2 Leabrook Drive, Para Hills SA 5096
2 Leabrook Drive, Para Hills SA 5096
3 bedrooms, 2 bathrooms, 1 garage. 142 square metres internal, 350 square metre land. Built 1966. Solar panels installed. New flooring and fresh paint throughout main areas. Jag kitchen with stainless steel appliances. Floorboards inside. Opposite a park. Walking distance to Para Hills School. Catchment for Para Hills High School.
What is competitively strong here is the renovation level relative to the era. Most 1966 houses in this suburb retain original finishes, but this one has been updated with new flooring, fresh paint, and a quality kitchen. That puts it ahead of typical stock without pushing into new-build territory. The two-bathroom configuration is also a genuine advantage for families, as most homes from this period only had one. Sitting opposite a park adds passive amenity and a sense of openness that smaller lots in newer subdivisions often lack. This property serves best a buyer who wants a move-in ready home in an established suburb, with good school access and no immediate need for capital works. It is not a showpiece, but it is a solid, updated family house in a stable location.
What might affect value is the smaller land size at 350 square metres, which limits future extension or subdivision potential compared to older lots in the area. The single-car garage is also a constraint for households with two vehicles. The rental yield sits around 3.7 percent, which is moderate, so an investor may weigh that against capital growth prospects rather than income return. The 1966 build age means some systems like plumbing or electrical may be original, though the interior updates reduce immediate concern. A buyer should consider whether the park proximity and school access offset the tighter land and garage limitations when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Leabrook Drive, Para Hills SA 5096
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Para Hills presents as an affordable entry point into Adelaide’s northern suburbs, characterised by strong recent capital growth in its established housing stock. Demand is driven by young families and first-home buyers, evidenced by the suburb’s youthful demographic and high sales volume for three and four-bedroom homes. The market demonstrates solid momentum with houses selling efficiently, indicating sustained buyer interest. Future performance will hinge on broader affordability pressures and the suburb’s ability to maintain its appeal to its core demographic, though current supply-demand dynamics appear balanced.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
350m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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