7 Tracey Avenue, Flinders Park SA 5025
7 Tracey Avenue, Flinders Park SA 5025
1969 house | 644m2 land | 4 car spaces | 283m2 building footprint | no overlays detected
This property is presented with a rare combination of generous land and substantial building footprint within an older inner-west suburb. The house, built in 1969, is positioned on a 644 square metre allotment with a 283 square metre building size, giving a site coverage of about 44 per cent that is unusual for its period. Four car spaces are offered, including two under carport and one in a garage, adding practical utility for households with multiple vehicles. The property is best suited to family owner-occupiers or renovators who are able to appreciate the potential of a single-level home on a wide, unencumbered site, without heritage or overlay constraints.
Value may be affected by the original 1969 fabric and a single-bathroom configuration, which might limit appeal for those seeking a move-in-ready home. The absence of confirmed renovations could mean that any condition upgrades are yet to be demonstrated, so a careful inspection is advisable. The generous land size might support future extensions or redevelopment, but planning limits should be the focus of any feasibility assessment. The building’s large footprint may also carry higher maintenance expectations, which could factor into the price consideration.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Tracey Avenue, Flinders Park SA 5025
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
The suburb’s median house price sits near $1m, with annual growth between 4.2% and 19.5% across providers. Demand is family-led: couples with children make up 48% of households, professionals dominate, and population rose 12.5% from 2016–2021. Transactions are thin at 53–89 sales yearly, with houses selling in 42–84 days. Vacancy is 0.59%, rental yields on houses are 3.5%, and median weekly rent is $650. Future growth relies on continued family migration and income gains (up 32.4% in five years). Key constraints are rate sensitivity—median monthly repayments of $1,733—plus a 33% year-on-year jump in listed housing stock and car dependence (78.5% drive). This points to steady, not speculative, appreciation.
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PropCred Estimated Value
Comparable Sales: 7 Drake Avenue, Flinders Park, sold $1,185,000 | Property Price Band: $1.1M–$1.2M | Value Drivers: Land size, condition, floorplan flexibility
Bedrooms
3
Bathroom
1
Parking
5
Land
609m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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