48 Admiralty Circuit, Smithfield SA 5114

48 Admiralty Circuit, Smithfield SA 5114
48 Admiralty Circuit is a 3-bedroom, 2-bathroom single-storey house built in 2009 with a 172m² floor area on a 415m² lot. It offers 4 parking spaces (2 internal, 2 external), ducted heating and cooling, reverse-cycle air conditioning, a dishwasher, a courtyard, and is fully fenced. A flood overlay is recorded for the land. The property’s most competitive feature is its 4 parking spaces-rare for a 2009 suburban home and a clear draw for owners with multiple vehicles or a workshop need. The ducted HVAC and modern finishes place it above many older Smithfield houses, while the courtyard and fully fenced yard suit families with children or pets. Positioned in an outer‑north Adelaide suburb typical of 2005‑2010 development, the house serves best first‑home buyers or young families seeking an affordable, move‑in ready home with practical extras. The flood overlay is a known constraint but does not affect day‑to‑day livability; it primarily influences future development potential. The flood overlay may affect long‑term value growth by limiting major extensions or new structures without additional approvals, and insurance premiums might be slightly higher than for non‑flood properties. Otherwise, the house’s solid 2009 build standard, ample parking, and efficient climate control keep it competitively priced within the suburb. A buyer should weigh the overlay’s impact on resale against the clear benefit of a modern, low‑maintenance home with rare parking capacity.
Detailed Independent Property Report prepared  by PropCred Analyst team for 48 Admiralty Circuit, Smithfield SA 5114
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk
Income Risk
Execution Risk
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Market Insight

Smithfield presents as an affordable, family-oriented suburb in northern Adelaide, with demand driven by young households seeking value. Recent price growth has been robust, supported by strong sales volumes and a healthy, balanced market. Future capital growth is expected to be steady, though it may be tempered by the suburb’s established profile and moderate supply levels.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

415m²

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