1 & 2/39 Malcolm Street, Bedford Park, SA 5042 | House for sale | OnTheHouse
 
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1 & 2/39 Malcolm Street
Bedford Park SA 5042

Bedrooms: 10
Bathrooms: 4
Car spaces: 4
Land area: 980m2
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Exceptional Dual-Income Investment

Ideally positioned in a peaceful pocket of Bedford Park, just a short walk to Flinders University, Flinders Medical Centre and Flinders Railway Station, these two Torrens Title side-by-side townhouses present a rare and versatile dual-income opportunity, currently generating a combined rental return of $1,330 per week.
Each property offers exceptional flexibility and can be purchased together or separately, appealing to investors, extended families, or those seeking to live in one and lease the other.
1/39 Malcolm Street
Designed for comfort and practicality, this two-level townhouse features two self-contained residences.
The upstairs unit (1A) comprises three bedrooms and one bathroom, with soaring vaulted ceilings that create an open, airy feel. The living area includes gas heating, air conditioning and ceiling fans for added comfort, while large windows fill the space with natural light.
Downstairs, the two-bedroom unit (1B) offers easy-care living with a spacious layout and direct access to the rear yard - perfect for outdoor enjoyment. An undercover car space and private entrance add further convenience.
2/39 Malcolm Street
Mirroring its neighbour in both design and flexibility, this townhouse offers two separate residences with generous proportions and plenty of appeal.
The upstairs unit (2A) features three bedrooms, one bathroom and high vaulted ceilings, with the added bonus of distant coastal views. The living area is equipped with gas heating, air conditioning and ceiling fans, ensuring year-round comfort.
The downstairs unit (2B) offers two bedrooms, a well-sized living area and private yard access, providing an inviting space for residents or tenants alike. An undercover car space completes this functional and well-designed home.
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Property Details for 1 & 2/39 Malcolm St, Bedford Park

1 & 2/39 Malcolm St, Bedford Park is a 10 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 980m2. The place is currently for sale with Ray White Marion.

Building Type
House
Land Size
980m2
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About Bedford Park 5042

The size of Bedford Park is approximately 2.7 square kilometres. It has 6 parks covering nearly 8.7% of total area. The population of Bedford Park in 2016 was 1836 people. By 2021 the population was 1882 showing a population growth of 2.5% in the area during that time. The predominant age group in Bedford Park is 20-29 years. Households in Bedford Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bedford Park work in a community and personal service occupation.In 2021, 46.60% of the homes in Bedford Park were owner-occupied compared with 42.90% in 2016.

Bedford Park has 689 properties. Over the last 5 years, Houses in Bedford Park have seen a 104.61% increase in median value, while Units have seen a 96.81% increase. As at 30 November 2025:

  • The median value for Houses in Bedford Park is $958,660 while the median value for Units is $572,611.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 2 properties listed for sale, and no properties listed for rent in Bedford park on OnTheHouse. According to Cotality's data, 36 properties were sold in the past 12 months in Bedford park.

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Samuel Paton
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Nick Keep
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Ray White Marion
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