69 Wandana Avenue, Gilles Plains SA 5086

69 Wandana Avenue, Gilles Plains SA 5086
1966 brick home | 538sqm block | 19% building coverage | solar & AC The property’s low 19% building coverage on a 538sqm fully fenced lot provides rare reconfiguration potential in Gilles Plains, with the 1966 build offering a solid footprint for extension or rear development. Three bedrooms, two bathrooms, and secure parking for three cars serve families or investors well, while the absence of bushfire, flood, or heritage overlays reduces regulatory friction. Solar panels and ducted air conditioning lower ongoing costs, and reliable NBN and 5G coverage support modern living. The May 2024 sale at $760,000 sets a clear recent benchmark, with the current valuation at $893,000 reflecting market movement—buyers should assess whether the property’s condition justifies this premium. The 80% confidence satellite data introduces some uncertainty around building specifications, warranting a physical inspection. The on-site auction format on 30 May 2026 may create competitive pressure, but the land-to-building ratio presents a genuine opportunity for value-add through renovation or subdivision, particularly given the residential zoning and absence of overlay constraints.
Detailed Independent Property Report prepared  by PropCred Analyst team for 69 Wandana Avenue, Gilles Plains SA 5086
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Gilles Plains is a high-demand residential suburb, characterised by strong house price growth significantly outpacing its more modest unit market. Demand is driven by Adelaide’s broader market momentum, with steady buyer activity and limited supply creating competitive conditions. Future growth is underpinned by this sustained demand within a supply-constrained city, though the suburb’s sensitivity to broader affordability pressures remains a key consideration for prospective buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

3

Land

538m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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