83 Wavell Road, Port Lincoln SA 5606

Ocean views and Parnkalla Trail proximity | Bushfire overlay present | Strong rental yield at $575/week | North-facing rear yard This brick veneer home built in 1993 occupies a 784 square metre lot in a quiet, tightly held pocket of Port Lincoln. The four-bedroom, single-bathroom layout with three car spaces suits families or investors seeking space without high-density living. The north-facing rear yard and ocean views position it as a lifestyle property rather than purely investment-focused. The location offers immediate access to the scenic Parnkalla Trail, a significant drawcard for outdoor-oriented buyers. Proximity to Kirton Point Primary School and Navigator College addresses family needs, though the single bathroom may constrain appeal for larger households. NBN Fibre to the Node and 5G coverage support modern connectivity requirements. Rental income potential sits at $575 weekly, translating to approximately 4.3% gross yield on the mid-range asking price. This positions the property competitively for investor interest in regional markets where yield typically exceeds capital growth expectations. The bushfire overlay represents a material consideration. While detected via satellite imagery with 80% confidence, this overlay may affect insurance premiums, future borrowing capacity, and resale appeal to risk-averse buyers. No flood or heritage overlays apply, reducing additional regulatory constraints. Port Lincoln’s demographic skews older, with 34% aged 60 and above. This demographic composition suggests demand from downsizers and retirees seeking coastal lifestyle, potentially offsetting constraints from the single bathroom. The tightly held nature of the street indicates low turnover, suggesting established community character but potentially limited comparable sales data. Growth drivers remain modest. Regional South Australian coastal markets experience slower capital appreciation than metropolitan areas. The property’s appeal rests primarily on lifestyle positioning and rental yield rather than speculative growth potential.