Lot 4 - Eastern Parade - Ottoway

Description

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Ottoway is an inner-west suburb of Adelaide located around 12 km northwest of the CBD, within the City of Port Adelaide Enfield. With a population just under 3,000 and spanning roughly 1.3 km², it has seen steady growth of around 3.2% over the past year.

The suburb features a mix of older residences, light industrial areas, and emerging redevelopments. Many streets include large blocks with character homes, some of which are being replaced with modern housing developments. About 63% of homes are owner-occupied, with the majority of residents aged 30–39 and employed in labour-intensive sectors.

The housing market has experienced strong growth. The median house price is around $715,000—up nearly 18.6% in the past year—with homes selling in about 24–25 days on average. Rental yields sit at about 4.1%, with median weekly rent near $600. There is limited turnover in units, but data suggests stepped increases in their value as well.

Crime in Ottoway is moderately high by Greater Adelaide standards. The suburb ranks around 21 out of 100 in terms of perceived safety, with about 67.6 offences per 1,000 people. Violent crime occurs at roughly 15 per 1,000 (1 in 66 chance annually) and property crime at roughly 50 per 1,000 (1 in 20 chance)—both slightly above state averages. Trends from 2023 to 2024 show modest improvement, with overall crime down and property incidents declining by about 31%.

Schools serving the area include Woodville High School, Pennington School (primary), and several Catholic and faith-based schools nearby, such as Mount Carmel College and St Patrick’s, making education a short commute.

Green space is limited: just two small parks cover about 2.3% of the suburb’s area. Zoned as partly industrial, Ottoway borders Rosewater and Pennington, which provide broader recreation and shopping options. Residents benefit from proximity to major arteries like Grand Junction Road and access to Port Adelaide, St Clair, beaches, and the Barossa region within easy driving distance.

Public transport includes regular bus routes connecting to Port Adelaide, with nearby rail access via neighbouring suburbs—but there is no station directly within Ottoway.

In summary, Ottoway is an affordable suburb offering access, value, and potential for redevelopment. It delivers solid property growth and rental returns, though prospective residents should be aware of its moderate crime profile and limited internal amenities. Still, its proximity to shopping precincts, transport routes, and redevelopment zones makes it appealing to families, investors, and professionals seeking inner-west opportunities.

• Property Type: House and Land
• Property Stage:
• Price: $ 775,800.00
• Land Price: $ 460,000.00
• Build Price: $ 315,800.00
• Beds: 3
• Bath: 2
• Garage: 1
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: 9M BRISTOL 3
• Completion: N/A
• Land Size: 369
• Area Size: 130.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 575.00
• Est. Body Corp.: N/A
• Title Status: To be confirmed
• Gross Per Week: $ 575.00
• Gross Per Annum: $ 29,900.00
• Gross Yield: 3.85%
• Capital Growth 12 Months: 7.55%
• Capital Growth 10 Year Annualised: 6.38%
• Vacancy Rate: 0.28%