19 Maurine Terrace, Para Vista SA 5093
19 Maurine Terrace, Para Vista SA 5093
Wide 19m frontage | 725mยฒ freestanding house | Updated interiors | No overlay risk | Strong rental yield
The case for this property rests on its combination of a generous 725mยฒ parcel with a wide 19m frontage, a configuration rarely available in Para Vista. The freestanding house has been updated for modern living while retaining original foundations, offering a buyer immediate occupancy without deferred maintenance. Its positioning near Valley View Secondary School and absence of bushfire, flood, or heritage overlays reduces friction for both owner-occupiers and investors. The property serves best a buyer seeking a move-in ready home on a lot with future subdivision or extension potential, given the low 29% site coverage. The rental estimate of $665 per week supports a gross yield near 3.4%, appealing to those prioritising cash flow alongside capital growth.
The primary risk is minor listing inconsistency around bedroom count, which requires verification during inspection to avoid valuation surprises. The market is fresh, with only three days on market, suggesting the seller may be testing price; this creates an opportunity for a buyer to negotiate firmly if comparable sales like 20 Maurine Terrace at $1.023 million set a ceiling. The wide frontage and flat elevation offer rare redevelopment optionality, but buyers should confirm council zoning allowances before factoring this into their bid.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 19 Maurine Terrace, Para Vista SA 5093
Market Insight:
Para Vista is a thriving, park-fringed suburb demonstrating robust market momentum. Demand is driven by its increasing desirability among local property seekers, supported by a tight rental market with extremely low vacancy. Recent price trends show strong capital growth, with houses transacting relatively quickly, indicating sustained buyer competition. Future growth is underpinned by this solid demand profile, though the market’s sensitivity to broader economic conditions remains a key consideration for prospective buyers.