5 Jackson Street, Parafield Gardens SA 5107

5 Jackson Street, Parafield Gardens SA 5107
108 sqm internal area | Parafield Gardens house | Not currently marketed | Local street data fully available This property presents a compact, established house in a consistent suburban street, with its complete off-market status suggesting a potential negotiation advantage for a prepared buyer. The fully documented sales history for every property on Jackson Street provides a rare, transparent benchmark for valuation, making this a lower-risk analysis for an owner-occupier seeking entry into this suburb. It best serves a buyer prioritizing capital stability over premium growth, given the standard configuration and absence of noted premium features. The primary risk is the lack of specific property attributes, which obscures true condition and modern appeal, potentially necessitating significant capital expenditure. The opportunity lies in leveraging precise street-level comparable data to secure a price below the estimated valuation in a private treaty scenario. Acquire for long-term hold, as its value trajectory will be firmly anchored to the well-documented median movement of the immediate street. While no direct comparable sales for 5 Jackson Street are provided, the availability of full sales history, photos, and floorplans for all 32-33 properties on Jackson Street is analytically superior to typical suburb-level data. This allows you to precisely benchmark against nearly identical homes, establishing a highly credible value range for negotiation that mitigates overpayment risk.

Market Insight:

Parafield Gardens is a family-dominated northern Adelaide suburb with strong demand from mortgaged owners, comprising 39% of households. This demographic, with 50% couples with children, drives a competitive detached house market, evidenced by median prices of $708k-$795k and robust annual growth of 11.6%-24.1%. Houses sell in approximately 32 days, with rental yields at 3.8% and weekly rents rising 12%. Future growth is underpinned by high family population growth, though affordability constraints and interest rate sensitivity for mortgaged owners present key risks.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

644m²

Built

Recent Assessments