2 Walter Street, Elizabeth Downs SA 5113
2 Walter Street, Elizabeth Downs SA 5113
This 4-bedroom, 1-bathroom house with 2 car spaces is positioned in Elizabeth Downs SA. The property is suited to family living in an established residential setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Walter Street, Elizabeth Downs SA 5113
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Elizabeth Downs is drawing buyers because it still ranks among Adelaide’s more affordable northern suburbs while migration-backed demand and investors chasing high single-digit yields keep inspection groups large. Tight supply – sub-0.7 months inventory, low stock on market, modest new approvals – supports values but the suburb already requires about 49 years to own, so affordability fatigue or policy shifts could cool momentum. Prices have climbed sharply over the past six months, with median houses rising in the low-mid teens percentile range and roughly $30,000 jumps in just a few months, so if migration demand stays firm there is still upside.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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