24/1 Burt Avenue, Findon SA 5023

Apartment, three-bedroom, two-park | Built 2009, low-maintenance hold | Findon, 30-property street, 70% owner-occupied | Flood risk flagged, no heritage overlay This property offers a rare configuration in the market: a three-bedroom, two-bathroom apartment with two dedicated parking spaces and 114 square metres of internal area, built in 2009. For a buyer, this floorplan competes directly with smaller townhouses or villas, yet sits within a secure, low-maintenance complex-reducing ongoing outlay. The street profile, with 70% owner-occupancy and only 30% renters, suggests stable neighbours and limited turnover pressure, which supports capital preservation. It suits downsizers seeking single-level living without strata fatigue, or an investor targeting the 20-39 age cohort that makes up 31% of Findon’s population. The balcony and built-in robes are standard, but the real edge is the two-car allocation, rare for an apartment of this era. The primary risk is the detected flood overlay, which may affect insurance premiums and future lender appetite-this should be costed before commitment. The 2013 sale at $1.05 million appears anomalous, possibly reflecting a different strata lot or data error, so rely on the current estimate range rather than that spike. With rental yield estimated at 4.08% and a mid-range value of $890,000, the property offers a moderate entry point into a suburb with 62% owner-occupation overall. Hold it as a core residential position; the configuration and parking give it a liquidity advantage over standard two-bedroom units in the same corridor.