10 Matthew Flinders Drive, Wallaroo SA 5556
10 Matthew Flinders Drive, Wallaroo SA 5556
Coastal estate pocket | ~700m² block | 4–5 bed family format | tight rental demand | modern build profile
This property sits in the newer marina-side pocket of Wallaroo, where the housing stock is consistently detached, single-storey, and built for family living. The configuration aligns closely with what buyers in this market actively seek — four to five bedrooms, two bathrooms, double garage, and a flat, titled block around 700 square metres. That alignment matters because it means the property is not an outlier in its street or suburb; it is the standard product type, which supports broader buyer appeal and resale depth. The location advantages are genuine: close to the beach, boat ramp, marina, shops, and school options, all within a low-density coastal setting. The rental market here is notably tight, with vacancy well under 1%, so an owner-occupier or investor would both find a functional, desirable house in a pocket that is clearly established as a residential estate rather than a holiday-only strip. This property best suits a family, a first-home buyer, or a sea-change buyer wanting a straightforward, low-maintenance coastal house without the compromises of older township stock.
The main value considerations for this property centre on how the house itself has been finished and maintained, since the street-level evidence points to a consistent modern build standard but does not confirm the specifics of this particular dwelling. The absence of confirmed aspect or view data may matter — a north-facing rear or any water glimpse could lift appeal, while a less favourable orientation may not. The surrounding estate is still evolving, with titled land releases and new development nearby, which could introduce fresh supply and influence price sensitivity over time. Buyers should weigh the condition of the interior fixtures, the quality of outdoor entertaining space, and whether the floor plan delivers the open-plan living that modern coastal buyers expect. These factors, rather than location alone, will most likely shape the final price point.
|| Comparable Sales: 9 Matthew Flinders Dr sold $425,000 (5 bed, 700m²) | Property Price Band: $400,000–$500,000 | Value Drivers: land size, build condition, layout suitability
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Matthew Flinders Drive, Wallaroo SA 5556
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Wallaroo, a coastal town on the Copper Coast Highway, draws a mature buyer base: 54% of residents are over 55, 58% are childless couples, and 43% own outright. Demand is led by retirees and empty-nesters, supported by marina-linked developments such as Inverness Way. House prices have grown 7.5–10.2% annually, with medians between $476k and $515k, well below the state’s $831,744 average. Sales are steady at 101–110 per year; 3-bedroom houses move fastest at 89 days on market. Rental yields sit at 4%, with median house rents of $450 weekly. The demand-to-supply ratio is healthy, but inventory is tight at just nine listings. Future growth hinges on coastal infrastructure and highway access, while risks include rate sensitivity—33% of owners hold mortgages—and limited supply, with prices expected to flatten or rise modestly.
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PropCred Estimated Value
Comparable Sales: 9 Matthew Flinders Dr sold $425,000 (5 bed, 700m²) | Property Price Band: $400,000–$500,000 | Value Drivers: land size, build condition, layout suitability
Bedrooms
4
Bathroom
2
Parking
2
Land
700m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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