40 Palamountain Drive, Evanston Park SA 5116
40 Palamountain Drive, Evanston Park SA 5116
3 bed 2 bath on 450m²|2004 build low-maintenance config|Gawler school catchment 1.1km|Solid rental at $560pw|
Flexible floorplan with dishwasher and outdoor area suits young families or investors seeking steady yields in Gawler Council area. Compact 174m² build covers 39% of lot, ideal for downsizers wanting minimal upkeep. Positions well for first-home buyers or renters in family-oriented Evanston Park, with reliable NBN and 5G access boosting appeal. Demand stays firm for such entry-level homes amid stable local interest. Catches Gawler and District College B-12
Detailed Independent Property Report prepared by PropCred Analyst team for 40 Palamountain Drive, Evanston Park SA 5116
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Evanston Parks buyer pool is still chasing affordability ahead of Gawler and its growth corridor, so demand has jumped with reported buyer interest up roughly 63% in the last year while stock remains tight. (( The median house price now sits around $720733k, a gain of about 13% over the past year, keeping the suburb on an upward local trend over the last six months. (( Opportunities stem from continued spend on nearby infrastructure and solid rental yields of about $590 per week, but watch for exposure to commuter sentiment and rate sensitivity should broader Adelaide pricing lose momentum. ((
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
450m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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