5-11 Grandstand Circuit, St Clair SA 5011
5-11 Grandstand Circuit, St Clair SA 5011
3 bed townhouse | 2 car secure parking | 147 m² modern layout | 1,562 m² shared land | $675/week rent potential
This townhouse sits at the stronger end of St Clair’s contemporary infill stock, offering three bedrooms, two bathrooms, and two secure car spaces—a configuration that appeals directly to young families and downsizers who want more room than the typical two-bedroom unit in this pocket. The internal finishes are practical and current: floorboards, ducted heating and cooling, reverse-cycle air conditioning, and a dishwasher, all wrapped in a low-maintenance courtyard setting with full fencing. Its position within a 13-home estate on a larger land parcel means shared grounds and a newer build character, which suits buyers prioritising convenience and modern living over established character homes. The location, roughly nine kilometres from the Adelaide CBD and airport, places it well for commuters, while the confirmed school catchment for Woodville Primary and High School strengthens its family appeal. This property is best suited to owner-occupiers seeking a move-in-ready townhouse with rental resilience, given the estimated weekly rent of $675.
The value picture may be shaped by a few factors worth weighing. The land figure of 1,562 m² likely reflects the broader development parcel rather than the individual townhouse footprint, so the property’s true land entitlement is smaller—buyers should clarify the strata lot size when forming a price view. The absence of stated aspect or construction year means outlook and build quality are unverified, which might temper offers if comparable stock in the estate presents more favourably. The recent sale of a similar three-bedroom townhouse on the same circuit at $350,000 appears an outlier and should not anchor expectations, while another nearby townhouse sold at $676,000 suggests the local market supports a wide range. The implied gross yield near 3.9% aligns with the suburb’s typical range, indicating reasonable rental demand, but the lack of heritage, flood, or bushfire overlays is a positive that reduces risk. Buyers might also consider that the estate’s newer design and shared infrastructure could carry body corporate fees, which are not detailed here and may affect ongoing costs.
Detailed Independent Property Report prepared by PropCred Analyst team for 5-11 Grandstand Circuit, St Clair SA 5011
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
St Clair SA 5011 holds a tightly held house market, with just 23 sales over the past year and a median price of roughly $1.1 million. Annual capital growth is exceptionally strong, ranging from 20.7% to 33.4% depending on the source, while houses average 36 days on market, signalling robust buyer competition. Units offer a lower entry point at $684,500, with median growth of 29.2%. Rental demand is solid, with house yields at 4.05% ($650 weekly) and units at 4.93% ($600 weekly), pointing to a mix of investor and owner-occupier demand. However, limited stock turnover and rapid price appreciation suggest supply constraints and heightened rate sensitivity are key risks, with affordability now a binding constraint on future growth.
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PropCred Estimated Value
Comparable Sales: 6 Grandstand Circuit sold $676,000; 11 Crompton Drive sold $1,205,000 | Property Price Band: $800K–$900K | Value Drivers: three-bedroom layout with two bathrooms, modern finishes, secure parking, and rental income potential
Bedrooms
3
Bathroom
2
Parking
2
Land
1562m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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