40 La Perouse Avenue, Flinders Park SA 5025
40 La Perouse Avenue, Flinders Park SA 5025
New 4-bed house on compact 383m² Torrens title | High-spec finishes throughout | Strong family rental demand | City-beach corridor location | Address data inconsistency to clarify
This property stands out because it offers a genuinely new, high-specification family house in a suburb where most stock is older post-war housing on larger blocks. The 4-bedroom, 2-bathroom configuration with three car spaces is above the typical family specification for the area, and the finishes—3-metre ceilings, herringbone timber flooring, stone benchtops, a butler’s pantry, and fully tiled bathrooms—are well above what you would normally find in this price range. The compact 383m² block is a practical trade-off: you get a low-maintenance yard and a modern layout, but you sacrifice the generous outdoor space that older homes in Flinders Park typically offer. This property is best suited to a family or downsizer who wants new construction without the upkeep of a large garden, or an investor targeting the strong rental demand for updated family homes in the corridor between the city and the beach.
The main factor to weigh is the inconsistency between the two addresses in the available records. One source lists this as a 1948-built house, while another describes the brand-new home at 40A La Perouse Avenue on the same land size. This mismatch should be clarified before any commitment, as it could affect how the property is titled, insured, or financed. The 383m² land size is also relatively compact for the suburb, which may limit its appeal to buyers who prioritise outdoor space. Rental demand appears solid, with estimates around $735 per week, but the achieved yield will depend on final rental market conditions.
|| Comparable Sales: 2 Franklin Avenue sold for $962,000 in April 2025; 21 La Perouse Avenue listed around $845k–$895k | Property Price Band: $1.1M–$1.2M | Value Drivers: new condition and high-end finishes, compact land size, location between city and beach
Detailed Independent Property Report prepared by PropCred Analyst team for 40 La Perouse Avenue, Flinders Park SA 5025
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
This established family suburb is characterised by high owner-occupancy and a professional demographic, underpinning stable demand. Growth is driven by couples with children seeking larger homes, reflected in strong recent price appreciation. The market demonstrates resilience with low vacancy and steady sales, though increasing stock levels suggest a potential moderation in the previously rapid price growth, presenting a more balanced environment for buyers.
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PropCred Estimated Value
Comparable Sales: 2 Franklin Avenue sold for $962,000 in April 2025; 21 La Perouse Avenue listed around $845k–$895k | Property Price Band: $1.1M–$1.2M | Value Drivers: new condition and high-end finishes, compact land size, location between city and beach
Bedrooms
4
Bathroom
2
Parking
3
Land
383m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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