5 Cassie Street, Collinswood SA 5081
5 Cassie Street, Collinswood SA 5081
Built 1900 | 394m² land | No overlays | Auction 2 May
The property is a 147m² house on a compact block, its age introducing structural risk that will cost a buyer in maintenance and retrofitting, particularly to meet modern energy standards. The lack of flood, bushfire, or heritage overlays reduces regulatory friction, but the 37% building coverage limits future expansion. This property is best held as a long-term family home rather than a development play.
Its strength is location within Walkerville and Adelaide High School zones, rare for a property priced under $1.6m in this pocket of Collinswood. The 2 living areas and 2 garage spaces make it competitive for a young family seeking immediate move-in condition without renovation. This property serves buyers prioritising school catchment and street appeal over square footage
The valuation range of $1.51m to $1.8m, combined with a potential $910 weekly rent, suggests the asking price sits near the lower end of fair value—a sensible entry for an owner-occupier. To secure it, pre-approval is advised given the auction format and 10 days of market exposure.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Cassie Street, Collinswood SA 5081
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Collinswood is a tightly held, family-oriented suburb experiencing exceptional capital growth, driven by strong demand from young professional families within a low-supply Adelaide market. This demographic is attracted by its established character and proximity to amenities, creating a competitive sales environment with properties moving quickly. Future growth is underpinned by Adelaide’s broader market momentum and sustained family demand, though the suburb’s high price point and limited stock present inherent affordability and supply constraints.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
4
Land
394m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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