9/22 Cambridge Street, North Adelaide SA 5006
9/22 Cambridge Street, North Adelaide SA 5006
Ground floor townhouse in a garden group at 22 Cambridge Street, North Adelaide. Two bedrooms, one bathroom, single carport. Built in 1985 from solid brick, it spans 71 square metres. Set within a complex of 39 units, this property sits at an entry point in a suburb defined by prestige school catchments and a young professional demographic.
The competitive position of this property is defined by its inclusion in the catchment for North Adelaide Primary and Adelaide High School both consistently high-performing public schools. Sustained demand from families and investors is generated by this location. The ground floor position and garden setting are offered for a quieter more private living arrangement than typical apartments. This property is best suited to buyers seeking school access or a reliable rental yield without the cost of a standalone house. The solid brick construction and established complex add a sense of permanence that is often lacking in newer developments.
The heritage overlay may limit options for exterior changes, which is a point to weigh if future renovations are planned. The 71 square metre footprint might be considered compact for some, and the single carport could be a constraint for households with multiple vehicles. These factors may moderate price growth but they also keep the property accessible to a broader buyer pool. Rental demand is maintained by the school catchment and high tenant occupancy in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/22 Cambridge Street, North Adelaide SA 5006
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
North Adelaide is an established, high-amenity suburb positioned as a premier inner-city enclave, benefiting from its proximity to the CBD and prestigious school catchments. Demand is driven by affluent professionals, attracted by the suburb’s academic reputation and lifestyle, amidst a market characterised by exceptionally strong price growth and intense competition due to constrained listings. Future growth is underpinned by its relative affordability compared to eastern capitals and sustained buyer depth, though key risks include persistent supply constraints and sensitivity to elevated interest rates which challenge entry-level affordability.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
71m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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