46C Wear Avenue, Marden SA 5070

46C Wear Avenue, Marden SA 5070
3 bed townhouse | rear position | 3 car spaces | built 2012 | near CBD and good schools This townhouse offers a rare combination of a modern build with generous parking in a tightly held suburb close to the city. The rear positioning provides privacy often absent in newer developments, and the three car spaces are a genuine edge for owner-occupiers who value secure parking or have multiple vehicles. It suits a professional couple or small family seeking low-maintenance living within the Norwood Payneham and St Peters council area, where land values hold well relative to the CBD proximity. The main risk is the 185sqm land size, which limits future extension potential and means the property functions more as a strata unit than a house. Buyers should confirm the sinking fund and management structure before committing. The 2015 last sale date suggests limited recent turnover, so comparable evidence may be thin. For an investor, the $750 per week rental estimate supports a reasonable yield given the location, but capital growth will track the broader townhouse market rather than detached housing. Hold this property as a long-term home or rental income position, not for land banking.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Marden is a sought-after inner suburb offering exceptional convenience, positioned just minutes from the Adelaide CBD with strong transport links and proximity to key retail and recreational precincts. Demand is driven by a diverse mix of young families, singles, and established couples seeking a balanced urban lifestyle. The market has exhibited robust capital growth, particularly for houses, with conditions characterised by low stock levels and a tight rental vacancy rate. Future growth is anchored by its prime location and amenity, though constrained by very limited property supply, which intensifies competition.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

3

Land

185mยฒ

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