230 Findon Road, Findon SA 5023
230 Findon Road, Findon SA 5023
A 1977 solid brick house on an 816m² rectangular lot with 4 bedrooms, 1 bathroom, and 3 parking spaces. This single-storey property is suited for renovation and sits in an established suburban setting.
This property’s strongest competitive advantage is its generous 816m² lot, which is notably larger than many modern subdivided blocks in this area, offering significant potential for extension, redevelopment, or simply enjoying more outdoor space. The solid brick construction provides a durable and low-maintenance shell, making it an ideal candidate for a renovation project. This house is best positioned for buyers seeking a substantial landholding in a well-established suburb, particularly investors or owner-occupiers with a vision to add value through updating. Its configuration, with four bedrooms and ample parking, serves a family-oriented market well, and the property’s age and condition suggest it can be acquired at a price point below that of a fully renovated or newly built home in the same location.
The single bathroom is a material constraint that may limit appeal for some families and could be a factor when comparing to more modern homes. The original 1977 condition means that a buyer should budget for significant updating of kitchens, bathrooms, and possibly electrical and plumbing systems. The property’s value will be heavily influenced by the cost and scope of the renovation required, and the eventual sale price may reflect the potential rather than the current livability. A buyer should carefully assess the structural integrity and any necessary compliance upgrades to form a clear view of the total investment required.
Detailed Independent Property Report prepared by PropCred Analyst team for 230 Findon Road, Findon SA 5023
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Findon presents as a well-established, family-oriented suburb with a balanced market. Demand is driven by a mature demographic seeking established housing, supported by consistent sales activity. The market demonstrates robust price momentum for houses, while unit performance is more moderate, indicating a clear preference for detached homes. Future growth is underpinned by this sustained demand, though the limited available listings suggest a supply constraint that could intensify competition among buyers.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
3
Land
816m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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