74 Cleveland Terrace, Ottoway SA 5013

74 Cleveland Terrace, Ottoway SA 5013
74 Cleveland Terrace | 56% site coverage | solar panels detected | dual-living potential | Woodville High catchment This property presents a rare configuration advantage in Ottoway, where 56% building coverage on a 487mยฒ site signals generous internal volume and potential for dual-occupancy or future subdivision, given the adjacent 74A’s similar footprint. The four-bedroom, two-bathroom layout with two living areas and a study suits multi-generational or home-office buyers, while solar panels add operational efficiency. Its location between Port Adelaide and western beaches, within Woodville High catchment, positions it for family demand in a corridor with tightening supply. The flood overlay is a specific risk requiring due diligence on insurance and drainage, though no bushfire or heritage constraints apply. The 2017 purchase history suggests potential for equity growth in a rising market, but the 7-day listing period may indicate either strong early interest or a need for price adjustment. The secure garage and shed offer practical storage, but the 1948 build may require updates beyond cosmetic.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 74 Cleveland Terrace, Ottoway SA 5013
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Market Insight:

Ottoway is a tightly held northern Adelaide suburb with a young, working demographic. Demand is driven by local families and first-home buyers seeking established three-bedroom homes, evidenced by consistent sales activity. The market exhibits strong price growth and low stock levels, creating competitive conditions. Future growth is supported by this sustained demand, though affordability pressures and mortgage rate sensitivity present potential constraints given current price points.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

1

Land

487mยฒ

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