3/37 Beaven Avenue, Broadview SA 5083
3/37 Beaven Avenue, Broadview SA 5083
Rear unit in a small group of three | solid brick with a garage plus second parking | leased until March 2027 | near-city convenience with a private yard | two-bedroom format suited to investors or downsizers
What makes this unit stand out is the combination of a private rear position, a genuine yard, and two off-street parking spaces—rare for this property type in the suburb. The solid brick construction and ducted reverse-cycle air conditioning give it a more permanent, low-maintenance feel than many newer builds. The current lease at $460 per week until March 2027 provides immediate income certainty, which will appeal strongly to investors. For owner-occupiers, the bay-window lounge and built-in robe in the main bedroom offer comfortable everyday living, while the large rear yard adds a house-like quality that most units lack. This property serves best those wanting city-fringe convenience without the upkeep of a detached house.
The value picture may be shaped by how the market weighs the unit’s small group size against its superior parking and yard. The tenancy in place could limit immediate owner-occupier appeal but also reduces vacancy risk. The advertised range sits below what detached houses in the area typically command, yet the configuration offers more than a standard apartment. Buyers might consider whether the second parking space and private rear setting justify a premium over other two-bedroom units nearby. The lack of a confirmed build year or internal floor area means condition and layout will matter more in forming a price view.
|| Comparable Sales: 2/17 Beaven Avenue sold at $575,000–$625,000 range; 43 Beaven Avenue sold at $1.1M for a larger house | Property Price Band: $575K–$625K | Value Drivers: parking provision, lease certainty, rear-yard privacy
Detailed Independent Property Report prepared by PropCred Analyst team for 3/37 Beaven Avenue, Broadview SA 5083
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Broadview is a tightly held suburb with a clear family-oriented demographic, driven by professionals seeking established homes. Demand is robust, evidenced by significant long-term capital appreciation and competitive sales volumes, particularly for houses. The market demonstrates resilience with consistent buyer activity, though limited listings indicate supply constraints. Future growth is supported by strong underlying demand, yet sensitivity to interest rates presents a notable consideration given the prevailing mortgage commitments.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 2/17 Beaven Avenue sold at $575,000–$625,000 range; 43 Beaven Avenue sold at $1.1M for a larger house | Property Price Band: $575K–$625K | Value Drivers: parking provision, lease certainty, rear-yard privacy
Bedrooms
2
Bathroom
1
Parking
2
Land
136m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!