2/11A Manfred Street, Plympton SA 5038

2/11A Manfred Street, Plympton SA 5038
Bathroom count unclear | 263mΒ² land plus 148mΒ² house on strata | Built 1994, no recent reno | Tight site with unit on small lot The bathroom discrepancy between four and two fixtures creates negotiation leverage, potentially costing thousands if due diligence reveals a reno gap or misrepresentation. The 263mΒ² land on a 148mΒ² floorplate yields limited yard but efficient layout, best held as a low-maintenance townhouse for owner-occupiers or investors seeking single-level living without strata complexity. The decision is conditional: verify bathroom documentation and check for unapproved works, then proceed if the structural and compliance story is clean. The 148mΒ² building area on a 263mΒ² lot is competitively rare in Plympton, where newer infill often trades smaller footprints for larger land. This property suits downsizers or professionals wanting three bedrooms near the city and coast, with parking for two cars. The 1994 build avoids heritage constraints while offering solid construction, and FTTP availability is a supporting value-add for remote workers or tech-dependent buyers. Comparable data shows the nearby 1/11A Manfred Street at 301mΒ² estimated at $933,000, while another Manfred Street property sold at $1,465,000. This property at 263mΒ² and $935,000 aligns with smaller lot values, suggesting pricing is anchored to land size rather than building quality. The value inference positions this as a fair entry point for the area, but not a bargain, making inspection and financing clarity the next logical steps.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Plympton is a high-demand, established suburb with a median house price of $1.17 million, anchored by strong road access. Demand is driven by high sales volumes, with 98 houses sold in the preceding year, and exceptional annual growth rates of up to 23.2% for houses. The market is tight with houses selling in a median of 27 days and limited current listings. Future growth is supported by this strong momentum, though key risks include high entry prices and low rental yields of 2.9% for houses.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

263mΒ²

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