9 Bursaria Avenue, Munno Para SA 5115

9 Bursaria Avenue, Munno Para SA 5115
4 bedrooms on 375sqm | 4 car spaces | young family corridor | fibre and 5G ready The propertyโ€™s four-car configuration is rare for a 142sqm house and signals a buyer who values parking or workshop space over internal footprint-a practical edge on a 375sqm block in a suburb where 90% of owners live in. The young demographic skew (72% under 40) and 52% owner-occupancy suggest stable demand from families, and the catchment for Mark Oliphant College adds schooling continuity. For a buyer seeking a turnkey family home with room for vehicles or a home business, this house offers a functional layout with minimal compromise. The estimated value around $620,000 sits well below the current ask, meaning the buyer must negotiate hard or accept a premium for immediate availability-the 10-day market time suggests limited competition. The 0% auction clearance in the area and no recent street sales create pricing uncertainty, and the 237sqm land discrepancy warrants a survey. Opportunities lie in the 5G and FTTP connectivity for remote work, and the absence of overlay restrictions leaves future flexibility. Hold for steady family demand; do not overpay for parking alone.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Munno Para is an entry-level northern suburb attracting young families and first-home buyers, with demand driven by its relative affordability and strong rental yields. The market demonstrates solid capital growth, particularly for units, supported by consistent sales volume and infrastructure improvements. Future growth is underpinned by ongoing residential development and transport links, though competition for limited supply and mortgage rate sensitivity present constraints for budget-conscious purchasers.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

375mยฒ

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