183 Shepherdson Road, Parafield Gardens SA 5107

183 Shepherdson Road, Parafield Gardens SA 5107
3-bedroom, 1-bathroom house built in 1985 on a 646m² lot with a 19-metre frontage and a 97m² internal area, featuring three-car parking. Single-level configuration on a generous allotment in a growing northern suburb. This property is competitively positioned through its generous land size and three-car parking, which are uncommon for a three-bedroom home in this suburb. The 19-metre frontage and 646m² lot offer rare future potential, such as subdivision or extension, subject to council approval. The single-level layout suits first-home buyers and young families seeking a low-maintenance entry point. It serves best those wanting a solid, no-fuss property with room to add value in a surging area. The 1985 build age may require updates to finishes or systems, which could affect the property’s immediate appeal and price. The single bathroom is a constraint for families, potentially narrowing the buyer pool. The lot size and frontage present an opportunity for future development, which may influence value if zoning permits. Buyers should weigh renovation costs against the property’s land-driven potential when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 183 Shepherdson Road, Parafield Gardens SA 5107
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk
Income Risk
Execution Risk
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Market Insight

Parafield Gardens is a family-dominated northern Adelaide suburb with strong demand from mortgaged owners, comprising 39% of households. This demographic, with 50% couples with children, drives a competitive detached house market, evidenced by median prices of $708k-$795k and robust annual growth of 11.6%-24.1%. Houses sell in approximately 32 days, with rental yields at 3.8% and weekly rents rising 12%. Future growth is underpinned by high family population growth, though affordability constraints and interest rate sensitivity for mortgaged owners present key risks.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

646m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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