51 Gardner Street, Plympton SA 5038
51 Gardner Street, Plympton SA 5038
1965 Torrens-title house | 659–673 m² land | 3 bed, 1 bath, 129 m² | deep backyard, extension scope | ducted heating/cooling
This is a solid, older family house on a genuinely large block, which is the standout feature here. In a suburb where much of the stock is units and apartments, a detached 1960s home with this much rear yard and parking capacity is comparatively rare. The configuration suits an owner-occupier who wants space, a quiet street, and the freedom to renovate or extend without strata constraints. The ducted climate control and Torrens title add practical comfort and long-term flexibility. It is best positioned for a family or buyer seeking land-led value in an established inner-west location.
The land size discrepancy between listing and sales records is worth noting, though both figures place it well above typical unit offerings nearby. The 3-bed, 1-bath layout may limit appeal to some modern buyers, but the deep backyard and potential for a rear extension or pool could offset that. Rental demand appears solid given the quoted weekly estimate, which suggests the house holds income potential. Condition and presentation will likely drive how much of the land’s upside is realised, and any renovation costs should be weighed against the suburb’s general price ceiling.
Detailed Independent Property Report prepared by PropCred Analyst team for 51 Gardner Street, Plympton SA 5038
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Plympton sits on Adelaide’s inner-south corridor, anchored by Anzac Highway and Marion Road commercial hubs. Demand is driven by rapid turnover—59 houses and 90 units sold in the past year—and strong momentum, with house prices up 23.2% and units up 33.8% annually. The median house price is $1.17 million; units average $580,500. Houses sell in 27 days, reflecting tight supply, with only seven listings currently. Rental yields are modest—2.9% for houses, 4.2% for units—and house rents fell 2.9%, signalling landlord caution. Future growth hinges on infrastructure and scarce stock, but high entry prices, rate sensitivity, and low house yields constrain upside.
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PropCred Estimated Value
Comparable Sales: 31 Gardner Street sold at $1.218M; 51 Osborn Terrace marketed $1.29M–$1.35M | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, rear yard extension potential, established street character
Bedrooms
3
Bathroom
1
Parking
2
Land
659m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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