22 Daly Cres, West Lakes Shore SA 5020

22 Daly Cres, West Lakes Shore SA 5020
Compact 307m² parcel | 3-bed detached house in coastal West Lakes Shore | small-footprint build suits low-maintenance buyers | strong price point for its size | family demand in catchment. This property stands out for its efficient use of a compact site in a suburb where larger blocks dominate. Its three-bedroom, two-bathroom layout with double parking offers practical, single-level living that appeals to downsizers, first-home buyers, or investors seeking a low-maintenance coastal foothold. Positioned within a well-established streetscape and school catchment, it captures steady owner-occupier interest without the upkeep burden of bigger yards. The configuration is competitively lean for West Lakes Shore, where many homes carry extra land and older finishes, making this a rare turnkey-style option in a market that values convenience.
Detailed Independent Property Report prepared  by PropCred Analyst team for 22 Daly Cres, West Lakes Shore SA 5020
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk
Execution Risk 2
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Market Insight

West Lakes Shore’s median house price is $1.3 million, up 5.7% annually, while the unit median sits at $800,000 after a 15.7% decline. Houses sell in about 42 days, with annual turnover of 37–57 sales, indicating a thin, tightly held market. House rents range $750–$782 weekly, units $560–$580, and gross yields are 3.0% for houses versus up to 4.3% for units, pointing to stronger investor interest in the apartment segment. Demand is led by high-income owner-occupiers favouring the established housing stock, but affordability constraints and rate sensitivity temper the outlook, especially for units.
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PropCred Estimated Value

Comparable Sales: 22 Thiele Cres sold $960k (Aug 2023); 8 Daly Cres sold $560k (2019) | Property Price Band: $1.1M–$1.2M | Value Drivers: compact land size, modern layout, coastal proximity, school catchment appeal.

Bedrooms

3

Bathroom

2

Parking

2

Land

307m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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