43 Piccadilly Road, Crafers SA 5152

43 Piccadilly Road, Crafers SA 5152
Mid-century renovated hillside classic | large 1972m² elevated block | 3-bed, 142m² home | ultimate Hills canvas This property presents a compelling proposition for its substantial, elevated landholding in a tightly held Hills locale, a rarity that underpins long-term value. The 1975-built home, recently renovated with polished floors and high ceilings, offers modern convenience while the extensive grounds provide a private ‘canvas’. This combination best serves a buyer seeking a lifestyle property with space and character, within the Heathfield High catchment, appealing to both families and downsizers seeking room. The primary risk is the bushfire overlay, which imposes specific construction standards and may affect insurance premiums. The 142m² building is modest for the land size, suggesting future extension potential is a key opportunity. Given the strong land component and renovated condition, this property is positioned as a hold asset, suitable for long-term occupation with the optionality to capitalise on its subdivisible scale, should council planning permit.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Crafers is a tightly held, high-income family enclave in the Adelaide Hills, characterised by strong owner-occupancy and a preference for detached housing. Demand is driven by established professionals and families seeking a premium lifestyle, supported by household incomes well above the regional average. This has fuelled robust capital growth, with a competitive sales market and solid rental performance. Future momentum is linked to this sustained demographic appeal, though the market’s low turnover and sensitivity to mortgage serviceability present inherent constraints on liquidity and entry.

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

1972m²

Built

Recent Assessments