Looking for a spring project to sink your teeth into?
Why not roll up your sleeves and take advantage of some of Adelaide’s best renovators in locations where the median house price has jumped by over 10 per cent in the past year alone.
Whether you’re looking for a character home, a blank slate or an affordable project, there’s something for everyone as these five project homes prove.
25 BUNDEY ST, MAGILL
Price: $845,000
Offers by: August 27 at 1pm (unless sold prior).
Promising a wealth of future potential in more ways than one, the home and surrounding grounds are well-placed for a solid renovation or future new build, allowing you to comfortably live in or astutely rent out whilst finalising your grand design plans.
Approval has already been granted for tree removal to simplify development and further information can be provided by the agent on request.
As it stands, the home offers flexible living arrangements with two separate footprints – the first forming the main hub of the home with a large living area, dine-in kitchen, two bedrooms fitted with built-in robes and main bathroom with separate bathtub and toilet.
The second comprises a versatile rumpus room or independent third bedroom for growing family dynamics but could also be the ideal domain for a home business with its separate entry via the carport.
Magill has a median house price of $1,009,750, according to PropTrack, which is 11.5 per cent higher than prices recorded a year ago.
25 Bundey St, Magill
25 Bundey St, Magill
25 Bundey St, Magill
31 BARNETT AVE, ST MARYS
Price: $860,000 to $945,000
The cracks are visible for all to see, however, the double brick outlay, high ceilings, flat roofline, spacious rooms and formal entry, floor to ceiling window outlooks and delightful north facing aspect will have you quickly realise the immense potential of this home.
If fixing up and renovating is your thing, a home like this could really shine and could pay homage to an era long gone by.
There are three good bedrooms all positioned on their own wing, which connect well to a main bathroom, ideally there is a separate toilet.
The main living area is huge and combines with the original kitchen, laundry and leads to your rear yard setting.
Outdoors you can live all around your home with an array of fruit trees, alfresco entertaining area, work hobby shed, single carport and plenty of off-street parking.
St Marys is located just a stone’s throw from the city and central to just about everything …
The suburb has a median house price of $850,000, according to PropTrack, with prices 11.1 per cent higher than they were a year ago.
31 Barnett Ave, St Marys
31 Barnett Ave, St Marys
31 Barnett Ave, St Marys
9 TAYLOR AVENUE, PAYNEHAM
Price guide: $900,000
Auction: August 31 at 10.30am
You don’t have to be a genius to realise this home has seen better days – but that doesn’t mean it’s not ripe with potential.
Situated on a prime corner allotment of 567sq m, the bungalow-like home comprises three bedrooms, all with polished floorboards and one with a ceiling fan.
There’s also a separate lounge room, an eat-in kitchen with gas cooking, an updated bathroom, and a large shed at the rear.
Located in a sought-after area, this property is a fantastic opportunity for developers, renovators, or anyone with a creative vision.
Whether you’re looking to restore and rejuvenate or start from scratch, this block is the perfect canvas.
Payneham has a median house price of $1,187,500. Prices have jumped by 26.3 per cent over the past year, according to PropTrack.
9 Taylor Ave, Payneham
9 Taylor Ave, Payneham
9 Taylor Ave, Payneham
5 SEYMOUR TCE, ASCOT PARK
Price: Not advertised.
Offers by: September 4 at 11am (unless sold prior).
This property presents an ideal blank canvas for renovation, extension, or even a new home build, perfectly suited for those seeking to enter the market or enhance their investment portfolio.
The existing home features a cozy lounge room, two comfortable bedrooms, and a separate dining area.
The quaint kitchen is equipped with gas hot plates, with easy accessibility to the bathroom and laundry facilities.
Externally, there is ample off-street parking, a single garage with roller door, gas instantaneous hot water service and a rainwater tank.
This property offers a wonderful opportunity for buyers looking to make their mark in Adelaide’s competitive property market.
Ascot Park has a median house price of $762,500, according to PropTrack. This is 21.4 per cent higher than prices recorded a year ago.
5 Seymour Tce, Ascot Park
5 Seymour Tce, Ascot Park
5 Seymour Tce, Ascot Park
16 LINLEY AVE, PROSPECT
Price: Not advertised.
Auction: August 28 at 5.30pm
One proud owner for 70 years, this character Bungalow residence is awaiting a new chapter to begin.
Whether you choose to upgrade the home into a modern open floorplan with an open-plan extension to the rear…renovate and capture the features of previous eras, or develop – this generous land holding of 732sq m offers many options for the new homeowner.
There are four spacious bedrooms plus formal lounge, kitchen and meals area, sparkling bathroom, internal laundry, plus rear lobby and entry hallway. The home has gas heating and air-conditioning.
The rear of the property features a triple length carport, single garage and expansive rear yard and cottage style established front garden.
The home is located within five minutes to cinemas and cafes and village style shopping on Prospect Road and O’Connell Street.
Prospect has a median house price of $1.195m, according to PropTrack. That’s 28.8 per cent higher than prices recorded a year ago.
16 Linley Ave, Prospect
16 Linley Ave, Prospect
16 Linley Ave, Prospect
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