5/3 Jean Street, Pooraka SA 5095

5/3 Jean Street, Pooraka SA 5095
2-bed corner villa | low-maintenance footprint | tenant in place | Roma Mitchell Secondary zone This unit offers a rare corner allotment in a villa configuration, giving it more privacy and natural light than a standard strata unit. The 1977 build is solid, and the 98-square-metre internal area is generous for a two-bedroom villa. With a tenant already in place and a mid-point rental estimate of $510 per week, this property suits an investor seeking immediate yield or a first-home buyer wanting to move in later with a pre-verified rental history. The flood overlay is a known risk, but it does not preclude standard residential use or finance in most cases. The location in Salisbury council with FTTP NBN and 5G coverage supports modern working-from-home needs. The flood overlay may slightly limit future extension potential and could affect some lenders’ appetite without a flood report. This is a cost to the buyer of a few hundred dollars for due diligence. The property is not in a bushfire or heritage zone, which simplifies insurance and approvals. For an investor, the current tenancy provides immediate cash flow; for an owner-occupier, the low-maintenance yard and carport reduce ongoing costs. Hold this property as a long-term rental or entry-level home, and factor in a flood assessment before exchange.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Pooraka is a gentrifying suburb with strong appeal to young families and trades professionals, driving robust demand. This demographic shift, coupled with tight supply and ongoing development, has fueled significant recent price appreciation across both houses and units. Future growth is underpinned by its relative affordability and continued infrastructure investment, though constrained listings present a key market challenge.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

75mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat