60 Alicia Street, Athol Park SA 5012

60 Alicia Street, Athol Park SA 5012
1952 built | 3 bed, 1 bath, 2 car | 319mΒ² lot with pool | Woodville High catchment | Strong rental demand. This house presents a competitively priced entry into a stable, inner-suburban market, best serving an investor or owner-occupier seeking established character with modern conveniences. Its smaller lot size is typical for the area, while the addition of a pool and dual car accommodation is a relative rarity that strengthens rental appeal and liveability. The property aligns with the suburb’s older housing stock, ensuring it meets broad market expectations without standing out for size or condition. The primary risk is the conflicting data on land size and bedroom count, which necessitates immediate verification through a title search and physical inspection to confirm the true asset envelope. The 2017 sale price provides a stark baseline for capital growth, and the estimated current valuation suggests substantial appreciation, supporting a hold strategy for medium-term equity gain. Proceed with an offer conditional on standard due diligence, targeting the lower quartile of the estimated range given the property’s age. A Propcred report would ground your offer with a precise valuation model and clarify locality risks like council zoning and insurability. Recent sales context: The property itself sold for $340,000 in April 2017. The adjacent, smaller lot at 60A Alicia Street carries an estimated value of $723,000. This comparison signals robust value growth for the area and supports the subject property’s higher current valuation, indicating a market with strong upward momentum.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Athol Park presents as a tightly held, entry-level suburb with a young demographic, where demand is driven by working professionals and investors attracted to its relative affordability. Recent price growth has been strong, reflecting a competitive market with low vacancy and declining stock levels. Future momentum hinges on sustained demand from this core demographic, though a modest population decline and limited sales activity suggest sensitivity to broader economic conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

319mΒ²

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