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17 Melville Street, South Plympton SA 5038
17 Melville Street, South Plympton SA 5038
This 3-bedroom, 2-bathroom house with 2 car spaces is positioned in South Plympton SA. The property is suited to family living in an established residential setting.
Market Insight:
South Plympton’s tree-lined streets, proximity to the city, seaside suburbs and amenities keep owner-occupiers and downsizers actively competing for the limited stock, while steady rental demand from professionals sustains investor interest. House values have edged higher over the past six months (building on roughly 7% annual growth) and units remain anchored around the mid-$600k range with rental yields near 3–4%, so buyers can still lean on earnings growth and tight supply for upside. Risks include the softer unit cycle and broader rate sensitivity, but constrained land availability and solid schools keep the suburb positioned for measured capital appreciation.
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