1 Hanley Street, Whyalla Norrie SA 5608
1 Hanley Street, Whyalla Norrie SA 5608
4-bed family house | 2-bath layout | compact block | investor interest | competitive entry point
A practical four-bedroom, two-bathroom footprint is offered, which suits family living without excessive maintenance. The configuration is positioned more generously than typical three-bedroom stock in the area, placing it toward the upper end of standard family housing. Its value is found in functional layout and broad appeal to owner-occupier families seeking a ready-to-occupy home, as well as to investors attracted by steady rental demand. The property is set within a low-rise suburban environment where detached houses dominate, reinforcing a stable and uncomplicated ownership experience. Buyer interest is likely to be strongest from local upsizers and households connected to Whyalla’s industrial employment base.
Land size and building age might be considered key influences on price, as these vary significantly across the area. Presentation and condition could be judged by buyers, particularly if modern finishes or outdoor improvements are absent. Slower market turnover might be anticipated, with some houses taking several months to sell. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Hanley Street, Whyalla Norrie SA 5608
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Whyalla Norrie, in South Australia’s Upper Spencer Gulf, is a trade-heavy suburb where 59% of households are families and 56% of owners hold mortgages. Demand is anchored by the 20-29 and 50-59 age cohorts, reflecting first-home buyers and established households. The median house price is $270,000 after 20.4% compound annual growth, with houses averaging 47 days on market and 145 sales in the past year—active turnover. A 4.6% gross rental yield and $420 weekly rent support investor interest. Future growth is underpinned by ongoing sales and rental activity, though a 4.84% population decline from 2016 to 2021 remains a structural constraint. Affordability is a strength, but trade employment concentration and limited infrastructure data are key risks.
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PropCred Estimated Value
Comparable Sales: 22 Hanley Street sold $455,500; 36 Hanley Street sold $295k | Property Price Band: $400k–$500k | Value Drivers: condition, layout, block size
Bedrooms
4
Bathroom
2
Parking
1
Land
414m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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