5 Bacton Street, Evanston SA 5116

5 Bacton Street, Evanston SA 5116
3-bed solid brick | 621sqm with shed access | ducted reverse-cycle air | first-home or investor fit | established Gawler pocket This is a straightforward, honest house in a settled part of Evanston, and its main strength is that it doesn’t try to be anything else. The solid brick construction, high ceilings, and timber-look flooring give it a more durable feel than many comparable older homes, while the open-plan kitchen and meals area keeps the layout practical for daily living. The 621sqm block is genuinely useful, especially with the freestanding carport and shed access, which adds flexibility for storage, a workshop, or even a future side-access opportunity. It’s the kind of property that suits a first-home buyer wanting something move-in ready without paying a premium for cosmetic upgrades, or an investor after steady rental demand rather than speculative growth. In a suburb where much of the stock is similar vintage, this one holds its own through condition and land utility rather than standout features. The value picture here is shaped by a few quieter factors. The age of the house may mean older wiring, plumbing, or roof sheeting that isn’t immediately visible, and the flood overlay noted on nearby properties suggests the pocket has some drainage sensitivity worth checking before committing. The rental estimate of $500 to $550 per week is realistic for the area but not exceptional, so the investment case rests more on land holding than yield chasing. The lack of a formal build year or floor-level statement in the listing means a buyer should verify these details directly, as they can influence both insurance costs and renovation planning. The price band for this type of property in this pocket has been fairly consistent, so the main negotiation lever is condition, not scarcity. || Comparable Sales: 14 Bacton Street sold at $510,000 in Nov 2025 | Property Price Band: $500,000–$600,000 | Value Drivers: land size, solid brick condition, shed and carport utility, rental income potential
Detailed Independent Property Report prepared  by PropCred Analyst team for 5 Bacton Street, Evanston SA 5116
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✓
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Evanston SA 5116 is a tightly held market, with annual house sales volume of 42 to 61. Median house prices range from $598,000 to $650,000, with annual growth of 14.7% to 18.2%. Houses sell in 26 to 32 days on average, reflecting strong buyer competition. Rental yields for houses sit between 4.2% and 4.64%, attracting investor demand; 62% of owners hold a mortgage, indicating a mortgage-driven owner-occupier base. The unit market is effectively inactive, with fewer than 5 sales recorded, leaving no reliable pricing or yield data. That thin transactional base, combined with a high share of single-person households (37%) and small household size (2.2), points to a market sensitive to interest rate changes and limited supply churn. Future growth drivers remain unquantified in available data.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Comparable Sales: 14 Bacton Street sold at $510,000 in Nov 2025 | Property Price Band: $500,000–$600,000 | Value Drivers: land size, solid brick condition, shed and carport utility, rental income potential

Bedrooms

3

Bathroom

1

Parking

1

Land

621m²

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