44 Wyatt Road, Parafield Gardens SA 5107
44 Wyatt Road, Parafield Gardens SA 5107
44 Wyatt Road, Parafield Gardens is a single-storey, three-bedroom, one-bathroom house with one parking space on an expansive 860-square-metre allotment, built in 1977 and thoughtfully updated. Its land size is a standout feature in a sought-after suburb, attracting families, first-home buyers, and investors.
The expansive 860-square-metre block is competitively rare for this area, offering space, comfort, and versatility that distinguishes it from typical redevelopment parcels. The property sits proudly on its allotment, and its thoughtful updates modernise a 1977 build for family living. This configuration serves families seeking room to grow, first-home buyers wanting land without a full renovation, and investors targeting stable demand in a popular, family-oriented suburb. The property’s positioning within Parafield Gardens leverages the suburb’s established character and ongoing appeal.
Factors that might materially affect value include the single-bathroom configuration, which may limit appeal for larger families or those prioritising convenience. The 1977 construction era could present energy efficiency considerations, though the updated status mitigates some concerns. The property’s expansive land size might attract redevelopment interest, potentially influencing price expectations. Buyers should weigh the balance between the land’s potential and the existing home’s layout, as the single-storey, three-bedroom design may not suit every buyer profile. The lack of specific internal amenity details, like air conditioning or laundry setup, means a thorough inspection is essential to assess true condition and value.
Detailed Independent Property Report prepared by PropCred Analyst team for 44 Wyatt Road, Parafield Gardens SA 5107
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Parafield Gardens is a family-dominated northern Adelaide suburb with strong demand from mortgaged owners, comprising 39% of households. This demographic, with 50% couples with children, drives a competitive detached house market, evidenced by median prices of $708k-$795k and robust annual growth of 11.6%-24.1%. Houses sell in approximately 32 days, with rental yields at 3.8% and weekly rents rising 12%. Future growth is underpinned by high family population growth, though affordability constraints and interest rate sensitivity for mortgaged owners present key risks.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
860m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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