8 Parkes Court, Evanston Gardens SA 5116

8 Parkes Court, Evanston Gardens SA 5116
4 bed, 2 bath, 2 living | 538mยฒ block, 232mยฒ build | 2012 former display home | premium finishes throughout | bushfire and flood overlay detected This property presents a compelling buying case due to its configuration as a former display home with premium finishes rarely found in this price bracket. The 232mยฒ building footprint on a 538mยฒ block provides above-average internal space, while the dual living areas, butlerโ€™s pantry, and retractable stacker doors to a decked alfresco offer genuine family functionality. The 6.6kW solar system, gas fireplace, and ducted reverse-cycle air conditioning reduce ongoing energy costs, strengthening the propertyโ€™s holding power for owner-occupiers. It is best suited to families seeking a move-in-ready home in a newer estate with strong indoor-outdoor flow and low maintenance grounds. The detected bushfire and flood overlays are the primary risks and require confirmation of insurance availability and cost before proceeding. While the street is 100% owner-occupied, suggesting stable neighbourhood character, the overlays may limit future resale pool. The asking range sits below the estimated value, which may indicate motivated selling or a price-to-sell strategy, creating a potential negotiation opportunity for a buyer willing to accept the overlay risk. The propertyโ€™s premium fit-out and energy features provide a buffer against market softening, making it a defensible purchase for the right buyer.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 8 Parkes Court, Evanston Gardens SA 5116
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Market Insight:

Evanston Gardens is a tightly held, family-oriented suburb where strong demand from mortgaged households is fuelling exceptional capital growth. This high-growth market is characterised by rapid sales, with houses transacting swiftly, reflecting intense competition. Future performance hinges on sustained affordability for local incomes, while the constrained supply of units presents a notable market limitation.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

538mยฒ

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