3 Xavier Place, Parafield Gardens SA 5107
3 Xavier Place, Parafield Gardens SA 5107
3 bed likely 4 | 384m² land | 157m² internal | 2011 sale $186k | standard family stock
This property sits as a broadly typical detached family house in an established northern Adelaide suburb, though the conflicting bedroom count introduces a meaningful configuration edge. If the true layout is four bedrooms, it aligns more competitively with newer family housing in the area and broadens its appeal to upgraders seeking extra space. The 157m² internal area and double parking are solid for a family buyer, while the 384m² land parcel is compact by outer-northern standards but not unusual for the pocket. The 2011 sale price provides a historical anchor, but without recent settled comparables, its current value must be assessed through direct inspection and local agent commentary. This property serves best a value-focused family or first-home buyer seeking a functional, move-in-ready house in a conventional suburban setting, rather than a premium or differentiated product.
The conflicting bedroom count may materially affect perceived value, as a four-bedroom configuration typically commands a premium over three in this market, while a three-bedroom layout could limit appeal to smaller households. The compact land size may constrain future extension potential or outdoor amenity, which some buyers might weigh against larger-lot alternatives nearby. The lack of verified renovation scope or finish quality means the property’s condition is a key variable—marketing language suggesting renovation should not be taken as a confirmed upgrade. Buyers should prioritise a building inspection and confirm the bedroom count through physical verification, as these factors directly influence both desirability and resale potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Xavier Place, Parafield Gardens SA 5107
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Parafield Gardens is a family-dominated northern Adelaide suburb with strong demand from mortgaged owners, comprising 39% of households. This demographic, with 50% couples with children, drives a competitive detached house market, evidenced by median prices of $708k-$795k and robust annual growth of 11.6%-24.1%. Houses sell in approximately 32 days, with rental yields at 3.8% and weekly rents rising 12%. Future growth is underpinned by high family population growth, though affordability constraints and interest rate sensitivity for mortgaged owners present key risks.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
384m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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