35 East Parkway, Lightsview SA 5085

35 East Parkway, Lightsview SA 5085
Compact 2-bed unit stock | Lakeside precinct feel | Strong rental demand | Newer build quality | Medium-density setting This property sits within a planned, amenity-rich pocket of Lightsview where newer apartment and townhouse stock dominates the streetscape. The configuration—likely a two-bedroom unit with secure parking and balcony space—suits first-home buyers, investors, and professional renters who prioritise low-maintenance living over land area. The estate’s lake and park adjacency, combined with café-fronted retail nearby, gives it a lifestyle edge that typical suburban units lack. For a buyer seeking consistent rental interest or a lock-and-leave home close to the city, this type of property performs reliably. Value may be shaped by how the internal layout and finishes compare to similar stock in the immediate corridor. Floor level and aspect could influence light and outlook, which tends to matter more in medium-density settings. The property’s newer construction and secure parking likely support a price premium over older units, though smaller land component may cap upside compared to townhouses in the same estate. Buyers should weigh these factors when forming a view on price. || Comparable Sales: Unit 9/164 East Parkway sold $329,000 in 2018; similar 2-bed units now leasing $540–$585/week | Property Price Band: $400,000–$500,000 | Value Drivers: build recency, balcony and secure parking, rental yield potential
Detailed Independent Property Report prepared  by PropCred Analyst team for 35 East Parkway, Lightsview SA 5085
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk
Execution Risk ! 1
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Market Insight

Lightsview attracts young professionals: 35% of residents are aged 20–34, the dominant cohort is 30–39, and 42% of households are couples with children; 49% are purchasers. Houses have risen 11.0% in a year to a $756,000 median, with 12.7% compound growth; units are $534,000. Sales volumes are moderate at 84–132 annually, yields are 4.2% houses and 4.8% units, and houses sell in 30 days. Road access via East Parkway and Rapid Avenue supports commuter demand, pointing to continued momentum. Risks include a 2.18% population decline to 6,090 in 2021, prices above state averages, and a boomscore of 52/100: healthy but not overheated. With 18 rentals and 13 house sales last month, supply remains fluid.
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PropCred Estimated Value

Comparable Sales: Unit 9/164 East Parkway sold $329,000 in 2018; similar 2-bed units now leasing $540–$585/week | Property Price Band: $400,000–$500,000 | Value Drivers: build recency, balcony and secure parking, rental yield potential

Bedrooms

4

Bathroom

2

Parking

2

Land

164m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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