57 Chartwell Cres, Paralowie SA 5108

57 Chartwell Cres, Paralowie SA 5108
Solid brick construction | 499m² massive block | 4 bed 2 bath post-2014 upgrade | Huge garage with extras This property presents a competitively strong offering within its suburb, defined by its above-standard configuration and substantial lot size. The solid brick construction and significant internal area, upgraded since its 2014 sale, position it as a durable, family-scaled house in a market of typically smaller stock. It serves the buyer seeking a long-term holding with immediate utility and minimal compromise on space, outperforming the typical Paralowie house in both room count and land component. The decision hinges on the 2014 transaction being the sole price reference, creating valuation ambiguity against its current, improved state. The commercial logic is acquiring a larger, modernized property where the cost of the past upgrade is already sunk, but you must independently verify its build quality and market alignment. Proceed with a structured offer contingent on a building inspection, targeting a hold period that capitalizes on its scarcity as a large-format family house in the area.

Market Insight:

Paralowie presents as a stable, affordable entry point into the Adelaide market, characterised by strong owner-occupier demand from young families. This is evidenced by high mortgage ownership rates and consistent house price growth, with the market demonstrating solid momentum as properties transact relatively quickly. Future performance will hinge on the suburb’s ability to maintain its affordability advantage while benefiting from broader metropolitan growth, though limited unit market activity suggests a narrower investment profile.

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

339m²

Built

Recent Assessments