2/34 Mortimer Street, Kurralta Park SA 5037
2/34 Mortimer Street, Kurralta Park SA 5037
This townhouse offers 3 bedrooms, 2 bathrooms, 2 car spaces, with 175 square metres of internal space on a 241 square metre lot. Built in 2004, it is an upstairs unit featuring a master suite with walk-in robe, ensuite, and private balcony.
As a modern townhouse built in 2004, this property stands out in an area where much of the housing stock dates from the 1930s and 1940s. Its generous 241 square metre lot is larger than many contemporary units, and the upstairs configuration with a master suite balcony and ensuite is uncommon in this price bracket. The property is well suited to buyers seeking newer construction in an established suburb without sacrificing space or privacy. It occupies a position within a low-to-mid density neighbourhood where newer townhouses are rare, giving it an edge for those who want contemporary finishes without moving to a fringe suburb.
The parking allocation varies across sources, and while two spaces are reported, this should be verified as it influences convenience and appeal. Being an upstairs unit may deter some buyers who prefer ground-floor access, though the balcony and privacy offset this. The absence of shared amenities such as a pool or gym is typical for this suburb and unlikely to detract significantly but may limit appeal for certain buyers. The property’s condition and any strata or owners corporation arrangements could influence long-term value and should be considered when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/34 Mortimer Street, Kurralta Park SA 5037
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Kurralta Park is an up-and-coming, well-located suburb with strong transport links and amenities, driving demand from families and investors. Recent market conditions show a stark divergence, with house prices experiencing robust growth while the unit market has seen a significant correction, indicating potential oversupply. Future growth is anchored by its proximity to the city and established infrastructure, though key risks include affordability pressures for houses and the suburb’s sensitivity to interest rate changes given its high proportion of renters and investor activity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
241m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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