72 Ormond Avenue, Clearview SA 5085
72 Ormond Avenue, Clearview SA 5085
3-bed solid brick | 547sqm block | updated open-plan living | solar panels | Roma Mitchell zone
This property sits in a thin supply band: a solid-brick 1950s house on a full 547sqm lot with an updated interior that removes the immediate need for capital works. The open-plan layout with floating timber flooring and LED downlighting is not cosmetic-it reconfigures the floor plan to suit modern living, which is rare for a 1953 duplex-form house. For a buyer looking at Clearview, this competes directly with renovated villas in nearby Prospect or Enfield but at a lower entry point. It suits a homeowner who wants move-in condition with space to garden, or an investor chasing a 4.4% yield with solar panels reducing holding costs.
The flood overlay is the main structural risk-not a deal-breaker but it may affect insurance premiums and future redevelopment potential, so a SA Property and Planning Authority check is essential before bidding. The 184% value growth over ten years reflects strong suburb fundamentals, but the most recent sale at $593k in 2024 suggests the current asking range of $720kโ$820k is a step up that requires rental growth to justify for investors. The secure parking and built-in robes are standard, not differentiators. Hold this property for medium-term capital growth driven by land value and school catchment demand; the solar panels and updated kitchen give you a buffer against rising utility and renovation costs.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Clearview is a family-oriented suburb in northern Adelaide, characterised by a young demographic and a high proportion of renters. Demand is driven by young professionals and couples with children, supported by consistent annual sales activity. The market demonstrates solid price growth, with houses transacting relatively quickly, indicating sustained buyer interest. Future performance is underpinned by this demographic demand, though the market is concentrated in houses, with limited unit data presenting a constraint on broader market insight.