28 Fairview Terrace, Clearview SA 5085
28 Fairview Terrace, Clearview SA 5085
Large 1,010sqm redevelopment site | 17.4m frontage | Development/land-bank framing | Inner-north Clearview | Transitional streetscape
This property is a rare large holding in Clearview, sitting well above the typical 300–400sqm blocks that dominate recent infill stock in the suburb. The 1,010sqm allotment with a 17.4m frontage gives it genuine depth and width for higher-density or multi-dwelling consideration, subject to planning approvals. The listing explicitly targets developers, builders, and land bankers, which reflects the property’s core strength: land value and redevelopment potential rather than the existing dwelling. It suits a buyer looking to hold for future yield or undertake a project, not someone seeking a move-in-ready family home. The streetscape itself is uneven, mixing older housing with newer infill, so the property sits in a transitionary pocket where renewal is already underway. This is an opportunity for those comfortable with planning risk and a longer timeline.
The existing house configuration, condition, and internal layout are not confirmed, which may affect immediate usability or rental income while you hold. Planning controls and zoning for the site are not verified, so the permissible density and approval pathway remain uncertain. Demolition or substantial renovation costs may be required, and the current dwelling’s value is likely secondary to the land itself. Orientation, aspect, and street elevation are unknown, which could influence design options or future appeal. Buyers should weigh these factors when forming a view on price, recognising that the property’s worth hinges on what can be built, not what currently stands.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Fairview Terrace, Clearview SA 5085
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Clearview, in northern Adelaide, is a mid-priced family market with house medians around $849,000–$868,000 and annual growth of 5.4–11.1% across recent sources. Demand is propelled by a young adult skew and a high share of couples with children, alongside a substantial renter base and mortgage-heavy ownership. Sales activity is steady but modest, with 41–90 house sales annually, concentrated in three- and four-bedroom dwellings. Houses transact in 33–78 days, signalling a balanced but variable market. House rental yields are tight at about 3.7%, while units offer a higher near-5% yield, though unit sales data is too thin to establish a trend. Growth potential is supported by a house Boomscore of 62/100, above the South Australian average, but constraints include limited unit liquidity, variable selling times, and sparse public transport and school quality information. Affordability and rate sensitivity metrics are absent.
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PropCred Estimated Value
Comparable Sales: 29 Fairview Terrace (1,029sqm, built 2020) and 80 Fairview Terrace (404sqm, sold $1,151,000) | Property Price Band: $1.0M–$1.1M | Value Drivers: Land size and frontage, redevelopment potential, location within Clearview’s infill corridor
Bedrooms
3
Bathroom
1
Parking
1
Land
1010m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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