3 Graham Street, Para Hills SA 5096
3 Graham Street, Para Hills SA 5096
3 Graham Street, Para Hills is a 2-bedroom, 1-bathroom house built in 1964 on a 303m² lot with a single garage and approximately 125m² of internal living space.
This house is competitively positioned for a specific buyer because of its smaller, more manageable footprint. In a suburb where the typical home sits on a much larger block and offers three bedrooms, this property stands out as a rare alternative. It serves buyers who want a detached home without the maintenance burden of a big yard, or investors seeking a straightforward rental with a yield around 3.1%. The house is in a well-established residential area with good school access and reliable connectivity, and its age places it in a predictable maintenance cycle. For singles, couples, or downsizers, this configuration offers an entry point into a stable suburb that usually caters to families.
A few factors may shape how a buyer values this property. The lot size is smaller than the suburb norm, which might limit future extension potential or appeal to buyers wanting more outdoor space. The home’s 1964 build means systems like plumbing, wiring, and insulation may need updating, though this is typical for the era. Proximity to a light aircraft airport could introduce noise for some buyers, though it is not a known constraint. The zoning and lack of overlays offer flexibility, but the property’s compact nature may narrow the pool of interested buyers compared to larger family homes in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Graham Street, Para Hills SA 5096
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Para Hills presents as an affordable entry point into Adelaide’s northern suburbs, characterised by strong recent capital growth in its established housing stock. Demand is driven by young families and first-home buyers, evidenced by the suburb’s youthful demographic and high sales volume for three and four-bedroom homes. The market demonstrates solid momentum with houses selling efficiently, indicating sustained buyer interest. Future performance will hinge on broader affordability pressures and the suburb’s ability to maintain its appeal to its core demographic, though current supply-demand dynamics appear balanced.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
197m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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