22 Ferris Street, Davoren Park SA 5113
22 Ferris Street, Davoren Park SA 5113
This 4-bedroom, 3-bathroom house with 1 car spaces is positioned in Davoren Park SA. The property is suited to family living in an established residential setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Ferris Street, Davoren Park SA 5113
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Playford North renewal and relative affordability keep owner-occupiers and investors focused on Davoren Park for fresh stock near Elizabeth retail and community amenities. Supply is tight (0.26% stock, 18-day market, 83% clearance) while median houses near $570-575k rose 17-22% year-on-year with around 5% in the latest quarter, keeping rents close to $500 and yields about 4.6%, so last-six-month momentum is firmly upward. Renewal work and rental demand keep turnover high, yet caution is needed because median incomes sit about 40% below Greater Adelaide averages, so buyers should still stress-test servicing despite the capital gains.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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