9 Hookes Court, Paralowie SA 5108
9 Hookes Court, Paralowie SA 5108
3 bed 2 bath 1 car | detached house format | low-maintenance family layout | active local demand | modest land likely
This property presents a practical, modern family configuration that suits first-home buyers, young families, and investors seeking straightforward rental appeal. The three-bedroom, two-bathroom layout with single-car accommodation is a step above older three-one stock in the area, offering better day-to-day function without the upkeep of a larger block. It sits within a low-density suburban pocket where detached housing dominates, and the surrounding streets carry a settled, family-oriented character with schools, local shops, and open space within easy reach. The combination of contemporary expectations and manageable size gives it broad buyer appeal, particularly for those wanting a move-in-ready house rather than a renovation project.
The value picture may hinge on how the interior presents relative to nearby stock, as finish quality and kitchen or bathroom updates tend to drive price separation in this market. Land size and orientation could also matter, especially for outdoor usability and solar access. A flood overlay has been noted on some nearby parcels, so a planning check is worth doing before committing. The property may suit a buyer prioritising convenience and low maintenance over land area, but its ceiling will likely be set by how it compares on condition and presentation rather than on unique features.
|| Comparable Sales: 9 Gino Street sold previously at $167,990 in 2018, later estimated near $840k–$900k; 82 Metala Road estimated at $859,000 | Property Price Band: $700,000–$800,000 | Value Drivers: interior condition, land size, presentation quality
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Hookes Court, Paralowie SA 5108
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Paralowie, in Adelaide’s northern suburbs, is recording strong house-price gains, with medians from $675,000 to $755,000 and annual growth of 10.1%–12.7%. Units are thinly traded—only 12 sales—but show a 23% growth rate and a 4.8% yield, based on a thin sample. House rents hold at $580 weekly with a 4.5% yield, and properties sell in 27–59 days. Annual house sales reach 247 in one count. Demand comes chiefly from owner-occupiers carrying mortgages—67% of owners—against household incomes slightly below the regional average. Affordability relative to Greater Adelaide is the central future growth driver; however, limited supply data and unquantified rate sensitivity remain constraints.
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PropCred Estimated Value
Comparable Sales: 9 Gino Street sold previously at $167,990 in 2018, later estimated near $840k–$900k; 82 Metala Road estimated at $859,000 | Property Price Band: $700,000–$800,000 | Value Drivers: interior condition, land size, presentation quality
Bedrooms
3
Bathroom
1
Parking
-
Land
589m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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