5/371 Angas Street, Adelaide SA 5000

5/371 Angas Street, Adelaide SA 5000
3 bed 2 bath row house on 128m² lot built 1999|1 car space, NBN fibre, 5G coverage|Adelaide High School catchment|Strong rental demand signals $1k pw yield| Spacious configuration with 1 living area, ensuite and 2 toilets suits downsizers, young professionals or investors seeking city fringe lockup garage living. Positions well in central residential zone near Gilles St Primary (1.1km), Botanic High (1.6km) and Adelaide High (2.6km), appealing to families valuing government school access amid professional demographics. Walkable to CBD amenities, parks, hospitals but noise from Angas St traffic a drawback. No flood, bushfire or heritage risks. Demand steady for modern townhouses here, driven by urban infill and rental shortages yielding solid returns. Growth from nearby projects like Adelaide Oval upgrades and east end revitalisation boosts potential. Opportunities in value-add renovations; low maintenance suits hands-off owners. Risks limited to street-level parking constraints.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5/371 Angas Street, Adelaide SA 5000
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk 2
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Adelaide 5000 demand remains underpinned by chronic inventory shortages and tight rental dynamics; CoreLogic shows city dwellings up 1.2% in January and 4.7% over the quarter to February 2026 while just 19 houses listed versus 2,877 registered buyers keeps competition intense. (( Investors and owner-occupiers are buying because the CBD’s proximity to universities, government desks and cultural precincts supports $680/week rents that rose 4.6% year-on-year, while the $300m 200 North Terrace towers and the state’s $500m apartment construction underwriting keep the infill pipeline visible. (( The biggest risk is the new expectation that the RBA will lift the cash rate to around 3.85%, which can test first-home buyers, yet the same supply squeeze keeps well-timed buyers able to capture renewed value as stock stays tight. ((
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

128m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat