3/20 Kingston Avenue, Daw Park SA 5041
3/20 Kingston Avenue, Daw Park SA 5041
2-bed 110m2 unit | single bathroom | one parking | Daw Park established pocket | downsizer appeal
A 110m2 floorplan is offered by this two-bedroom unit, which is considered generous for the property type. The single-bathroom layout is understood to be functional but compact, and the allocated parking is viewed as a practical inclusion. Located in Daw Park, the unit is positioned within a suburb known for a mix of houses and smaller dwellings, so a steady stream of buyers is attracted to it, particularly those looking to downsize without leaving the area. Professionals and first-home buyers are also served well by this property type, given its size and established location. The configuration is seen as a balance between extra space and low maintenance.
The property may be presented with original finishes that require updating, which could temper the price achieved. The single bathroom might be considered a constraint for families, but it is unlikely to deter the target buyer. The aspect and floor level may influence light and noise, and these factors should be weighed against the generous internal area.
>> Comparable Sales: 1A Kingston Avenue (recent sale, within $650k-$700k); 7/624 Goodwood Road (1971-built, within $650k-$700k) | Property Price Band: $650k-$700k | Value Drivers: generous floorplan, established location, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 3/20 Kingston Avenue, Daw Park SA 5041
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Daw Park is a tightly held inner-south Adelaide suburb on key arterial routes including Goodwood and Greenhill Roads. Demand comes from affluent professionals aged 40-49, mostly Australian-born with bachelor degrees. House prices are strong: median $1,302,000, annual growth 22.37% (21.2% compound), and median sold price $1,326,500 over the past year. Two-bedroom units average $582,000. Conditions are tight: vacancy 0.24%, house stock on market down 80% year-on-year, with five rentals and three sales listed last month. Median days on market is 79 for three-bedder houses, though the overall average is 38. Rental demand supports house rents near $700 weekly. Supply constraints and owner-occupier demand underpin the outlook, but low transaction volume-26-40 house sales annually-adds liquidity and pricing risk.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
110m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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