52 Plenty Street, Risdon Park South SA 5540
52 Plenty Street, Risdon Park South SA 5540
A single-level 1962 three-bedroom, one-bathroom house on a 746-square-metre lot with four car parking spaces. The property is listed for sale below the suburb median house price.
The unusually high parking capacity is a rare competitive advantage in this suburb, where most houses provide one or two spaces, making the property well-suited for a household with multiple vehicles, a small workshop, or a buyer seeking flexibility. The lot size is generous within the local context, and the single-level layout offers practical living. The property is priced below typical suburb levels, which positions it as an entry-level opportunity for budget-conscious families or investors. The rental yield is strong, indicating consistent tenant demand for this price point, and the property sits in an established, quiet residential street.
The 1962 build age may require attention to structure, plumbing, or electrical systems, and the single bathroom could limit appeal for some families. The limited recent sales data on the street may reduce price transparency, though the broader suburb sales volume is reasonable. The high annual growth figure should be treated with caution as it may reflect a small sample. A buyer should weigh the cost of potential renovations against the below-median entry price and the property’s standout parking advantage.
Detailed Independent Property Report prepared by PropCred Analyst team for 52 Plenty Street, Risdon Park South SA 5540
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Risdon Park South is a high-growth, tightly held market where houses are transacting rapidly, indicating strong buyer urgency. This demand is driven by a highly affordable entry point and a severe rental shortage, creating a compelling investment case with robust yields. Recent capital growth has been exceptional, reflecting this intense competition for limited stock. Future performance will be anchored by its fundamental affordability, though the high proportion of mortgaged owners suggests potential sensitivity to economic shifts.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
671m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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