85 Daphne Road, Salisbury East SA 5109
85 Daphne Road, Salisbury East SA 5109
3-bed 1970s house on 620m² | established long-tenure street | flood overlay noted | strong rental demand at $570/wk | suited to families & investors
A compact yet functional three-bedroom layout is provided on a substantial 620-square-metre parcel. The land-to-dwelling ratio is considered a key strength, being increasingly uncommon in newer infill stock. The street profile is characterised by established owner-occupiers with long tenure. The property is positioned within the middle-to-upper tier of its local detached-house market, benefitting from a quiet residential character and proximity to a cluster of public and private schools. It is best suited to first-home buyers seeking a foothold with renovation potential, young families wanting a single-level home with outdoor space, and investors attracted to a reliable rental estimate of $570 per week. The simple footprint additionally appeals to downsizers who value a manageable floor plan without sacrificing garden area.
Value may be influenced by the detected flood overlay, which might affect buyer perception, insurance premiums, and resale filtering. The condition and finish standard of the 1973 build remain unknown, so the property is likely to be priced on land content and location rather than build quality. Future renovation opportunity is present, but any increase in value would depend on the extent of updating required. Rental yield is estimated at roughly 4.1 per cent, which may support investor interest but is not exceptional for the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 85 Daphne Road, Salisbury East SA 5109
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Salisbury East, in Adelaide’s northern corridor off Main North Road, is a family-oriented suburb of 9,273 residents and average household size 2.4. Demand is led by 30-39-year-old tradespeople and families, many with mortgages. The median house price is $730,000, with annual growth of 14.1%; 3-bedroom houses average 52 days on market, 4-bedroom 57 days. Recent sales include $830,000 and $936,000 for four-bedroom homes and $980,000 for five bedrooms; two-bedroom units are $450,000. Rent evidence shows $600 for three bedrooms and $690 for four, indicating consistent occupier demand. Supply is moderate at 137-163 sales annually and only 3-6 listings last month. Future growth is supported by Main North Road connectivity and population expansion of 3.35% from 2016 to 2021, but affordability is a constraint: median incomes are moderate against $730,000 prices, and 53% mortgage-holder prevalence leaves the market rate-sensitive.
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PropCred Estimated Value
Comparable Sales: 85 Daphne Rd (recent sale) $860k | Property Price Band: $800k–$900k | Value Drivers: land size, renovation potential, rental yield
Bedrooms
3
Bathroom
1
Parking
1
Land
620m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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