56 Norrie Avenue, Clovelly Park SA 5042
56 Norrie Avenue, Clovelly Park SA 5042
This 5-bedroom, 2-bathroom house with 4 car spaces is positioned in Clovelly Park SA. The property is suited to family living in an established residential setting.
Market Insight:
Clovelly Park’s demand is fuelled by its close-in Adelaide location, tight stock (around 1.5 months) and buyers chasing the 8–12% house growth seen over the past year, with the latest six-month picture still trending up. Investors and owner-occupiers are drawn by strong rental pressure, consistent vendor satisfaction and a structurally low supply profile that keeps competition high even with modest yields near 3.5%. Risks include stretched affordability (Years to Own roughly 46) and limited income returns, but scarce listings and a stable population backdrop support ongoing price resilience.