24 Thirteenth Street, Renmark SA 5341
24 Thirteenth Street, Renmark SA 5341
3 bedrooms, 1 bathroom, semi-detached duplex on approximately 490m² with rear lane access and 1 parking space. Single-level configuration, originally constructed in 1950 but reconfigured to its current 3-bedroom form.
What is competitively strong here is the rear lane access and the smaller land footprint, which positions this property as a lower-cost entry point into a suburb dominated by larger standalone houses on substantial blocks. The duplex configuration and 490m² lot are rare in this part of Renmark, giving it a distinct market position that suits investors or first-home buyers seeking something more manageable than the typical family home. The 3-bedroom layout with single-level living also appeals to those wanting simplicity without sacrificing bedroom count. Its location on Thirteenth Street places it within an established residential area where demand for investment properties is noted, and the semi-detached nature offers a balance between privacy and reduced upkeep compared to a full house.
The historical 1950 build date for the original structure may affect value if the current configuration is a later modification rather than a full rebuild, as older construction can carry maintenance implications that a buyer should investigate. The smaller lot size compared to surrounding properties might limit capital growth potential relative to larger blocks, though it also reduces land tax exposure and maintenance costs. The single bathroom could be a constraint for families or tenants, potentially narrowing the buyer pool. The rear lane access adds utility but may also bring noise or privacy considerations depending on neighbouring use. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Thirteenth Street, Renmark SA 5341
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Renmark presents a compelling regional proposition, anchored in its Riverland setting. Demand is supported by a diverse buyer base, reflected in a broad price spectrum of recent sales. The market demonstrates robust momentum with strong annual price appreciation, creating a seller-favourable environment characterised by competitive days on market. Future performance is underpinned by sustained transactional activity, though limited current listings suggest potential supply constraints that could influence affordability dynamics.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
490m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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