2/44 Glynburn Road, Hectorville SA 5073
2/44 Glynburn Road, Hectorville SA 5073
2 bed unit | 1975 build | 106m² lot | solar panels | rear group position | FTTC NBN
This unit holds a clear edge for buyers wanting a genuinely low-maintenance foothold in an established eastern suburb. Its compact 85m² layout is practical rather than spacious, and the single-storey homette format suits first-home buyers, downsizers, or investors seeking steady rental appeal. The rear-of-group position, private yard, and solar panels lift it above standard unit stock, while the 1975 solid brick construction signals durability. The property sits on a major corridor, which supports access to shops and transport but does carry some traffic exposure—an acceptable trade-off for the convenience and the quieter internal outlook.
Value may hinge on the actual finish level, since the building group shows signs of renovation but the subject unit’s exact condition is not fully confirmed. The 106m² lot limits expansion, but for a unit buyer that is rarely a priority. The carport, separate laundry, and built-in robe cover daily needs, yet the absence of confirmed modern kitchen or bathroom updates could mean budget for refresh work. Rental demand in the area appears solid, with current leases around $490–$540 per week for similar units, so income potential is a realistic consideration rather than speculation.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/44 Glynburn Road, Hectorville SA 5073
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Hectorville is an established eastern Adelaide suburb where demand is driven by professional families aged 30-39, with 63% family households and an average size of 2.3 people. House prices have compounded at 23.7% annually, lifting the median to $1.1 million, though sales volume is thin at 78 transactions over the past year. Buyer interest remains strong, with 771 monthly searches, and two-bedroom units provide a $548,000 entry point. Supply is constrained, with only 11 dwellings listed monthly and houses averaging 45 days on market. Affordability pressures are building: 47% of owners hold mortgages, gross yields sit at 3.5%, and weekly rents range from $550 for two-bedrooms to $1,000 for five-bedroom homes. School catchments and transport links underpin future demand, but rate sensitivity and stretched valuations pose risks to sustained growth.
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PropCred Estimated Value
Comparable Sales: 14/44 Glynburn Rd sold $425,000 in Feb 2024; 20/44 Glynburn Rd leased at $490/week | Property Price Band: $400K–$500K | Value Drivers: condition of interior finishes, rear group position, solar panels and low-maintenance yard
Bedrooms
2
Bathroom
1
Parking
1
Land
106m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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