7 Bolivia Cres, Paralowie SA 5108

7 Bolivia Cres, Paralowie SA 5108
3 bedrooms in Paralowie heart | 618mΒ² lot with subdivision potential | Inconsistent car space records | Sold recently after 77 days This property presents a straightforward purchase in a established suburb, with its core appeal being the substantial 618 square metre land parcel. The recent subdivision activity, with a separate lot listed for sale at the same address, signals immediate development potential or a recent split, making this relevant for buyers seeking land banking or future building options. The three-bedroom, one-bathroom house serves as a basic holding proposition, best suited for an owner-occupier comfortable with a dated configuration or an investor anticipating land value appreciation. Proceed with disciplined due diligence on the title to confirm the exact lot size and boundaries post-subdivision, and physically verify garage capacity, as records conflict between one and three spaces. The recent sale after a 77-day market period suggests standard buyer interest without intense competition. Acquire this property for its land value with a view to holding long-term; the existing house provides rental coverage while the suburb matures.

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

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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.
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PropCred Estimated Value

Bedrooms

-

Bathroom

1

Parking

-

Land

300mΒ²

Assessments Delivered Today

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