26 Bakewell Road, Evandale SA 5069

26 Bakewell Road, Evandale SA 5069
1910 stone villa rebuilt 2025 | 3 bed 2 bath on 330sqm | walk to The Parade | no heritage overlay | modern finishes in established eastern suburb This property offers a rare combination of period character and contemporary finish, with a full 2025 rebuild that eliminates the compromises typical of older homes. The 330sqm lot in a tightly held Evandale pocket, with no heritage or flood overlays, gives a buyer immediate functional use and future flexibility. Catchment for Trinity Gardens School and walking distance to The Parade make it well suited to professionals or downsizers who want lock-and-leave convenience without sacrificing street appeal. The primary risk is the significant valuation spread, which suggests the market has not yet settled on a price for a rebuilt villa of this size. The 330sqm land is below the suburb median, and the 55% building coverage limits further expansion. However, the absence of heritage controls and the 2025 completion mean a buyer avoids both renovation risk and ongoing maintenance costs. This property works best as a long-term hold in a low-supply corridor, where the combination of modern amenity and established location should retain demand through any market softening.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 26 Bakewell Road, Evandale SA 5069
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Market Insight:

Evandaleโ€™s demand is driven by its innerโ€‘ring Norwood/Payneham proximity, established character homes and very limited supply that attract professionals and renovators. Buyers are paying for lifestyle, school access and strong capitalโ€‘gain potential, while risks include low rental yields, small sales volumes and sensitivity to interestโ€‘rate or market shifts; targeted renovations or subdividing select lots are the main growth opportunities. Prices have lifted sharply over the past year but the last three to six months show signs of moderation rather than runaway growth.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

330mยฒ

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