92 Burnlea Parade, Blakeview SA 5114
92 Burnlea Parade, Blakeview SA 5114
Modern family house on compact 300m² allotment | Blakeview growth corridor with established amenity | Newer-style build in a street of 2018–2019 homes | Strong rental demand for detached family stock | Low-maintenance layout suited to first-home or investor buyers
This property sits in a competitive position within Blakeview’s newer housing band. The 300m² allotment is compact but workable, and the street context suggests a detached house built within the last several years, likely with open-plan living, ducted climate control, and secure parking as standard inclusions. That combination of modern build and manageable outdoor space appeals most directly to first-home buyers wanting something move-in ready, or investors seeking a rental-ready house with consistent demand. The suburb itself benefits from master-planned estate development, proximity to schools and shopping, and easy access to Main North Road, which supports both owner-occupier comfort and tenant appeal. For a buyer prioritising low upkeep and contemporary finishes over land area, this property delivers a sensible entry point into a growth-area market.
The value picture may hinge on how the internal floor area and layout compare to neighbouring houses, since compact allotments in this area can vary meaningfully in usable space. A well-configured three or four-bedroom floor plan with two bathrooms would align with what the local market expects, while a smaller footprint might narrow the buyer pool slightly. The absence of premium features like a large alfresco or upgraded kitchen is unlikely to hurt, but presentation and condition will carry weight in this price range. Buyers should weigh the trade-off between a smaller land component and the benefit of a newer, efficient house that requires little immediate work.
|| Comparable Sales: 43 Burnlea Parade sold under offer in the $599k–$639k range; 90 Burnlea Parade valued around $754k | Property Price Band: $600k–$700k | Value Drivers: build age, internal floor area, presentation quality, and street position within the estate
Detailed Independent Property Report prepared by PropCred Analyst team for 92 Burnlea Parade, Blakeview SA 5114
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Blakeview, in Adelaide’s north, is a tight family market. Median house price is $679,500, up 14.2% annually; units $472,500, up 4.1%. Sales volume of 210-228 houses over the past year with only 9 listings signals strong turnover and scarce supply. Buyers are young families—46% couples with children, 20-29 age bracket, trades and community workers. 74% of owners hold mortgages, leaving the market sensitive to rates. House yields are 4.2%, units 4.8%; median rents $670 and $520 respectively. Tight rental supply (13 properties) and family demographics underpin demand, but affordability strains against a $405k-$990k price range. No major infrastructure triggers are apparent; growth should follow owner-occupier demand, not speculation.
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PropCred Estimated Value
Comparable Sales: 43 Burnlea Parade sold under offer in the $599k–$639k range; 90 Burnlea Parade valued around $754k | Property Price Band: $600k–$700k | Value Drivers: build age, internal floor area, presentation quality, and street position within the estate
Bedrooms
3
Bathroom
2
Parking
2
Land
300m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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