5/19 Hindmarsh Terrace, Lightsview SA 5085
5/19 Hindmarsh Terrace, Lightsview SA 5085
This ground-floor apartment at 5/19 Hindmarsh Terrace, Lightsview, offers 2 bedrooms, 2 bathrooms, and 2 secure parking spaces on a 123m² lot. Built in 2016, it features plush carpet, built-in robes, and master balcony access. Yielding approximately 4.5% gross on current tenancy of $585/week until January 2027. Quiet street in a thriving inner north-east suburb.
This property is considered a strong option for low-maintenance modern living in Lightsview, a suburb characterised by newer housing stock. Its ground-floor configuration with two secure parking spaces is rare for apartments of this size, making it appealing to both owner-occupiers and investors. Certainty of income is provided by the existing tenancy at $585 per week until 2027, with the quiet street setting seen as an advantage within the thriving community. This unit is most suited to buyers seeking a turnkey investment or a low-upkeep residence. The 2016 construction and modern finishes are regarded as competitive strengths, positioning it well among similar housing in the area.
The value might be influenced by the property’s position on a 123m² ground-floor lot, which is considered typical for apartments but smaller than some houses. The long-term tenancy has been noted to provide stable income while potentially limiting owner-occupier appeal until 2027. Market conditions in Lightsview could affect achieved price, though recent comparable sales are thought to suggest a tight range. The 2016 build age and the absence of a prestige school catchment might be seen as constraints on capital growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/19 Hindmarsh Terrace, Lightsview SA 5085
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Lightsview is a modern suburb with strong appeal to young professionals and growing families, driving consistent demand. This demographic profile supports a robust market characterised by rapid price appreciation and brisk sales, with houses transacting particularly quickly. Future growth is underpinned by its established infrastructure and residential amenity, though its relative affordability compared to broader metropolitan areas presents a key consideration for sustained momentum.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
123m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!