85 Cypress Drive, Parafield Gardens SA 5107
85 Cypress Drive, Parafield Gardens SA 5107
This is a 2021-built, single-level detached house with three bedrooms, two bathrooms, a single garage, 182 square metres of floor area on a 321 square metre lot. It includes solar panels and modern kitchen finishes, including an island bench and walk-in pantry.
This property is competitively strong for its modern, low-maintenance configuration at only five years old, which appeals directly to young families and downsizers seeking single-level living without renovation demands. It sits within a newer subdivision where homes of similar age and style dominate, making it a standard offering that is slightly smaller in floor area than some premium equivalents nearby. The presence of solar panels and a modern kitchen with a walk-in pantry are genuine advantages that reduce ongoing costs and increase daily liveability. This property serves best those prioritising immediate comfort, energy efficiency, and school proximity over maximum internal space or a second garage bay.
The single-car garage may limit appeal for families with multiple vehicles or those requiring extra storage, potentially narrowing the buyer pool and softening price growth relative to two-car alternatives. The smaller floor area compared to some other recent builds in the street might also be weighed by value-conscious buyers, though the modern finishes and solar system partially offset this. Rental yield is moderate at around 3.5%, which may not satisfy investors seeking higher returns, but owner-occupiers should find the property competently priced within its segment. No zoning or overlay constraints are present, offering straightforward ownership.
Detailed Independent Property Report prepared by PropCred Analyst team for 85 Cypress Drive, Parafield Gardens SA 5107
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Parafield Gardens is a family-dominated northern Adelaide suburb with strong demand from mortgaged owners, comprising 39% of households. This demographic, with 50% couples with children, drives a competitive detached house market, evidenced by median prices of $708k-$795k and robust annual growth of 11.6%-24.1%. Houses sell in approximately 32 days, with rental yields at 3.8% and weekly rents rising 12%. Future growth is underpinned by high family population growth, though affordability constraints and interest rate sensitivity for mortgaged owners present key risks.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
321m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!