9 Montacute Street, Elizabeth Downs SA 5113
9 Montacute Street, Elizabeth Downs SA 5113
| 1973 build | small floorplan | 700sqm block | low site coverage | no recent comparables |
The property’s low 13% site coverage on a 700sqm block signals a significant redevelopment opportunity, but a single bathroom and 93sqm internal area limit its current liveability for families. Ducted cooling and solar panels reduce holding costs, yet the 2006 sale price provides no reliable benchmark for today’s $650,000 estimate. This house suits a buyer seeking land banking or a low-maintenance rental, not an owner-occupier needing space.
The large block in a residential zone without overlays is the primary competitive advantage, offering future subdivision potential. NBN and 5G support modern working needs, while the shed and solar add practical value. For a buyer focused on long-term capital growth from land appreciation, this property works well; for immediate comfort, look elsewhere. Review zoning and council development guidelines to assess subdivision feasibility before bidding.
Independent, Unbiased Research Report for this property by PropCred Analyst team
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Market Insight:
Elizabeth Downs presents a compelling entry point into Adelaide’s northern corridor, characterised by strong recent capital growth and high rental yields. Demand is driven by first-home buyers and investors attracted by affordability relative to broader markets and robust rental returns, supported by a stable, renter-majority population. The market exhibits very strong price momentum with houses transacting quickly, indicating sustained buyer appetite. Future growth is underpinned by this fundamental demand, though its rapid appreciation introduces sensitivity to economic shifts and affordability pressures for its predominantly working resident base.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
700m²
Assessments Delivered Today
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