8 Meretta Lane, Andrews Farm SA 5114
8 Meretta Lane, Andrews Farm SA 5114
3/2/2 modern detached house|300m² lot with 2011 build|Single garage plus open space|Flood overlay applies|Rendered brick low-maintenance appeal
A modern 2011-built detached house on a 300m² lot is presented with three bedrooms, two bathrooms, and double parking represented by a single garage plus one open space. Its rendered brick facade is complemented by a level, low-maintenance garden. Zoned as Master Planned Neighbourhood, the property sits within a planned suburban estate that suits first-home buyers and investors alike. The 3/2/2 configuration is practical for small households, while FTTP NBN and 5G connectivity reinforce its contemporary credentials. Its compact footprint is typical of the suburb’s newer housing stock rather than larger family-lot product.
The flood overlay may be weighed for future development or insurance, though its effect on current living is minimal. The floor-area discrepancy between 131m² and 108.7sqm might be interpreted differently by buyers. The single garage plus open space may be considered tight for two-car households. These factors might temper price expectations, while a stable value is supported by the modern build.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Meretta Lane, Andrews Farm SA 5114
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Andrews Farm, a northern Adelaide suburb, is family-dominated: population grew 8.16% from 2016-2021 and the largest cohort is under nine. Buyers are primarily young working families—81% of owners hold mortgages, average household size is 2.9. Demand is supported by active turnover, with 201 house sales to December 2025. Prices have risen sharply: median house $660,000–$688,000 with annual growth of 14.5–15.7%; units $492,500, up 19.4% over the year. Houses sell in a median 34 days. Rental yields are moderate at 4.5–4.7%, with median weekly rents of $570 (houses) and $480 (units). Future growth drivers include population momentum and consistent sales volumes. Constraints: high mortgage dependence creates rate sensitivity, and affordability is stretched against local incomes. Supply is steady, with 20–27 monthly listings.
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PropCred Estimated Value
Comparable Sales: a comparable 2011-built 3-bed house sold for $640k; another 3-bed on a 300m² lot sold for $615k | Property Price Band: $600K–$700K | Value Drivers: condition, land size, layout, flood overlay
Bedrooms
3
Bathroom
2
Parking
2
Land
300m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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