8 Jean Avenue, Paradise SA 5075
8 Jean Avenue, Paradise SA 5075
3 bed, 1 bath, 2 car spaces, 248m² building on 643m² land, single-storey house with pool and shed, built before 1986, in Paradise SA 5075.
This property is positioned in a leafy, family-friendly pocket of the north-eastern foothills, where modern homes are typical but older stock on larger lots is becoming less common. The single bathroom is a constraint compared to newer two-bathroom configurations, yet the generous land size, established outdoor entertainment area, and pool offer a lifestyle package that appeals strongly to families seeking space and character without the premium of a full renovation project. The absence of bushfire, flood, or heritage overlays simplifies ownership and insurance. The property serves best a buyer who values a solid, functional home in a green, well-connected suburb and is willing to accept a single bathroom in exchange for a larger block and outdoor amenities.
The land size variance between sources may introduce a slight caution for lenders or insurers, though the higher figure is used here. The 1986 sale history means the property has likely not been transacted in a modern market, so its price discovery relies on broader suburb activity rather than street-level comparables. The estimated rental yield of around 3.5% is moderate for the area, which may affect investor appetite but not owner-occupier demand. The single bathroom could narrow the buyer pool slightly, but the overall package remains competitive for its price point within the suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Jean Avenue, Paradise SA 5075
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Paradise is a well-established family suburb with strong recent capital growth, driven by demand from middle-aged households seeking larger homes. The market is active, with solid sales volumes and a preference for three and four-bedroom houses, which move relatively quickly. Future performance will likely hinge on the continued appeal to this core demographic and broader economic conditions affecting mortgage holders.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
643m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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