2A Fourth Avenue, Ascot Park SA 5043

2A Fourth Avenue, Ascot Park SA 5043
2-bed unit | renovated interior | small-group block | 208m² land | transport and school access This unit sits in a small group on Fourth Avenue, a configuration that suits buyers wanting the practicality of a compact footprint without the maintenance of a detached house. The 1975 build has been fully remodelled internally, which lifts it well above the typical older unit stock in Ascot Park. With two bedrooms, one bathroom, and a single car space on a 208m² lot, it offers a workable layout for a first-home buyer, a downsizer, or an investor seeking low-maintenance rental demand. Its position within the Hamilton Secondary College catchment and close to transport and shopping adds everyday convenience that supports both owner-occupier appeal and tenant interest. The sale price achieved for the matched unit in this group, $742,000 in early 2026, may reflect the renovated condition and the scarcity of updated stock in this pocket. That figure sits well above rental evidence for smaller one-bedroom units nearby, which suggests the market is paying a clear premium for the two-bedroom configuration and the quality of the interior finish. The land size is modest, so future value growth may depend more on ongoing demand for compact housing close to amenities than on any redevelopment potential. Buyers should weigh the renovation standard against the older building fabric and the limited private outdoor space when forming a view on price. || Comparable Sales: 2/2 Fourth Avenue sold $742,000 in Feb 2026; 52 Fourth Avenue sold $490,000 in Sept 2021 | Property Price Band: $700K–$800K | Value Drivers: renovated interior, two-bedroom layout, small-group block with manageable land
Detailed Independent Property Report prepared  by PropCred Analyst team for 2A Fourth Avenue, Ascot Park SA 5043
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Ascot Park is a vibrant, well-located southern metro suburb, offering excellent proximity to beaches, major retail, and the CBD. Demand is driven by a diverse demographic mix of young professionals, families, and renters, attracted by its accessible lifestyle. The market exhibits strong price momentum across both houses and units, supported by high sales activity and tight rental vacancy. Future growth is underpinned by its prime location, though constrained by very low property supply, indicating ongoing competitive pressure for available stock.
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PropCred Estimated Value

Comparable Sales: 2/2 Fourth Avenue sold $742,000 in Feb 2026; 52 Fourth Avenue sold $490,000 in Sept 2021 | Property Price Band: $700K–$800K | Value Drivers: renovated interior, two-bedroom layout, small-group block with manageable land

Bedrooms

3

Bathroom

2

Parking

1

Land

301m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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