21 Konanda Road, Elizabeth North SA 5113
21 Konanda Road, Elizabeth North SA 5113
4 bed flex | 635 sqm lot | 1983 brick veneer | 21-panel solar | Investment sale
This house presents a competitive configuration for an investor or large-family buyer, with its flexible fourth room and total building area exceeding typical suburb stock. The 21-panel solar system is a tangible operational cost advantage, and the large, secure allotment on a General Neighbourhood zone provides a stable, low-maintenance holding. It is positioned squarely for a buyer seeking a tenanted or high-occupancy property in Northern Adelaide, with its must-sell vendor status creating a potential negotiation edge.
Your decision hinges on validating the structural condition of the 1983 build and the permitted use of the external rumpus room, as unapproved additions risk future cost. The single bathroom is a clear functional limitation that caps rental premium and broad market appeal. Acquire this only as a long-term hold; its value is in land size and yield, not appreciation. Use the solar savings and large living areas to secure reliable tenancy, accepting that the bathroom layout will deter owner-occupier demand later.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Konanda Road, Elizabeth North SA 5113
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Elizabeth North presents as a high-growth, entry-level market in northern Adelaide, driven by strong demand from young, first-home buyer households. This demographic is capitalising on relative affordability, fuelling rapid price appreciation and a competitive sales environment with low stock. Future momentum hinges on sustained demand from this core segment, though sensitivity to economic pressures exists given the suburb’s income profile and limited available supply.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
1
Land
635m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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