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2 Gaffney Place, Hectorville$950,000
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2 Gaffney Place

Hectorville, SA 5073, Australia
$950,000
3 bed 1 bath 2 car739 m²

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About this property

This property is currently rented at $500 per week until 10th August 2026. Quietly tucked at the rear of this residents-only street, 2 Gaffney Place arrives with something increasingly hard to find in Adelaide's east - a commanding 739sqm allotment where privacy, scale and serious long-term potential perfectly align. Built on solid brick foundations, this c.1964 dependable three-bedroom home is ready to earn its keep from day one, whether that's moving straight in, leasing out for strong returns while plans take shape, or diving straight into the development opportunity the block so clearly invites (subject to planning consent). The floorplan is practical and well-proportioned, with a connected lounge and casual dining adjoining the functional kitchen with backyard views, three comfortable bedrooms and a garage, all wrapped in the kind of honest bones that make renovation straightforward and rewarding. Freshen the interiors, update the kitchen and bathroom, and this becomes an instantly appealing rental or a comfortable family base with room to breathe all without touching the block's bigger potential at all. For those with an eye on the future, the numbers speak for themselves. A 739sqm parcel in a whisper-quiet cul-de-sac setting, footsteps from quality schools, parks and the vibrant retail and dining scene of Newton Central and iconic Parade Norwood, along with easy CBD access to boot. Land of this scale and position doesn't sit still for long - and opportunities dressed in this much upside rarely come twice. Features you'll love: - Solid brick foundations set on an impressive 739sqm (approx.) allotment - Residents-only cul-de-sac delivering neighbourly privacy - Exciting development + subdivision potential (subject to planning consent) - Comfortable three-bedroom layout ready to live in, lease out from day one - Light-filled lounge with gas heater + wide windows - Spacious casual meals + kitchen zone ready to refurb, refresh or renovate - 3 well-sized bedrooms, main with split-system AC + ceiling fan - Central bathroom with separate shower/bath/WC - Paved patio out back along with sunny yard space - Handy garden/tool shed, as well as large double garage + long driveway for additional off-street parking - Sunbathed north-facing front lawns Location highlights: - A leisure stroll to East Torrens Primary or St Joseph's Hectorville, zoned for Morialta Secondary, as well as several private options nearby - Close to leafy green spaces, including the scenic Linear Park + Morialta Conservation Park inviting plenty of weekend adventure - Moments to Newton Central, Firle Plaza, Marden Shopping Centre + under 10-minutes to the iconic Parade Norwood for unlimited shopping options - Only 8-minutes (6km) to Adelaide CBD Specifications: CT / 6065/956 Council / Campbelltown Zoning / GN Built / 1964 Land / 739m2 (approx) Council Rates / $2,279.75pa (2025/2026) Emergency Services Levy / $191.50pa (2025/2026) SA Water / $234.17pq (2025/2026) Estimated rental assessment $580 - $620 per week/ Written rental assessment can be provided upon request Nearby Schools / East Torrens P.S, East Marden P.S, Felixstow P.S, Stradbroke School, Morialta Secondary College, Charles Campbell College, Norwood International H.S Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
739 m²
Listed
2 weeks ago

Repayment calculator

$4,606/month
$2,303 /fortnight
Loan $760,000 at 6.10% over 30 years

Upfront costs

Deposit$190,000
Stamp duty$46,080
Conveyancing (est.)$2,000
Total upfront$238,080
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Hectorville

This 3-bedroom house in Hectorville, SA 5073 sits within reach of public transport, local shops and nearby schools. It is listed 4% below the $987,500 median of 71 comparable houseswithin 5 km.

Schools near Hectorville

  • East Torrens Primary Schoolprimary · U, R-6 · CoEd

What's nearby

  • Stop 19 Montacute Road - South side (bus)101 m away
  • Red Mill Bakehouse492 m away
  • Fourth Creek Reserve244 m away
  • Jeffs Street Reserve378 m away
  • Unnamed428 m away

Hectorville at a glance

Full suburb profile
Population
4,241
Median age
38
Household income
$1,394/wk
Median rent
$300/wk
Median mortgage
$1,700/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Hectorville price trend

Median sold · House 3 bed

Compound growth +12.6% / yr over 4 yrs

$940kcurrent median

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1 price change recorded for this property

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