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Location

Market Insights for Tranmere SA 5073

New Listings (last 30 days)

Average price

$1,568,900

Lowest price

$990,000

Highest price

$3,000,000

40B Reid Avenue, Tranmere SA 5073

$1,400,000 - $1,450,000

Search Band

$1.4M - $1.47M Transparent Based on an openly advertised listing price.

House 4 beds 2 baths 2 cars 384 m²

Listed: yesterday

Overview

This modern family home at 40B Reid Avenue, Tranmere, offers an inviting blend of spaciousness, style, and functionality across its thoughtfully designed layout. Constructed around 2017, the property is distinguished by elegant large-format white porcelain tiled floors that amplify natural light, creating a fresh and contemporary feel throughout the interiors.

The ground floor balances private and communal living with a separate lounge that serves as a quiet retreat, while an expansive family and dining area forms the heart of the home, ideal for everyday life and entertaining. The kitchen complements this centerpiece perfectly, featuring abundant bench space, cabinetry, stainless-steel appliances, and a sizable walk-in pantry, fostering both practicality and social connection.

Indoor and outdoor living merge seamlessly as the main living area flows out to a covered alfresco space and a sunny, low-maintenance rear garden, designed to accommodate relaxed weekends, social gatherings or family time in all seasons.

Four generously sized bedrooms include a main bedroom sanctuary with a private balcony, built-in robe, and ensuite with dual vanities.
Bedrooms two and three offer walk-in robes and easy access to the family bathroom, alongside a separate toilet and powder room for convenience.
A versatile upstairs living area enhances flexibility for varied family needs such as a children's lounge, media room, or study zone.
Additional features include zoned ducted air conditioning, extensive storage options, a family-sized laundry, a ground-floor guest toilet, and secure double garage with automatic doors.

Positioned within proximity to Firle Plaza for daily shopping and local green spaces like The Gums Reserve, this residence also benefits from convenient access to notable recreational and sporting facilities. Families will appreciate the inclusion in the Morialta Secondary College catchment and nearby East Torrens Primary School, complemented by easy reach to prestigious private institutions.

Ideal for families seeking a bright, spacious, and modern home in a well-established suburb or investors targeting quality residential offerings, this property combines lifestyle, comfort, and practical amenities in a sought-after location.

Local Market Insights

In Tranmere, Quiet Listings observed 10 new houses entering the market over the last 30 days, down from 12 during the previous 30-day period, with an average advertised asking price of $1,568,900. The property type mix of listed properties is predominantly Houses at 64%, followed by units (16%), and townhouses (12%). The most active agency for houses in the Tranmere area is currently Ray White, representing 50% of new listings. 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.