28A Angley Avenue, Findon SA 5023
28A Angley Avenue, Findon SA 5023
Modern 2017 build | 3-bed 2-bath on compact 370sqm | 4-car capacity rare in Findon | Elevated ground with solar edge
This property positions as a low-maintenance, high-functionality alternative to older stock in a suburb where median days on market are 31 and clearance rates sit at 61%. The 2017 construction means minimal immediate capital expenditure for a buyer, while the 4-car provision-two garage, two open-is genuinely uncommon for a 370sqm lot and gives it an edge for households with multiple vehicles, a trailer, or a small workshop. The 66% building coverage and solar panels further reduce ongoing utility costs, and the FTTP connection supports remote work without being a primary driver. It serves best a professional couple or small family seeking a turnkey house in a well-connected corridor, with good school catchment access and a supermarket within 600 metres.
The flood overlay introduces a non-trivial insurance cost and potential resale friction, though the absence of bushfire or heritage overlays simplifies approvals. The lot size limits future extension potential, and the 2018 last-sale data means no recent transaction to benchmark against-buyers should commission an independent building inspection to confirm the solar installation and roof condition. The rental estimate of $730pw suggests a gross yield near 3.5% at the upper end of the value range, which is acceptable but not exceptional for a new build. Hold this property as a long-term owner-occupier residence or a low-touch rental in a tightening supply market; do not overpay beyond the $1.0m median given the lot constraints.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
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.