22A Thistle Avenue, Klemzig SA 5087
22A Thistle Avenue, Klemzig SA 5087
A 2024-built three-bedroom, two-bathroom house with a single garage on a 250-square-metre lot at 22A Thistle Avenue, Klemzig. This is a contemporary, ground-floor home with an open-plan layout, master ensuite, and pergola, located six kilometres from the Adelaide CBD. The property sits within a suburban residential setting near the River Torrens Linear Park.
What is competitively strong about this property is its status as a brand-new, modern build in a suburb where much of the housing stock is older and on larger blocks. This positions it as a rare, low-maintenance option for buyers seeking contemporary finishes without renovation demands. The compact lot and efficient configuration make it particularly suitable for professionals, downsizers, or investors targeting the rental market, where demand for modern homes within six kilometres of the city is high. Its proximity to the River Torrens Linear Park and reliable NBN Fibre to Premises adds lifestyle and practical appeal. The property serves a buyer who values a turnkey home in an established suburb with good city access, rather than a large garden or traditional block size.
The smaller 250-square-metre lot is a defining factor that may influence long-term value, as it limits expansion potential and could appeal less to families seeking space. The sale history shows a 2023 transaction at a price inconsistent with a completed new home, likely reflecting a land-only deal, so the buyer should verify the final construction cost to assess total investment. The off-market sale of neighbouring lots suggests a subdivision or duplex configuration, which may affect privacy or density perceptions. Rental yield potential is supported by strong demand for modern housing in this location, but the compact size might cap capital growth compared to larger Klemzig properties.
Detailed Independent Property Report prepared by PropCred Analyst team for 22A Thistle Avenue, Klemzig SA 5087
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Klemzig is a well-established suburb attracting both owner-occupiers and investors, supported by its transport links and family-friendly amenities. Demand is driven by strong capital growth and solid rental yields, with a tight rental market underpinning investor appeal. The market demonstrates robust price appreciation, though affordability pressures are emerging as a key constraint. Future growth will be supported by sustained demand, yet sensitivity to interest rates and limited stock availability present ongoing considerations for buyers.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
262m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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