6 Ledger Road, Woodville South SA 5011
6 Ledger Road, Woodville South SA 5011
Detached house on freestanding land | Strong family rental demand | Subdivision pressure nearby | Mixed streetscape with infill | Established west-side suburb
This property sits in a pocket of Woodville South where older detached homes on generous allotments are increasingly rare, making it a sensible target for families wanting space close to schools, shopping, and transport. The surrounding stock suggests a solid mid-century build on a block that could suit either immediate occupation or future redevelopment, depending on its exact configuration. For a buyer seeking a long-term family home with rental flexibility, this house offers the kind of practical layout and landholding that tends to hold value well in this corridor. It serves best those who value established character over brand-new finishes, and who are comfortable with a streetscape that is gradually evolving.
The value picture may be shaped by how the land compares to nearby examples, where allotments have ranged from compact infill sites to substantial blocks with redevelopment potential. A flood overlay on a neighbouring property might warrant a closer look at drainage and insurance considerations, though this is not uncommon in the area. The absence of confirmed details around building age, internal condition, and exact land size means the final price could shift meaningfully depending on what an inspection reveals. Buyers should weigh the potential for subdivision or renovation upside against the likelihood of ongoing infill activity in the immediate neighbourhood.
|| Comparable Sales: 24 Ledger Road sold at $1.4M on 556m²; 9 Tunbridge Street under offer on 610m² | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, condition, redevelopment potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Ledger Road, Woodville South SA 5011
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Woodville South, 8km from Adelaide’s CBD and midway to the coast, sits in an inner-west corridor benefiting from New QEH services and strong school access. Demand is led by families, supported by household incomes above Greater Adelaide averages and a rental population of 26.2%. Houses have risen 5.32% annually to a median of $990,000, with units up 29.95% to $685,500; house yields sit at 3.52% and weekly rents at $640. A 0.32% vacancy rate, just two rental properties last month, and a 50% year-on-year drop in house stock signal acute supply constraint. That scarcity, alongside 46 median days on market, underpins pricing momentum. Growth drivers remain the suburb’s transport links and infrastructure upgrades, but the extreme inventory shortage—zero homes for sale last month—caps transaction activity and keeps turnover thin at roughly 50 sales per year.
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PropCred Estimated Value
Comparable Sales: 24 Ledger Road sold at $1.4M on 556m²; 9 Tunbridge Street under offer on 610m² | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, condition, redevelopment potential.
Bedrooms
2
Bathroom
1
Parking
1
Land
413m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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