23 Edith Road, Salisbury North SA 5108
23 Edith Road, Salisbury North SA 5108
1966 build on 695sqm | 3 bed 1 bath | sizeable landholding | original stock opportunity | family or investor appeal
This property is distinguished by its atypically large land component for a house of this era and price range, which is considered competitively strong in an established suburban setting. The generous 695 sqm allotment supports a spacious yard and offers scope for future extension or reconfiguration, making it particularly well suited to owner-occupiers seeking room to grow or buyers looking at value-add possibilities. Its 1966 construction places it firmly within the older detached housing stock of the neighbourhood, where larger blocks are less common in newer infill developments. The three-bedroom, one-bathroom configuration aligns with conventional family demand, and the property is generally best positioned for families wanting a traditional house with outdoor space, as well as investors seeking long-term rental appeal on a sizeable lot.
Several factors may materially affect the property’s value and sale price. The approximate six-decade build age suggests original or dated finishes, and the condition of the structure, fixtures, and services could warrant a closer inspection. The inconsistent parking figures across different records might indicate a carport or driveway arrangement that is either non-standard or loosely defined, and this could be clarified onsite. Additionally, the broad marketing range implies some uncertainty in comparable pricing, and the buyer should weigh the cost of any necessary updates against the asking range. The overall outcome will depend heavily on how the house is presented and whether any latent maintenance needs are identified during due diligence.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Edith Road, Salisbury North SA 5108
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Salisbury North demand is driven by affordability in Adelaide’s north and proximity to employment hubs, attracting first-home buyers and yield-focused investors. The buyer mix is balanced, with strong investor participation supported by solid rental returns (~4.4–4.7%) and consistent tenant demand.
The key opportunity lies in entry-level pricing with strong rental absorption and relatively fast sales (~28–29 days), underpinning liquidity compared to other affordable markets. The primary risk is socio-economic exposure and supply responsiveness, where price growth can be uneven and sentiment-driven.
Recent trends show strong growth (~10–12% annually) off a low base, with momentum now stabilising as supply increases and affordability pressures begin to cap further acceleration
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
695m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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