23 Mary Street Smithfield SA 5114

23 Mary Street Smithfield SA 5114
Modern 2022 build | 3 bed 2 bath house | Flood overlay present | Fibre NBN | 5G coverage This property presents a competitively strong offering as a near-new, low-maintenance house in a growth corridor, serving the buyer seeking modern amenities without the wait of construction. Its 2022 construction date positions it above older stock in the suburb, minimizing immediate capital expenditure. The configuration of three bedrooms and two bathrooms aligns with core family demand, while the confirmed fibre NBN and 5G coverage support contemporary work-from-home needs, adding practical value. The primary decision mechanism is the identified flood overlay, which necessitates specific due diligence on insurance premiums and potential future resale constraints. The absence of bushfire or heritage overlays simplifies this assessment. The price bracket sits above automated estimates, suggesting a premium for its newness; therefore, verify value through a physical inspection and comparable sales analysis. This property is best held as a long-term primary residence, capitalizing on its modern build in an established council area. A PropCred report would ground this in real market valuation, clarify locality-specific flood risks, and provide a structured checklist for pre-purchase verification. No full comparable sales data for direct houses was extracted, limiting precise value benchmarking. The available nearby listings, such as a unit priced around $450,000, are not directly comparable, underscoring the need for a tailored sales analysis to justify the listed price point for this specific house.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Smithfield presents as an affordable, family-oriented suburb in northern Adelaide, with demand driven by young households seeking value. Recent price growth has been robust, supported by strong sales volumes and a healthy, balanced market. Future capital growth is expected to be steady, though it may be tempered by the suburb’s established profile and moderate supply levels.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

363mΒ²

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