53 Centenary Circuit, Andrews Farm SA 5114
53 Centenary Circuit, Andrews Farm SA 5114
Compact two-level townhouse | Tenanted income stream to 2027 | Light-filled upper living | Small lot in growing suburb
This property functions as a well-configured townhouse in a corridor where compact, vertically arranged dwellings serve a distinct segment of the market. The upper-level open-plan living is positioned to capture natural light and elevated views, which is uncommon for townhouses of this era and adds genuine amenity. The 2011 build places it in a modern construction cycle with built-in robes and split-system cooling as standard inclusions. The current tenancy until January 2027 provides immediate rental certainty, making this particularly suitable for investors seeking a hands-off holding period in a suburb described as growing and family-oriented. First-home buyers and downsizers may also find the configuration appealing, though the compact lot and two-bedroom layout limit its appeal to larger families.
The value of this property may be influenced by its small lot footprint relative to detached houses in the same suburb, which could narrow the buyer pool to those comfortable with minimal ground-level outdoor space. The absence of a stated land area for this specific townhouse means the true site dimensions remain unclear, and comparable nearby lots show significant variability. The tenancy agreement extending to 2027 restricts immediate owner-occupier use, which may deter some buyers. The property’s positioning within a medium-density pocket rather than a detached-house corridor may also affect long-term capital growth, as larger lots in the area tend to command higher price bands.
Detailed Independent Property Report prepared by PropCred Analyst team for 53 Centenary Circuit, Andrews Farm SA 5114
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Andrews Farm is a young, family-oriented suburb in Adelaide’s north, characterised by strong population growth and high mortgage ownership. Demand is driven primarily by young working families, reflected in substantial annual sales volumes and a very active market. Recent price growth has been robust, supported by this sustained buyer interest. Future growth is underpinned by continued demographic expansion, though the market faces sensitivity to interest rates and affordability pressures given the high proportion of mortgaged owners.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
32m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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