14 Eyre Avenue, Whyalla Norrie SA 5608
14 Eyre Avenue, Whyalla Norrie SA 5608
3-bed 1-bath lowset | ~750–800 m² land | 1970s build era | quiet established street | investor yield appeal
This single-storey detached house is found in an established Whyalla Norrie pocket where 1970s-era construction is the norm. A substantial land holding of roughly 750 to 800 square metres is expected, along with a compact three-bedroom, one-bathroom floorplan and multiple open car spaces. The low-set form and modest building footprint are well suited to a practical, easy-maintenance lifestyle. Owner-occupiers are well served by the affordability and the size of the block, while investors are offered genuine yield potential, with gross returns in the mid-to-high six per cent range considered plausible. The property is not premium, but solid, serviceable housing is provided in a functional regional suburb.
Value may be shaped by the age and condition of the 1970s dwelling. Renovation potential is significant, and a response may be driven by presentation or improvement scope. Land size might anchor value more than the house itself. Seasonal demand and local employment may influence expectations. Roof and cladding condition should be inspected.
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Eyre Avenue, Whyalla Norrie SA 5608
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✓
Execution Risk
!
1
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.
PropCred Estimated Value
Comparable Sales: 28 Eyre Avenue sold $283,700 | Property Price Band: $280,000–$380,000 | Value Drivers: land size, condition, layout
Bedrooms
4
Bathroom
2
Parking
6
Land
855m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst