108 Wileman Street, Whyalla SA 5600
108 Wileman Street, Whyalla SA 5600
1941-built 4-bed house | 1000m² lot at 15% coverage | 7 total car spaces | quiet location no overlays
This property presents a competitively strong offering for an owner-occupier seeking space and low-maintenance living, or an investor targeting a large-family rental. Its core strength is the rare combination of a 1000m² parcel with extremely low site coverage, providing immediate utility and future optionality, while the recent re-roofing and re-cladding significantly reduce near-term capital risk. The four-bedroom configuration with multiple living areas and seven car spaces serves a specific demographic demand that is undersupplied in many markets.
Proceed with the understanding that the primary risk is market illiquidity, given the absence of recent comparable sales data, which complicates accurate valuation and may impact resale velocity. The opportunity lies in acquiring a high-land-content property with a modernised envelope at a midpoint aligned with automated valuations. A plain judgment is to treat this as a long-term hold, leveraging its functional utility for either secure tenancy or multi-generational occupation, rather than speculating on short-term appreciation.
Detailed Independent Property Report prepared by PropCred Analyst team for 108 Wileman Street, Whyalla SA 5600
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Insight: Whyalla SA 5600
Whyalla presents as a mature, established market with a stable owner-occupier base and a demographic skew towards professionals in their 50s. Demand is driven by this demographic, primarily childless couples and single households, who are typically mortgage holders. Recent price trends show robust annual house price growth of 5-7%, supported by strong capital appreciation over five years and a relatively brisk sales market. Future growth is underpinned by this sustained capital growth trajectory, though a slight historical population decline and limited current listings for sale and rent present a key supply-side constraint.
PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
7
Land
1000m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst