52 Tiara Street, Lightsview SA 5085

52 Tiara Street, Lightsview SA 5085
Modern tri-level townhouse | Lake-adjacent pocket | Low-maintenance living | Compact footprint | Strong rental appeal This property sits in one of Lightsview’s most walkable and amenity-rich pockets, close to Waterford Lake, parks, and the community sports centre. The tri-level layout is typical of the area’s newer stock, and it works well for buyers who prioritise space efficiency over outdoor upkeep. The Torrens title adds a layer of ownership simplicity that many comparable strata properties lack, which tends to support resale interest. It suits first-home buyers, young families, or professionals wanting a contemporary, lock-and-leave lifestyle without compromising on modern finishes or location convenience. The compact land footprint is the main factor to weigh, as it limits outdoor expansion and may feel tight for those used to traditional yards. The multi-level design may also be a consideration for older buyers or anyone seeking single-level living. That said, the modern build era, quality fixtures, and strong rental demand in the area could support price resilience. Buyers should weigh the convenience and presentation against the smaller lot, and consider how the layout fits their daily routine before forming a view on value. || Comparable Sales: 37 Tiara Street sold $792,000 in 2024; 86 Tiara Street sold in similar range | Property Price Band: $780K–$880K | Value Drivers: Torrens title, modern condition, lake proximity, layout efficiency
Detailed Independent Property Report prepared  by PropCred Analyst team for 52 Tiara Street, Lightsview SA 5085
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk ! 1
Income Risk 2
Execution Risk ! 1
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Market Insight

Lightsview attracts young professionals: 35% of residents are aged 20–34, the dominant cohort is 30–39, and 42% of households are couples with children; 49% are purchasers. Houses have risen 11.0% in a year to a $756,000 median, with 12.7% compound growth; units are $534,000. Sales volumes are moderate at 84–132 annually, yields are 4.2% houses and 4.8% units, and houses sell in 30 days. Road access via East Parkway and Rapid Avenue supports commuter demand, pointing to continued momentum. Risks include a 2.18% population decline to 6,090 in 2021, prices above state averages, and a boomscore of 52/100: healthy but not overheated. With 18 rentals and 13 house sales last month, supply remains fluid.
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PropCred Estimated Value

Comparable Sales: 37 Tiara Street sold $792,000 in 2024; 86 Tiara Street sold in similar range | Property Price Band: $780K–$880K | Value Drivers: Torrens title, modern condition, lake proximity, layout efficiency

Bedrooms

3

Bathroom

2

Parking

1

Land

151m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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