2/11 Edward Street, Glynde SA 5070
2/11 Edward Street, Glynde SA 5070
This is a ground-floor unit built in 1964 with two bedrooms, one bathroom, one car space, and a 76-square-metre lot. It features a large courtyard and secure gated entry. The property is currently listed for sale, though pricing varies between sources.
What is competitively strong here is the combination of a secure ground-floor configuration with a genuinely large courtyard, which is uncommon for a unit of this size and age. The property sits in a quiet, low-density part of Glynde, close to public transport and local shops, making it well suited for retirees, first-home buyers, or small families seeking affordability without sacrificing privacy. The secure gated entrance adds a layer of appeal for those prioritising safety. While the unit is typical of 1960s construction in the area, the courtyard and secure entry give it a noticeable edge over many comparable units in the suburb.
The small lot size of 76 square metres may limit future expansion or outdoor storage, and the single car space could be a constraint for households with multiple vehicles. The 1964 build may involve older fixtures or insulation standards, so some maintenance or updating should be anticipated. Pricing appears to vary across sources, which may reflect differing views on condition or market positioning. Buyers should weigh these factors carefully when forming a view on value, particularly if long-term holding or renovation is considered.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/11 Edward Street, Glynde SA 5070
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Glynde’s demand is anchored in its inner-north Adelaide position, quick links to Norwood and the Parade precinct, and the council’s recent attention to road safety, drainage renewals and refined truck access planning that keep amenity compelling. Buyers favour established homes and scarce newer units for suburb character, while tight listings plus rental yields around 2.6% for houses and 4% for units keep investors engaged, even though those modest yields and limited turnover are the main risks amid the infrastructure-led upside. Prices have been largely flat to softly positive over the past six months, with houses up just 0.4% year-on-year while units continue to run ahead on roughly 18.8% growth, so position for a steady entry and let future amenity and council work unlock broader gains.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
76m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!