29 Monaro Road, Aberfoyle Park SA 5159
29 Monaro Road, Aberfoyle Park SA 5159
Well-maintained 1981 single-storey on 685m² | Pool adds lifestyle edge | Strong owner-occupied street | Reliable NBN and 5G
This house presents a rare combination of a solidly built single-storey home on a generous 685m² lot in a street where 90% of properties are owner-occupied and long-term residents dominate. The 17% site coverage leaves significant outdoor space, and the detected swimming pool adds a lifestyle feature that is uncommon in this price segment. For a buyer seeking a low-maintenance family home with room to extend or renovate, this property offers a competitive position, especially given the suburb’s median for three-bedroom houses sits above the listing range. The reliable NBN Fibre to the Premises and 5G coverage support modern living needs without being primary value drivers.
The primary risk is the property’s age and the unknown condition of key elements such as the roof, plumbing, and electrical systems, given no recent sale price is available since 2011. The pool, while a drawcard, may require inspection and ongoing maintenance costs. The opportunity lies in the low site coverage and large lot, which could allow for future extension or subdivision subject to council approval. The street’s stability and the suburb’s high owner-occupier rate suggest strong resale demand, making this a prudent choice for a buyer willing to invest in updates over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Monaro Road, Aberfoyle Park SA 5159
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Aberfoyle Park presents as a robust and established family suburb within Greater Adelaide, characterised by strong demand from households seeking larger homes. This is reflected in consistent sales activity across a range of property sizes, indicating broad appeal. Recent price performance has been notably strong, with houses demonstrating significant capital appreciation. The market is active, with properties transacting efficiently, supported by solid rental demand. Future growth is underpinned by this sustained buyer interest, though the current low volume of available listings suggests a constrained supply pipeline, which presents both a support for values and a potential constraint on market fluidity.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
685m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!