17 Teresa Court, Paralowie SA 5108
17 Teresa Court, Paralowie SA 5108
Detached family house on a court | Older-era build with generous land | Strong rental and owner-occupier demand | School and transport access | Condition likely drives value
This property sits within an established northern Adelaide suburb where family-sized houses on mid-sized allotments are the norm. The court location suggests limited through traffic and a quieter setting, which typically appeals to families and investors alike. With likely three to five bedrooms and a single-level layout, the house serves first-home buyers seeking space, young families wanting room to grow, and investors chasing solid rental returns. The land component appears generous relative to the building footprint, which gives future renovation or extension potential. Proximity to schools, shops, parks, and public transport reinforces everyday convenience, making it a practical choice rather than a lifestyle purchase.
The property’s value may hinge on its current condition and any updates already completed. Older construction often means dated kitchens, bathrooms, or flooring, which might require budgeting for improvements. Energy efficiency could also be less than modern standards, potentially affecting ongoing costs. The exact land size and build year remain unconfirmed, but if the house aligns with typical stock in the area, a mid-sized allotment with a functional layout is likely. Buyers should weigh renovation costs against the purchase price, as well as any local overlay considerations like flood risk that may vary street by street.
|| Comparable Sales: 17 Alvaro Street sold $250,000 in 2016; 17 Arrow Crescent estimated $805,000 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, condition, layout functionality
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Teresa Court, Paralowie SA 5108
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Paralowie, in Adelaide’s northern suburbs, is recording strong house-price gains, with medians from $675,000 to $755,000 and annual growth of 10.1%–12.7%. Units are thinly traded—only 12 sales—but show a 23% growth rate and a 4.8% yield, based on a thin sample. House rents hold at $580 weekly with a 4.5% yield, and properties sell in 27–59 days. Annual house sales reach 247 in one count. Demand comes chiefly from owner-occupiers carrying mortgages—67% of owners—against household incomes slightly below the regional average. Affordability relative to Greater Adelaide is the central future growth driver; however, limited supply data and unquantified rate sensitivity remain constraints.
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PropCred Estimated Value
Comparable Sales: 17 Alvaro Street sold $250,000 in 2016; 17 Arrow Crescent estimated $805,000 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, condition, layout functionality
Bedrooms
4
Bathroom
2
Parking
4
Land
580m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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