19 Berryman Road, Smithfield Plains SA 5114

Large block in established street | Strong recent growth trajectory | High rental demand | Proximity to schools | Flood overlay nearby This house presents a competitively strong proposition due to its significantly larger land parcel compared to typical local stock, a configuration that underpins its scarcity value and offers future flexibility. The demonstrated high annual growth rate and strong rental yield estimates position it effectively for an investor seeking both capital appreciation and immediate cash flow, or a owner-occupier securing a sizable block in a family-oriented location near schools. Proceed with the clear risk that conflicting land size data requires immediate verification, as a planning or title anomaly could materially affect value. The flood overlay noted on adjacent properties demands a specific council enquiry, a due diligence cost that is non-negotiable. For a buyer, the commercial logic is sound: secure a high-growth, high-yield property with a unique land advantage, but condition any offer on the resolution of these physical and legal uncertainties. Recent sales on Berryman Road provide a direct value benchmark: – 21 Berryman Rd (3/1/1): Sold for $490,000. – 19 Berryman Rd (this property): Sold for $501,000 in November 2024. – 6 Berryman Rd (3/1/3): Sold for $299,000 in an older transaction. This cluster confirms the subject property trades at a justified premium to immediate comparables, reinforcing its current valuation estimate.