4/40 Dauntsey Road, Elizabeth North SA 5113
4/40 Dauntsey Road, Elizabeth North SA 5113
3-bed unit | 266 m² land | 1993 build | flood overlay noted
This unit holds a practical edge in Elizabeth North, where most stock is older detached housing on substantially larger blocks. The compact land area and single-level configuration suit buyers seeking low-maintenance living without sacrificing three bedrooms, and the 1993 construction places it newer than much of the surrounding inventory. It serves first-home buyers entering the market or investors chasing rental yield, as the modest footprint keeps holding costs down while the established suburb provides steady tenant demand.
The flood overlay is the primary constraint to weigh, as it may affect insurance premiums and could temper resale interest from cautious buyers. The unit form itself might limit appeal to families wanting yard space, and the 114 m² building area suggests rooms are functional rather than generous. Parking for one car may also feel tight for households with multiple vehicles. These factors could narrow the buyer pool, but they may also position the unit as a more affordable entry point compared to nearby houses.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/40 Dauntsey Road, Elizabeth North SA 5113
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Elizabeth North, in Adelaide’s northern corridor, is a high-growth, affordability-driven market. House prices have risen 15% annually to a $525,000 median, with 217% growth over five years. Demand centres on buyers aged 20-29, including single-parent households and labourers, drawn to gross yields of 4.95% for houses and 5.07% for units. Annual sales of 91-113 houses and 127 rental listings indicate active churn. Main North Road provides city connectivity, and school catchments exist, though quality ratings are undisclosed. The key constraint is scarce supply: only 12 properties for sale and 8 for rent. Household incomes sit 44.2% below Greater Adelaide’s average, with many mortgages at $1,000-$1,399 monthly, heightening rate sensitivity. Rents for houses are $450-$465 weekly; units $375, supporting investor demand.
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PropCred Estimated Value
Comparable Sales: 8/40 Dauntsey Road (similar unit, no price disclosed) and 48 Dauntsey Road (3-bed house, 923 m², sold higher) | Property Price Band: $300,000–$400,000 | Value Drivers: newer build year, compact land with low upkeep, flood overlay affecting insurance and buyer caution
Bedrooms
3
Bathroom
1
Parking
1
Land
200m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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