4 Meredith Street, Sefton Park SA 5083
4 Meredith Street, Sefton Park SA 5083
4 bed, 2 bath, 5 car house | Sefton Park inner-north | Premium family stock | Strong redevelopment potential | $1.75M price point
This property sits at the upper end of Sefton Park’s housing stock, where the combination of four bedrooms, two bathrooms, and a five-car configuration is genuinely uncommon. That garage capacity alone suggests either a substantial footprint or a purpose-built setup for a buyer with serious vehicle or workshop needs, which immediately differentiates it from the typical character bungalow or newer homette found across the suburb. The house is positioned for family buyers who want the convenience of the inner-northern corridor, proximity to shopping and recreation, and the flexibility of a larger-than-usual layout without moving further out. It competes with the best renovated family homes in the area, and the price point reflects that positioning rather than the entry-level or mid-tier stock that dominates much of the suburb.
The value picture here may hinge on how the internal space is actually arranged, particularly whether the five-car area is attached, detached, or part of a workshop setup that could be converted for other uses. The land size is not confirmed, but given the car count and house format, a larger allotment is likely, which could support future subdivision or a rear dwelling in line with the development activity seen elsewhere in Sefton Park. Buyers should weigh whether the finishes and layout justify the premium over the street’s more modest offerings, and whether the property’s configuration suits their immediate needs or requires adjustment. The absence of confirmed details on the build year and internal condition means the inspection will carry real weight in forming a final view.
|| Comparable Sales: 14 McInnes Avenue Broadview sold around $1.75M; 24A Meredith Street leased at $710/week | Property Price Band: $1.7M–$1.8M | Value Drivers: five-car capacity, land size, internal condition and layout flexibility
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Meredith Street, Sefton Park SA 5083
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
This suburb is positioned as an established, high-income enclave with a growing, professional demographic. Demand is driven by affluent households seeking family-oriented homes, supported by strong household incomes and high educational attainment. Recent price growth reflects a stable, low-supply market with competitive sales conditions. Future growth is underpinned by demographic momentum, though its premium positioning introduces sensitivity to broader economic affordability pressures.
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PropCred Estimated Value
Comparable Sales: 14 McInnes Avenue Broadview sold around $1.75M; 24A Meredith Street leased at $710/week | Property Price Band: $1.7M–$1.8M | Value Drivers: five-car capacity, land size, internal condition and layout flexibility
Bedrooms
4
Bathroom
2
Parking
4
Land
781m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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