407 Diagonal Road, Sturt SA 5047

407 Diagonal Road, Sturt SA 5047
Built 2015 duplex | 355m² lot in established suburb | Strong rental yield potential | Dual overlay risks This is a three-bedroom, two-bathroom duplex constructed in 2015, offering 143 square metres of internal space with two car spaces on a 355-square-metre block. The property sits on Torrens Title with a practical layout and indoor-outdoor flow characteristics typical of modern duplex design. The listing price ranges from $849,000 to $899,000, with an estimated property value around $903,000. Rental income potential stands at $700 per week, positioning this as an investment-grade property with approximately 3.8% gross yield. The high-confidence rental estimate suggests consistent demand in the local rental market. Location-wise, the property occupies a strategic position within Marion council area. It falls within the Seaview High School catchment and Darlington Primary School catchment, making it attractive for families. Proximity to Flinders University, public hospitals, and public transport infrastructure adds utility value. The suburb itself represents an established residential area with moderate density characteristics. The property carries both bushfire and flood overlays, which represent material risk considerations requiring appropriate insurance and potentially affecting future resale appeal or lending terms. These environmental overlays may also influence long-term property appreciation. Demand characteristics favour owner-occupiers seeking low-maintenance duplex living in an established suburb, alongside investors targeting rental yield. The configuration suits young families, downsizers, or investor portfolios seeking stable rental returns rather than capital growth speculation. Infrastructure support includes reliable NBN Hybrid Fibre Coaxial and 5G mobile coverage, meeting contemporary connectivity expectations.

Market Insight:

Sturt’s demand is anchored by southern Adelaide buyers chasing the coastal fringe lifestyle at a relative discount to inner suburbs, keeping houses on market around 22 days and delivering about 3.7% rental yield. buyers should treat any coastal-lifestyle premium as the main risk. ((

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

355m²

Built

Recent Assessments