34 Haynes Street, Whyalla Norrie SA 5608

34 Haynes Street, Whyalla Norrie SA 5608
Detached house | 3-bed family layout | mixed older/newer stock | investor-friendly demand | unverified specifics The property sits in a suburb defined by single-storey detached houses, where the typical buyer is either a family seeking a practical yard-based home or an investor chasing rental yield. The street itself shows a blend of older brick homes and newer infill builds, which means this house could appeal to those wanting either character or modern efficiency depending on its actual condition. Its strongest competitive position is the detached-house format itself—rare to find in many regional markets and consistently sought after by owner-occupiers and landlords alike. For a buyer, this represents a chance to secure a standard family house in a stable residential pocket, with the flexibility to renovate or hold as-is based on the verified details once inspected. The market here is split between older, lower-bathroom homes and newer, higher-spec builds, with prices varying accordingly. If this house falls into the older category, its value might hinge on land size and renovation potential rather than modern finishes. If it is newer, the value may be supported by open-plan living, ensuites, and low-maintenance yards. Rental demand appears steady, with yields stronger than metropolitan averages, so an investor might weigh income potential heavily. Location advantages are modest—school access and a quiet suburban feel—but no standout views or premium amenities are evident, so pricing should reflect functionality over lifestyle prestige.
Detailed Independent Property Report prepared  by PropCred Analyst team for 34 Haynes Street, Whyalla Norrie SA 5608
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Whyalla Norrie, in South Australia’s Upper Spencer Gulf, is a trade-heavy suburb where 59% of households are families and 56% of owners hold mortgages. Demand is anchored by the 20-29 and 50-59 age cohorts, reflecting first-home buyers and established households. The median house price is $270,000 after 20.4% compound annual growth, with houses averaging 47 days on market and 145 sales in the past year—active turnover. A 4.6% gross rental yield and $420 weekly rent support investor interest. Future growth is underpinned by ongoing sales and rental activity, though a 4.84% population decline from 2016 to 2021 remains a structural constraint. Affordability is a strength, but trade employment concentration and limited infrastructure data are key risks.
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PropCred Estimated Value

Comparable Sales: 36 Hanley Street sold May 2023, 3-bed 1-bath on 358m²; 28 Haynes Street estimated $411,000, 3-bed 2-bath on 588m² | Property Price Band: $300K–$400K | Value Drivers: land size, bathroom count, year built, condition, and rental yield potential

Bedrooms

4

Bathroom

2

Parking

2

Land

591m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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