430A Grand Junction Road, Clearview SA 5085
430A Grand Junction Road, Clearview SA 5085
3 bed 1 bath 2 car house | Clearview main-road corridor | $607.5k street profile vs $525k early 2024 | investor and first-home demand | older stock with redevelopment pull
This house sits in a practical middle-ring suburb where older detached homes dominate but the buyer pool is wider than the stock suggests. The 3/1/2 configuration is a genuine edge over the typical older Clearview house, which often only manages one car space, and that extra parking is meaningful for households with two vehicles or anyone considering a rental. The street-profile value around $607.5k, set against the $525k transaction in February 2024, points to a market that has moved in a short window, and that momentum is supported by the corridor’s mix of renovated homes and development-oriented blocks. This property serves best a first-home buyer wanting a solid footprint without paying for cosmetic polish, or an investor who sees the land and access as the real story.
The value picture here may hinge on how the house sits relative to its street exposure and what the land actually offers, since direct size data is not confirmed. Nearby lots vary from 457 to 812 sqm, so the spread is wide and the outcome for this one could shift the price meaningfully. The 1953 build era common in the area suggests original condition is likely, and that may mean budget for updating kitchens, bathrooms, or flooring. The redevelopment language attached to several nearby sales also implies some buyers are pricing in future options, which might support a stronger result if the parcel allows it, but that remains unverified for this lot.
|| Comparable Sales: 404 Grand Junction Rd sold with 3/1/1 on 457 sqm; 408 Grand Junction Rd sold undisclosed on 812 sqm built 1953 | Property Price Band: $550k–$650k | Value Drivers: land size, parking configuration, condition and renovation scope
Detailed Independent Property Report prepared by PropCred Analyst team for 430A Grand Junction Road, Clearview SA 5085
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Market Insight
Clearview is a family-oriented suburb in northern Adelaide, characterised by a young demographic and a high proportion of renters. Demand is driven by young professionals and couples with children, supported by consistent annual sales activity. The market demonstrates solid price growth, with houses transacting relatively quickly, indicating sustained buyer interest. Future performance is underpinned by this demographic demand, though the market is concentrated in houses, with limited unit data presenting a constraint on broader market insight.
PropCred Estimated Value
Comparable Sales: 404 Grand Junction Rd sold with 3/1/1 on 457 sqm; 408 Grand Junction Rd sold undisclosed on 812 sqm built 1953 | Property Price Band: $550k–$650k | Value Drivers: land size, parking configuration, condition and renovation scope
Bedrooms
3
Bathroom
2
Parking
2
Land
445m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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