46 Queen Street, Glenunga SA 5064

46 Queen Street, Glenunga SA 5064
46 Queen Street, Glenunga is a 4-bedroom, 2-bathroom single-story house built in 1956 on an 836m² rectangular lot with 2 car spaces, 2 living areas plus a separate dining room. The property sits in a premium suburb known for its leafy established character and high demand. This property is competitively positioned as a mid-century family home on a substantial lot in one of Adelaide’s most sought-after suburbs. The 4-bedroom configuration with dual living areas and a dedicated dining room is a practical layout that suits families well, especially those prioritising proximity to quality schools and parks. While the 836m² lot is smaller than many neighbouring estates that exceed 1000m², it is still generous and offers genuine potential for renovation or extension. The 1956 build suggests solid construction and character appeal, which attracts buyers looking for a project or a home with original features to update over time. This property serves best a family or investor seeking a foothold in a high-prestige suburb with strong capital growth history. The 1956 build age may materially affect value, as it likely requires updating in kitchens, bathrooms, and possibly electrical or plumbing systems. Buyers should weigh the cost of renovation against the benefit of securing a property in this location. The smaller lot size compared to typical Glenunga estates may also influence price, as larger blocks often command a premium. However, the absence of modern amenities like a pool or shed is not a significant detractor for the family buyer segment. The property’s single-story design and lack of specified orientation are neutral factors, but the overall demand for homes in this suburb remains strong, supporting value stability.
Detailed Independent Property Report prepared  by PropCred Analyst team for 46 Queen Street, Glenunga SA 5064
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Glenunga is an established, high-value suburb characterised by strong family occupancy and professional demographics, driving demand for premium housing. Recent market conditions show a slight softening in price growth, yet sales activity remains healthy, indicating sustained interest. Future growth is underpinned by its reputation and quality schooling, though the market faces headwinds from limited turnover in certain property segments.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

836m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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