2/65 Gorge Road, Paradise SA 5075

2/65 Gorge Road, Paradise SA 5075
3-bedroom unit on 243mยฒ land | 101mยฒ internal | strata-titled in Paradise | 1993 build with three car spaces | off-market with no current value estimate This unit offers a rare combination of generous internal space and a substantial land component within a strata complex, giving a buyer a foothold in a sought-after suburb without the full house price. The three car spaces are an unusual advantage in this density bracket, and the 243mยฒ land holding, while shared, provides a buffer that smaller units lack. It suits a downsizer or investor prioritising space and parking over a premium address, with council and strata costs that are manageable relative to the floor area. The absence of bushfire or flood risk is a practical plus, but the lack of recent sale data or a current valuation means a buyer must commission their own appraisal to avoid overpaying. The 1993 build may require attention to common property infrastructure, and strata fees could rise as the complex ages. Hold this property as a long-term, low-turnover rental or owner-occupied base, and track comparable sales in the immediate complex before negotiating.

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

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Market Insight:

Paradise is a well-established family suburb with strong recent capital growth, driven by demand from middle-aged households seeking larger homes. The market is active, with solid sales volumes and a preference for three and four-bedroom houses, which move relatively quickly. Future performance will likely hinge on the continued appeal to this core demographic and broader economic conditions affecting mortgage holders.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

243mยฒ

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