11 Gillerton Terrace, Edithburgh SA 5583

Large 1915sqm block | 3-bedroom 1974 house | Yorke Peninsula coastal town | bushfire overlay applies This property offers a rare combination of a generous 1915sqm block with a solid 1974-built house in a coastal town where supply is constrained. The 19% site coverage leaves substantial room for extension, a second dwelling, or subdivision subject to council approval. For a buyer seeking land banking with immediate livability, the existing 3-bedroom layout works as a holiday house or permanent residence. The older demographic profile and 95% owner-occupancy suggest stable neighborhood character and low turnover risk. The bushfire overlay is the primary risk, potentially increasing insurance costs and limiting certain renovations or landscaping choices. No flood or heritage overlays simplifies planning but the overlay may deter some future buyers. The 5-day market time suggests no urgency from the seller, giving a buyer room to negotiate toward the lower end of the range. Rental data is absent, so income projections are speculative. The property suits a buyer who values land content over immediate yield, and the hold strategy is to secure the block for future capital growth while using the house as a base or occasional rental.