220 East Parkway, Lightsview SA 5085
220 East Parkway, Lightsview SA 5085
3 bed, 1 bath, 1 car, built 2014, single family house on ground floor, land size approximately 165m². This is a smaller configuration than typical for the suburb, which tends toward 2-bathroom homes, positioning it as entry-level family stock rather than a full family home.
What is competitively strong here is the rarity of a standalone house under $500,000 in a suburb with good infrastructure and proximity to the city. The property serves best a first home buyer or an investor seeking a lower entry point into a stable, established suburb. Its 2014 build means modern construction standards and minimal immediate maintenance, which is a genuine advantage over older stock. The location within Lightsview offers quiet streets, park access, and local shops within walking distance, making it a practical choice for someone who values convenience over space.
What might materially affect value is the single bathroom and single car space, which narrows the buyer pool compared to the suburb’s typical 2-bathroom homes. This could lead to a longer selling period or a price discount relative to more generously configured properties. The below-average school catchment may also limit appeal for families, though it is less relevant for investors or couples. The land size, while modest, is consistent with the area and does not present a significant constraint, but any buyer should consider that future redevelopment potential is limited by the small lot and R2 zoning.
Detailed Independent Property Report prepared by PropCred Analyst team for 220 East Parkway, Lightsview SA 5085
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✕
2
Market Insight
Lightsview is a modern suburb with strong appeal to young professionals and growing families, driving consistent demand. This demographic profile supports a robust market characterised by rapid price appreciation and brisk sales, with houses transacting particularly quickly. Future growth is underpinned by its established infrastructure and residential amenity, though its relative affordability compared to broader metropolitan areas presents a key consideration for sustained momentum.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
132m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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