3-23 Richard Street, Mansfield Park SA 5012
3-23 Richard Street, Mansfield Park SA 5012
This 2-bedroom, 1-bathroom house with 1 car spaces is positioned in Mansfield Park SA. The property is suited to family living in an established residential setting.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 3-23 Richard Street, Mansfield Park SA 5012
Market Insight:
Mansfield Park (SA 5012) is being driven by relative affordability in western Adelaide, proximity to Port Adelaide employment and transport links, and strong demand from investors and firstโhome buyers seeking solid rental yields. Buyers are drawn to midโpriced detached homes and value upside from spillover growth in nearby suburbs; risks include local socioโeconomic factors and potential unit oversupply, while opportunities stem from constrained housing stock and continued buyer interest – prices have broadly risen yearโonโyear (around high single digits) with only modest gains over the past six months.