3 Leith Avenue, Clarence Gardens SA 5039
3 Leith Avenue, Clarence Gardens SA 5039
This two-bedroom detached house features one bathroom, two parking spaces, and a floor area of 112 square metres on a substantial 926 square metre lot. It includes air conditioning, heating, built-in wardrobes, and secure parking. A single-level structure on a generous suburban parcel.
This property is distinguished by its land size. On a 926 square metre parcel, a rare opportunity is offered in a suburb where typical lots are smaller. While the two-bedroom configuration is modest, the land itself holds significant value for buyers interested in renovation or future development. This house is best suited for those seeking a starting point in an established area – first-home buyers, investors, or small families who will benefit from the outdoor space and parking. Its position in Clarence Gardens is solid, with a large lot differentiating it from newer builds on tighter sections.
The value of this property may be influenced by the floor plan. At 112 square metres the internal living area is compact compared to typical family homes in the suburb, which might limit appeal for larger households. However the generous land size offsets this by providing expansion potential. The cost of modernising or extending may need to be considered by buyers, as the house could require updates to match current standards. A thorough inspection is advised to assess condition given the unknown build age.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Leith Avenue, Clarence Gardens SA 5039
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Clarence Gardens is a tightly held, family-dominated suburb experiencing robust capital growth, with houses significantly outperforming units. Demand is driven by established families seeking larger homes, evidenced by strong sales volumes for three and four-bedroom properties. The market is characterised by rapid price appreciation and very low vacancy rates, indicating sustained pressure. Future growth is supported by its established residential appeal, though limited turnover and high owner-occupancy may constrain new supply.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
926m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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