31 Montrose Street, Ferryden Park SA 5010

31 Montrose Street, Ferryden Park SA 5010
This 3-bedroom, 1-bathroom house with 2 car spaces is positioned in Ferryden Park SA. The property is suited to family living in an established residential setting.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 31 Montrose Street, Ferryden Park SA 5010
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Market Insight:

Ferryden Parkโ€™s demand is being driven by its close proximity to the Adelaide CBD, relative affordability versus inner suburbs, and strong buyer interest in valueโ€‘add and infill opportunities. Buyers are typically ownerโ€‘occupiers and renovators seeking rental income (rental yields around 3.8โ€“4%), while risks include interestโ€‘rate sensitivity, shortโ€‘term volatility in unit values and localized oversupply; mediumโ€‘density redevelopment and renovations are the main growth upside. Over the past six months house prices have stayed firm and broadly higher (continuing doubleโ€‘digit annual gains), whereas unit values have softened, so selective purchases of wellโ€‘located or renovated homes look best positioned.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

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