This substantial increase in the current asking price reflects both the added bedroom and strong market movements, requiring careful validation against other recent sales on Smart Road to justify the premium.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

St Agnes presents as a well-established, mature suburb with a stable owner-occupier base. Demand is underpinned by this established demographic, with strong recent price growth and tight rental conditions evidenced by a very low vacancy rate. The market has demonstrated robust capital appreciation, though a significant recent increase in stock for sale suggests a potential shift in momentum. Future growth will be influenced by the suburb’s appeal to upsizers and the ongoing pressure on the limited rental supply.
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PropCred Estimated Value

Bedrooms

5

Bathroom

1

Parking

2

Land

690mΒ²

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