2/8 Cardigan Avenue, Felixstow SA 5070

2/8 Cardigan Avenue, Felixstow SA 5070
3-bed / 2-bath / 2-car compact townhouse | built 2018 | 119 m² land, 136 m² floor | last sold Nov 2024 | active infill pocket Positioned within a newer infill pocket of Felixstow, this townhouse offers a compact, low-maintenance layout that is uncommon in a suburb still dominated by older detached housing. The 2018 build provides contemporary finishes and a genuinely usable three-bedroom footprint, which suits downsizers, young professional couples, and small families seeking a lock-and-leave option close to reserve corridors and the river walking/cycling network. Its multi-level design and dedicated two-car parking strengthen practical appeal, while the modest land size keeps external upkeep manageable. The property is best served to buyers who value efficient internal space over large grounds, and the active resale market in the immediate area indicates steady demand for this format. Value may be influenced by the compact 119 m² land parcel, which limits expansion potential and might cap long-term appeal for families needing outdoor space. Presentation and finish details could differ from expectations upon inspection, and overlay variability in the pocket, including possible flood exposure in parts of the street, might affect insurance costs and buyer caution. The 2018 build age remains a positive, but resale activity in the area could soften if infill supply continues to rise. >> Comparable Sales: 5A Cardigan Avenue (duplex, 522 m² land) and 2/9 Hilltop Avenue (townhouse, sold 2025) | Property Price Band: $650K–$750K | Value Drivers: condition, layout efficiency, two-car parking, close-to-reserve position
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/8 Cardigan Avenue, Felixstow SA 5070
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk 2
Income Risk 2
Execution Risk
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Felixstow, an inner-Adelaide suburb, has seen house prices leap to a median near $1.2M, up 13–19% annually, with 3-bed homes around $974k and 4-bed at $1.225m. Demand is driven by professionals aged 20–39, largely families and upgraders, supported by tight rental conditions: vacancy at 0.42%, rents up 12.28%, and a median house rent of $640. Sales volume remains consistent at 42–63 houses yearly, though days on market range from 37 to 77, suggesting some rate sensitivity. Low rental stock (six listings) and affordability relative to SA’s $815k median are key constraints. Future growth hinges on continued price momentum and limited supply, but high entry prices may temper buyer enthusiasm.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

118m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat