495 Salisbury Highway, Parafield Gardens SA 5107
495 Salisbury Highway, Parafield Gardens SA 5107
3 bed/1 bath on 800m² lot|3 car spaces, 1971 build|Parafield Gardens High catchment|Rental at $550pw signals steady demand|
Classic 3-bedroom house with single bathroom and generous 800m² lot offers space for families seeking affordability in a residential pocket. Built in 1971 at 174m² with 22% site coverage, it includes carport plus two open spaces, appealing to first-home buyers or young families needing room to grow. Positioned on a main highway with reliable NBN and 5G, it suits budget-conscious renters or owners prioritizing proximity to Karrendi Primary
Detailed Independent Property Report prepared by PropCred Analyst team for 495 Salisbury Highway, Parafield Gardens SA 5107
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Parafield Gardens demand is underpinned by a tiny 0.48-month inventory, sub-20-day marketing time and a 100% clearance rate, so buyers still act fast whenever stock appears. (( With houses trading near $783,500?$785,000 and annual growth of about 12?13%, the last six months have simply extended that upward bias as buyers chase the mid?$700,000 bracket before values hit Salisbury fringe peaks. (( Solid yields near 4% and moderate new approvals keep upside intact, but those same supply constraints mean any new discounting or a pause in demand could quickly cool momentum, so monitor listings before committing. ((
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
805m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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