All About Penfield Gardens, Playford, SA, 5121

Penfield Gardens, situated within the city of Playford in South Australia, is an increasingly appealing area for those looking to settle in a quieter suburban environment while still having access to the amenities of nearby urban centers. The housing market in Penfield Gardens offers a mix of opportunities, primarily characterized by spacious properties that often include large gardens and rural surroundings. This makes it an attractive location for families or individuals seeking more space than typically available in inner-city areas. The market tends to be relatively stable, with a range of housing types including modern developments and more established homes, ensuring diverse options for various buyer needs and budgets.

Living in Penfield Gardens offers a peaceful lifestyle surrounded by nature, with the benefits of community living combined with rural charm. Residents enjoy the tranquility and open spaces of their environment, often participating in outdoor activities such as gardening, walking, and local community events. The area is well connected to broader Adelaide, providing convenient access to the city's educational, healthcare, and recreational facilities. Schools and local shops are within easy reach, contributing to a family-friendly atmosphere. Overall, Penfield Gardens is well-suited for those who appreciate a blend of suburban comfort with accessible city convenience.

Penfield Gardens Real Estate Market Outlook

Thinking about buying in Penfield Gardens? Now could not be a better time, with just 218 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $634,000 with prices in this suburb ranging from $411,000 to $1,836,000. Penfield Gardens is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Penfield Gardens due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Penfield Gardens provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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