23 Laffers Cres, Reynella SA 5161

23 Laffers Cres, Reynella SA 5161
4 bed 2 bath 8 car | 696 m² allotment | detached family house | high parking capacity | established suburb The property’s four-bedroom, two-bathroom layout with eight parking spaces is considered a rare configuration for a detached house on a 696 m² allotment. This combination is expected to hold strong appeal for buyers with multiple vehicles, a boat or caravan, or those seeking flexible external storage. The land size is understood to align with typical family housing in the surrounding area, offering a practical balance of outdoor space and low-maintenance living. The house is best positioned for a family-oriented buyer who values convenience and capacity over premium finishes. Its location within an established council area is seen as a dependable suburban setting, with schools and transport likely within reasonable reach. Condition and presentation may be considered the main value driver, as refreshed interiors are often preferred. The eight-car capacity might be seen as reducing living space and limiting buyer interest. Orientation and light may be expected to affect perceived comfort. Maintenance needs could be dependent on the property’s age, and layout suitability may need to be assessed. The price might be reflected in how well parking and living areas are combined.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23 Laffers Cres, Reynella SA 5161
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk
Income Risk
Execution Risk
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Market Insight

Reynella, in Adelaide’s southern corridor, has a 41% couple-with-children household share and 47% of residents are purchasers. Demand comes from 30-39 year-old trades and professionals earning $78k–$130k; median household income grew 18.9% since 2016. House prices reached $800,000, compounding at 15.9% annually, with 26 average days on market and 103 sales in the past year. Owner-occupier demand is strong, but unit supply data is unavailable and transport/school infrastructure information is limited. Prices rose 12.1% in 12 months; future growth hinges on income growth sustaining against affordability constraints.
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PropCred Estimated Value

Comparable Sales: 4-bed house on 697 m² sold around $780k; 3-bed house on 660 m² sold around $850k | Property Price Band: $800K-$900K | Value Drivers: condition, parking capacity, land size

Bedrooms

4

Bathroom

2

Parking

2

Land

696m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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