73 Lennox Drive, Paralowie SA 5108

73 Lennox Drive, Paralowie SA 5108
Built 1990 | 58% site coverage | 326mยฒ building footprint | 145mยฒ internal area | 567mยฒ lot. The houseโ€™s unusually large building footprint relative to its land size is its primary competitive edge, offering a rare configuration for a 1990 build in Paralowie. The 326mยฒ total building area, with 145mยฒ internal, suggests generous under-roof outdoor or garage space, which can be leveraged for storage, workshop, or future conversion potential. This property suits buyers seeking a solid, single-level family home with above-average spatial utility, in a street dominated by long-term owner-occupiers. The reliable NBN HFC and 5G coverage add practical appeal for remote workers. The main risk is the high site coverage at 58%, which limits scope for significant extension or subdivision without council approval. The absence of flood or heritage overlays is neutral but not a value driver. The auction format on 12 May creates a tight decision window, and the 10-day listing history signals either a motivated vendor or a market test. For a buyer, the opportunity lies in acquiring a well-proportioned house on a functional lot in a stable, owner-occupied street. Hold for steady rental yield or family use; avoid expecting land-banking upside.

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

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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

3

Bathroom

2

Parking

2

Land

567mยฒ

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