22 Delamere Drive, Paralowie SA 5108
22 Delamere Drive, Paralowie SA 5108
4 bedrooms, 2 bathrooms, single-story house built 1981 on a 642m² rectangular lot with 2 parking spaces. No flood or bushfire overlays. Estimated value around $837,000. The property sits on one of the larger blocks in Paralowie’s early development phase, giving it a land advantage over newer subdivisions where lot sizes have shrunk. Its configuration is well suited to families seeking space without moving into premium suburbs further south.
What is competitively strong here is the land itself. A 642m² rectangle on flat ground is increasingly rare in this price bracket, and the absence of overlay restrictions means future options for extensions or a granny flat are not ruled out by council constraints. The house is unrenovated 1980s stock, which may deter some buyers but also presents a clear value-add opportunity for those willing to invest in updates. This property best suits a buyer who prioritises land size and location affordability over turnkey condition. It competes well against newer but smaller homes in the same suburb, where the building may be fresher but the land is tighter.
What might affect value is the age and condition of the building. At 45 years, major systems like roofing, plumbing, and electrical may need attention, and the absence of confirmed upgrades means a buyer should budget for at least cosmetic renovation. The lack of modern finishes or energy efficiency features could narrow the pool of buyers who want move-in readiness. On the upside, the property’s rectangular shape and single-story layout reduce the cost and complexity of any future work. Rental yield is likely moderate, which may influence an investor’s bid, but for an owner-occupier the trade-off between land size and renovation cost is where the real value decision sits.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Delamere Drive, Paralowie SA 5108
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Paralowie presents as a stable, affordable entry point into the Adelaide market, characterised by strong owner-occupier demand from young families. This is evidenced by high mortgage ownership rates and consistent house price growth, with the market demonstrating solid momentum as properties transact relatively quickly. Future performance will hinge on the suburb’s ability to maintain its affordability advantage while benefiting from broader metropolitan growth, though limited unit market activity suggests a narrower investment profile.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
3
Land
641m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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