2 Kendall Street, Evanston SA 5116
2 Kendall Street, Evanston SA 5116
Renovated 1974 duplex | 578 m² with 3 beds | Flood overlay recorded | First-home and family demand | Value-priced Evanston corridor
The property is positioned as a renovated 1970s duplex, with its upgraded kitchen, paint, and flooring removing much of the deferred maintenance common in this era. A 578 m² parcel is provided, which is generous for a duplex and allows separation and yard space rarely seen in competing units. A three-bedroom, one-bathroom layout is offered, compact but functional, with two off-street spaces included for everyday convenience. As a value entry point in Evanston’s older housing stock, it is best suited to first-home buyers and young families seeking a move-in-ready house without a new-build premium. Practical family appeal is reinforced by its position within a B-12 school catchment.
Flood overlay may raise insurance considerations but may not be an absolute constraint. Older construction may be less efficient, and a single bathroom may be viewed as a limit for some buyers. Renovation quality may not match marketing claims, so inspection is advised. Value may be influenced by the updated interior weighed against the dated exterior and flood overlay.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Kendall Street, Evanston SA 5116
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Evanston SA 5116 is a tightly held market, with annual house sales volume of 42 to 61. Median house prices range from $598,000 to $650,000, with annual growth of 14.7% to 18.2%. Houses sell in 26 to 32 days on average, reflecting strong buyer competition. Rental yields for houses sit between 4.2% and 4.64%, attracting investor demand; 62% of owners hold a mortgage, indicating a mortgage-driven owner-occupier base. The unit market is effectively inactive, with fewer than 5 sales recorded, leaving no reliable pricing or yield data. That thin transactional base, combined with a high share of single-person households (37%) and small household size (2.2), points to a market sensitive to interest rate changes and limited supply churn. Future growth drivers remain unquantified in available data.
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PropCred Estimated Value
Comparable Sales: 14 Braeview Circuit, Evanston, sold at $590,000 | Property Price Band: $500,000-$600,000 | Value Drivers: renovated presentation, generous land size, flood overlay awareness
Bedrooms
3
Bathroom
1
Parking
3
Land
578m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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