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5 Azalea Drive, Lockleys SA 5032

$1.95m

Search Band Search Visibility Band

$1.9M - $2M High Confidence Calculated based on strong search observations.

House 4 Beds 1 Bath 4 Cars 1498 m²

Listed: 24th Jun 2026

Updated: 2 days ago

Overview

Positioned on an expansive 1,498sqm allotment with coveted frontage to the picturesque River Torrens, this property offers a rare riverside lifestyle in the heart of Lockleys. Combining peaceful surroundings with exceptional convenience, it provides direct access to the River Torrens Linear Park, inviting residents to embrace outdoor activities such as walking and cycling in a natural setting.

The generous land size and privileged river frontage afford significant flexibility, making the site ideal for those seeking to develop a unique family home or an exclusive riverside estate. Surrounded by established greenery and quality residences, the location offers both tranquility and proximity to key lifestyle amenities including Henley Beach Road’s cafes, Henley Beach itself, quality schools, Kooyonga Golf Club, Adelaide Airport, and the central business district.

The existing home includes four bedrooms and a bathroom, complemented by ample parking across two carport spaces and two open car spaces. This spacious configuration suits families or buyers who value outdoor space and future potential. The property’s significant dimensions and exceptional riverfront position also attract visionaries interested in redevelopment opportunities, subject to necessary council approval.

Rare 1,498sqm riverfront allotment delivering a premium riverside lifestyle.
Exceptional potential for redevelopment or subdivision, pending council consent.
Convenient access to natural and urban amenities preserving a balanced lifestyle.
Spacious family-oriented layout with four bedrooms and generous parking.
A unique offering within one of Adelaide’s highly sought-after suburbs.

Local Market Insights

In Lockleys, Quiet Listings observed 13 new houses entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $1,393,769. The property type mix of listed properties is predominantly Houses at 68%, followed by units (16%), and townhouses (11%). The most active agency for houses in the Lockleys area is currently Ray White, representing 54% of new listings, followed by LJ Hooker with 15%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.