31 Hunter Cres, Salisbury North SA 5108
31 Hunter Cres, Salisbury North SA 5108
1962 3-bed house, 144m² floor area | 428m² allotment | two carport plus two open spaces | updated electric kitchen, built-ins | first-home buyer and investor fit
The property is positioned as a competitively strong older house in an established Salisbury North street, where its main edge is a 144m² floor area on a 428m² allotment. That footprint is significantly larger than many original three-bedroom homes in the area, and it is combined with a refreshed electric kitchen, built-in robes in all bedrooms, and a practical layout of separate living and adjoining dining rooms. The four off-street parking spaces, made up of two carport and two open spaces, are an unusual convenience for the suburb and are considered a genuine everyday value. A covered patio and shed are provided, extending usable space without adding maintenance burden. This is not a premium renovation; its appeal is found in honest, functional space at an entry-level scale. The house is best suited to first-home buyers looking for a move-in-ready dwelling with room to update gradually, and to investors seeking a low-maintenance single-storey rental with a land component in a suburb where refurbished stock is consistently absorbed.
Value may be influenced by the 1962 build age, as older construction can involve maintenance and energy-efficiency costs despite the refreshed kitchen. The absence of a second bathroom or ducted climate control might limit appeal for some families, and the modest 428m² land size reduces redevelopment scope compared with larger street lots. The four parking spaces are a genuine advantage, but the lack of a garage may be weighed by buyers expecting secure storage. These factors, rather than any single defect, are likely to shape the final price.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Hunter Cres, Salisbury North SA 5108
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Salisbury North demand is driven by affordability in Adelaide’s north and proximity to employment hubs, attracting first-home buyers and yield-focused investors. The buyer mix is balanced, with strong investor participation supported by solid rental returns (~4.4–4.7%) and consistent tenant demand.
The key opportunity lies in entry-level pricing with strong rental absorption and relatively fast sales (~28–29 days), underpinning liquidity compared to other affordable markets. The primary risk is socio-economic exposure and supply responsiveness, where price growth can be uneven and sentiment-driven.
Recent trends show strong growth (~10–12% annually) off a low base, with momentum now stabilising as supply increases and affordability pressures begin to cap further acceleration
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PropCred Estimated Value
Comparable Sales: 91 Hunter Cres sold at $605,000; 73 Hunter Cres sold at $855,000 | Property Price Band: $600,000-$700,000 | Value Drivers: floor area, kitchen condition, parking capacity
Bedrooms
3
Bathroom
1
Parking
2
Land
428m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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