39 Condor Avenue, Burton SA 5110

39 Condor Avenue, Burton SA 5110
3 bed 80s house Burton 570sqm land | 3 parking ducted evap | floor area variance 122-199sqm | auction 16 May The property’s primary buying case rests on its 570sqm land holding in a growth corridor suburb, combined with three dedicated parking spaces and ducted evaporative cooling-features that are genuinely scarce at this price point. The floor area discrepancy across sources (122sqm to 199sqm) is less concerning for a buyer focused on land value, as the 80s brick foundations and functional layout offer immediate liveability while allowing future renovation upside. This house best suits a young couple or small family seeking a foothold in the market with scope to add value through cosmetic updates rather than structural work. The floor area variation introduces valuation risk if lenders apply the lower figure, potentially affecting borrowing capacity or requiring a building inspection to confirm actual livable space. The 2023 sale at $400,000 provides a clear three-year benchmark, though current auction conditions will test whether market movement supports a premium. Buyers should budget for updating the original kitchen and bathroom within five years to maintain resale appeal. Hold this property as a long-term land play with minimal carrying costs, renovating only when equity allows.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Burton is a family-centric suburb in northern Adelaide, with demand driven by established households seeking value. Recent price growth has been robust, supported by tight rental conditions and strong yields. Future prospects are underpinned by this sustained demand from owner-occupiers, though affordability pressures relative to local incomes and increasing stock levels present a key market constraint.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

570mยฒ

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