2 Shiers Avenue, Northgate SA 5085
2 Shiers Avenue, Northgate SA 5085
This 2006-built detached house on a 436-square-metre allotment offers five bedrooms and two bathrooms across 181 square metres of internal living space, with two dedicated parking spaces. The property is configured as a single-level, low-maintenance home, and the bedroom count is consistently reported as five across primary data sources.
What is competitively strong about this property is its unusual combination of five bedrooms on a compact, low-maintenance lot, a configuration that is rare in Northgate’s established residential market. This design serves families who need multiple rooms but prefer minimal yard upkeep, or investors seeking high rental yield from a multi-bedroom layout. The 2006 construction ensures modern building standards and energy efficiency compared to older stock, while the 181-square-metre internal area provides genuine space for a large household. This property is best suited for buyers prioritizing internal volume over outdoor land.
What might materially affect the property’s value is the inconsistency in bedroom count across some listings, where it is described as four bedrooms, suggesting the fifth room may be a study or multi-purpose space rather than a full bedroom. This could narrow the buyer pool if the room lacks a wardrobe or window. The compact 436-square-metre lot may also limit appeal for those seeking generous outdoor recreation areas, potentially placing a ceiling on price growth compared to larger block homes.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Shiers Avenue, Northgate SA 5085
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Northgate is a tightly held, family-oriented suburb with a median house price around $940,000, reflecting its established nature. Demand is driven primarily by purchasing professionals and couples with children, attracted by local schools like Cedar College. Recent price growth has been subdued, with mixed annual data ranging from -4.2% to +1.1%, though houses sell relatively quickly (25-61 days). Future growth is tied to broader Adelaide’s tight supply and low vacancy, but the market remains sensitive to interest rate movements and affordability constraints within its $685k-$1.45m price range.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
436m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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