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20 East Avenue, Northfield SA 5085

$900k Auction

Search Band Search Visibility Band

$900k - $990k Low Confidence Calculated based on limited search observations.

House 3 Beds 1 Bath 2 Cars 780 m² 160 m²

Listed: 5 days ago

Overview

Positioned on a sizeable 780 square meter block in a well-established area, this property offers significant development potential subject to council consent (STCC). The generous land frontage of approximately 18.3 meters along East Avenue and depth nearing 42.7 meters provides an excellent canvas for a variety of redevelopment options, appealing to investors or developers looking to capitalize on the rapidly evolving neighbourhood.

The existing home, built in 1964 and presenting with considerable damage, requires renovation, which could attract buyers seeking a project or an opportunity to tailor a future residence on a spacious allotment. Inside, the home features three bedrooms complemented by a central living room and an open-plan kitchen and meals area, providing the core layout for potential refurbishment. A bathroom with a separate toilet supports practical family living, while the rear double iron garage offers secure parking for two vehicles along with additional storage or workshop space.

Situated opposite a local school, the location appeals to families prioritizing proximity to educational facilities, while the General Neighbourhood zoning suggests compatibility with diverse residential uses, further enhancing development appeal. Although the home requires investment to restore, the combination of land size, strategic placement in Northfield, and the likelihood of future growth make this a compelling proposition.

Prospective purchasers interested in renovation, development, or a substantial foothold in the Northfield market will find value in the potential this property offers, whether as a comfortable home with scope to improve or as a long-term investment opportunity in a well-connected suburb.

Local Market Insights

In Northfield, Quiet Listings observed 21 new houses entering the market over the last 30 days, unchanged from 21 in the prior period, with an average advertised asking price of $890,857. The property type mix of listed properties is predominantly Houses at 81%, followed by units (6%), and townhouses (6%). The most active agency for houses in the Northfield area is currently Ray White, representing 52% of new listings, followed by Belle Property with 14%. 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.