98 Jenkins Avenue, Whyalla Norrie SA 5608

98 Jenkins Avenue, Whyalla Norrie SA 5608
3-bed house on 814mยฒ lot | 3 car spaces | Whyalla Norrie | No noted bushfire risk This property presents a strong proposition for an owner-occupier seeking space and practicality, or an investor targeting a stable, entry-level market. The 814mยฒ lot size is a significant competitive advantage, offering substantial outdoor utility and future subdivision potential where zoning permits, a rarity against newer, smaller subdivisions. Three car spaces cater to trades operators or multi-vehicle families, positioning this house for a specific, durable demand segment within the council area. The primary risk is market movement ambiguity due to dated comparable sales; the last known sale was over a year prior to July 2022, obscuring current price momentum. This costs the buyer precision in negotiation. The opportunity lies in acquiring a high-land-content property where the land component may appreciate independently of the dwelling. Treat this as a long-term hold, leveraging the land bank, with a view to capitalise on lot value or rental demand for large-block properties. Comparable sales on Jenkins Avenue show: ย• 98 Jenkins Avenue (this property): Sold prior to approx. July 2022. ย• 99 Jenkins Avenue: Sold July 31, 2023. The July 2023 sale of the neighbouring property provides a critical, recent market anchor, suggesting sustained transaction activity on the street. The lack of detail for number 99, however, limits direct feature-for-feature comparison, placing greater emphasis on the subject property’s inherent land value as the core valuation driver.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 98 Jenkins Avenue, Whyalla Norrie SA 5608
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Market Insight:

Whyalla Norrie presents as an affordable entry point with a market driven by trades-based households and younger families, evidenced by strong recent sales activity. House prices have shown significant growth, supported by a steady turnover of properties and a relatively tight rental market. Future performance is likely tied to the suburb’s appeal to first-home buyers and investors seeking yield, though a declining population trend warrants consideration for long-term demand.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

809mยฒ

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