3 Andreas Avenue, Evanston Gardens SA 5116

3 Andreas Avenue, Evanston Gardens SA 5116
Modern build in established suburb | Strong recent growth | High connectivity | No heritage constraints This property presents a competitively strong proposition due to its modern construction year and efficient land use, which minimizes maintenance risk for an owner-occupier or investor. The configuration of three bedrooms and two bathrooms aligns precisely with core suburban demand in this area, serving families seeking proximity to the Gawler and District College catchment. Its reliable connectivity and absence of heritage overlays further streamline its appeal, positioning it for stable tenancy or comfortable ownership. The primary decision hinges on the substantiated price growth evidenced in the street, balanced against the specific risk mechanisms of bushfire and flood overlays, which may incur insurance premiums and require due diligence. The opportunity lies in acquiring a property with demonstrated capital appreciation in a rising suburb, where recent comparable sales support further upside. This property is best held as a long-term holding to realize its growth trajectory, suitable for a buyer comfortable with standard suburban risk profiles. Recent sales on Andreas Avenue demonstrate robust demand: – 15 Andreas Ave sold for $720k in Jan 2026, indicating strong current market levels. – 36 Andreas Ave showed 17% annual growth over four years. – 8 Andreas Ave, a lower-parked comparable, sold for $485k, highlighting the value of two car spaces. This sales data confirms the subject property’s estimated value range is credible and anchored in an actively appreciating micro-market.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Evanston Gardens is a tightly held, family-oriented suburb where strong demand from mortgaged households is fuelling exceptional capital growth. This high-growth market is characterised by rapid sales, with houses transacting swiftly, reflecting intense competition. Future performance hinges on sustained affordability for local incomes, while the constrained supply of units presents a notable market limitation.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

381mΒ²

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