22C Milbank Avenue, Gilles Plains SA 5086
22C Milbank Avenue, Gilles Plains SA 5086
This 3-bedroom, 2-bathroom house with 1 car spaces is positioned in Gilles Plains SA. The property is suited to family living in an established residential setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 22C Milbank Avenue, Gilles Plains SA 5086
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✓
Execution Risk
✓
Market Insight
Demand in Gilles Plains is driven by very constrained house supply, solid rental fundamentals and a value position just outside inner-north Adelaide, so buyers are circling a roughly $840k median with listings turning over quickly. Investors and owner-occupiers chasing 3.7–4.1% yields are buoyed by about $650 a week median rents, only weeks on market, and a balanced vacancy that keeps cashflow steady. Affordability remains the main risk – 46 years to own under standard gearing assumptions – so rate moves bite fast, yet tight stock plus modest building approvals keep momentum and have nudged values slightly up over the past six months (around 1.6% last quarter).
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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