47 Kay Avenue, Berri SA 5343
47 Kay Avenue, Berri SA 5343
47 Kay Avenue, Berri | 3-bedroom house likely | Riverland town convenience | Affordable regional market | Buyer pool of locals and investors
What stands out here is the practical, everyday appeal of a detached house on a decent-sized block in a regional service town. Kay Avenue places you close to the Riverland Central Plaza and the main retail and medical precinct, which is a genuine convenience advantage for daily living. The street itself carries a mix of older established homes and some renovated stock, so a well-presented property in this location tends to attract families, downsizers, and first-home buyers who want space without paying metro prices. The configuration you would expect—three bedrooms, one bathroom, and room for two cars—suits a broad range of households, and the larger allotment gives you outdoor flexibility that units or townhouses in the area simply cannot offer.
The value picture here is shaped by condition and presentation more than anything else. A house that has been updated with a modern kitchen, decent heating and cooling, and a functional layout will sit at the higher end of the local market, while one needing work will appeal to buyers looking for a project at a lower entry point. The market in Berri is affordability-led, so price sensitivity is real, but the limited turnover in the street means well-kept properties do not linger. You might also weigh the land size and whether the block offers room for a shed, parking, or future extension, as those factors tend to move the needle for local buyers more than cosmetic details.
|| Comparable Sales: 35 Kay Avenue sold around $400,000; 79 Kay Avenue benchmarked near $650,000 | Property Price Band: $300,000–$400,000 | Value Drivers: condition and renovation level, land size, proximity to town centre
Detailed Independent Property Report prepared by PropCred Analyst team for 47 Kay Avenue, Berri SA 5343
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Berri, in SA’s Riverland, is a lower-priced, stable market anchored by the Old Sturt Highway. Demand skews older: 35% of residents are over 55, and 43% are childless couples, while 41% rent, supporting investment interest via a 5.75% gross house yield. The median house price is $380,000 with 12.18% annual growth; houses sell in 42–63 days on 78–82 sales. A 7–12 government school and a smaller ungraded school underpin family and lifestyle demand. Future growth hinges on Riverland infrastructure links and rental demand, but constraints are supply-rate sensitivity: house prices range from $369,000 to $400,000, and growth varies widely from 8.83% to 17.6%, indicating a thin, price-sensitive market vulnerable to rate shifts.
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PropCred Estimated Value
Comparable Sales: 35 Kay Avenue sold around $400,000; 79 Kay Avenue benchmarked near $650,000 | Property Price Band: $300,000–$400,000 | Value Drivers: condition and renovation level, land size, proximity to town centre
Bedrooms
3
Bathroom
2
Parking
2
Land
1020m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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