318B Henley Beach Road, Underdale, SA 5032 | Townhouse for sale | OnTheHouse
FOR SALE
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318B Henley Beach Road
Underdale SA 5032

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
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PRIME INVESTMENT OR FUTURE HOME

Positioned in the highly sought-after Henley Beach South / Underdale precinct, this impressive 3 bedroom, 2 bathroom townhouse presents an outstanding opportunity to secure a high performing asset before it hits the open market.
Uniquely designed with 3 separate living spaces and built for low maintenance living with immediate cash flow, this residence is ideal for savvy investors wanting to expand their portfolio in one of Adelaide's premier coastal fringe locations.
Key Features & Accommodation:
- 3 Generous Bedrooms: Master suite complete with a private ensuite and walk-in robe, additional bedrooms feature built in robes.
- 2 Bathrooms: Full central bathroom plus private master ensuite.
- 3 Living Spaces: Exceptional floor plan versatility featuring multiple living zones .
- Open-Plan Living & Dining: Spacious area seamlessly designed for modern comfort.
- Modern Kitchen: Equipped with quality appliances, ample storage, and functional layout.
- Immediate Income: Currently tenanted at $750 per week, offering an immediate rental yield of approx. $39,000 p.a.
- Prime Location: Minutes from Henley Beach, local shopping, public transport, quality schools, and amenities.
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Property Details for 318b Henley Beach Rd, Underdale

318b Henley Beach Rd, Underdale is a 3 bedroom, 2 bathroom Townhouse with 4 parking spaces. The place is currently for sale with LJ Hooker Flinders Park.

Building Type
Townhouse
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About Underdale 5032

The size of Underdale is approximately 1.0 square kilometres. There are 7 parks, covering nearly 5.4% of the total area. The population of Underdale in 2016 was 2299 people. By 2021 the population was 2429 showing a population growth of 5.6% in the area during that time. The predominant age group in Underdale is 30-39 years. Households in Underdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Underdale work in a professional occupation.In 2021, 59.10% of the homes in Underdale were owner-occupied compared with 57.00% in 2016.

Underdale has 1,268 properties. Over the last 5 years, Houses in Underdale have seen a 62.08% increase in median value, while Units have seen a 86.76% increase. As at 31 August 2026:

  • The median value for Houses in Underdale is $1,253,696 while the median value for Units is $613,959.
  • Houses have a median rent of $618 while Units have a median rent of $530.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Underdale on OnTheHouse. According to Cotality's data, 55 properties were sold in the past 12 months in Underdale.

Suburb Insights for Underdale 5032

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Gerard Pacillo
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LJ Hooker Flinders Park
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.