18 Mcconville Street, Whyalla Playford SA 5600

1965-built family house | 905m² land with pool & games room | 4 car spaces | strong rental yield potential This property presents a compelling proposition due to its significant land holding and enhanced liveability features within its suburb. The combination of a 905 square metre block, a four-car accommodation setup, and premium inclusions like a fibreglass pool and a dedicated games room with a cellar positions it distinctly above the typical three-bedroom, one-bathroom stock in Whyalla Playford. It serves a buyer seeking a long-term family home with ample space and recreational facilities, or an investor targeting a premium segment of the rental market with higher-than-median yield potential. The primary consideration is the specific market dynamics of Whyalla, where capital growth may be tempered compared to metropolitan areas. The 2023 sale at $280,000, against a current estimate near $372,000, suggests recent appreciation, but this must be weighed against the suburb’s median. The commercial logic favours holding for rental income, leveraging the property’s unique features to secure tenants at the upper range of market rents, thereby validating its value premium through yield. Comparable sales nearby: – 17 Mcconville Street: 3 bed, 1 bath, 2 car on 1038m², recently sold for $410,000. – 19 Mcconville Street: Recently sold for $410,000. These sales, both at $410,000, establish a strong value benchmark for the street. This property, while on slightly smaller land, justifies a competitive valuation through its superior parking, pool, and extensive living additions, indicating its price estimate is anchored by demonstrated local demand.