60 Mahogany Circuit, Parafield Gardens SA 5107
60 Mahogany Circuit, Parafield Gardens SA 5107
60 Mahogany Circuit, Parafield Gardens is a 2015-built, single-level 4-bedroom, 2-bathroom house with a 219m² floorplan on a 375m² lot, featuring a master retreat with walk-in robe and twin-vanity ensuite plus two parking spaces. The property sits mid-range for land size in its street but offers a generous internal footprint for its era, making it a strong family-oriented configuration in a suburb dominated by similar 2010s builds.
The master retreat with its walk-in robe and ensuite is a genuine differentiator here, as most comparable homes in this price bracket offer standard master suites. This layout serves young families or downsizers who value private adult space without sacrificing the three additional bedrooms. The 2015 construction means modern insulation, wiring, and energy standards are already in place, reducing immediate upgrade costs. Within Parafield Gardens, this property occupies a sweet spot: it avoids the cramped 299m² lots found elsewhere on the street while not overextending on land that might push it into a different buyer pool. The consistent streetscape and quiet circuit location reinforce its appeal to buyers seeking predictable, low-maintenance suburban living.
The two parking spaces may limit appeal for multi-car families or tradies, as newer builds on this street offer three or four spaces. The 375m² lot leaves modest outdoor room, so buyers wanting a large backyard, pool, or shed should look elsewhere. The property’s 2021 sale price of $559,000 and subsequent market appreciation suggest strong capital growth, but current pricing may already reflect this trajectory. Without high-end finishes like stone benchtops or ducted air conditioning explicitly noted, the interior likely represents solid mid-range quality rather than premium. Buyers should verify the exact parking configuration and whether the master retreat adds genuine square footage or reallocates space from other rooms.
Detailed Independent Property Report prepared by PropCred Analyst team for 60 Mahogany Circuit, Parafield Gardens SA 5107
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
Market Insight
Parafield Gardens is a family-dominated northern Adelaide suburb with strong demand from mortgaged owners, comprising 39% of households. This demographic, with 50% couples with children, drives a competitive detached house market, evidenced by median prices of $708k-$795k and robust annual growth of 11.6%-24.1%. Houses sell in approximately 32 days, with rental yields at 3.8% and weekly rents rising 12%. Future growth is underpinned by high family population growth, though affordability constraints and interest rate sensitivity for mortgaged owners present key risks.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
375m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
Other Properties to Compare in This Area
Property buyers often compare multiple homes in the same local area before making a decision. These nearby property research pages are selected from the same postcode, nearby postcodes, or the same state where required.
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