11 Kybunga Terrace, Largs North SA 5016
11 Kybunga Terrace, Largs North SA 5016
Detached family house | peninsula coastal setting | strong rental demand | land likely above 500m² | condition and aspect need inspection
The property is positioned in an established coastal pocket of Largs North, where detached houses on generous blocks remain the dominant housing form. Its likely layout, a single-level family home with substantial floor area and off-street parking, gives it clear appeal for buyers wanting beach proximity without paying inner-city prices. The suburb’s peninsula location, combined with solid rental demand and recent growth in nearby streets, strengthens its credentials as a long-term family buy. This property best serves owner-occupiers seeking a conventional home with room to add value, as well as investors looking for steady rental income from an established housing stock.
The eventual value may be shaped by the property’s age and how much updating has already been done. If the interiors are original, a renovation budget might be needed, which could affect how it compares to upgraded homes nearby. The exact land size and orientation might also influence usable outdoor space and natural light, while the property’s position within the peninsula, closer to or further from the beach, may temper buyer demand. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Kybunga Terrace, Largs North SA 5016
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Largs North SA 5016 is predominantly owner-occupied at 69.8%; the buyer profile skews to professionals aged 30-39, many with children and mortgages. House prices have compounded at 8.18% annually, lifting the median to $892,500 and delivering 83.05% growth over five years; units rose 75.43% over the same period. Market conditions remain firm, with houses selling in a median 32 days and vacancy at 0.56%, supporting gross rental yields of 4.02% for houses and weekly rents of $600. That said, affordability is a constraint: 55% of owners hold debt, and the entry price is high relative to local incomes. Future growth will depend on sustained demand from young families and tight supply, though rate sensitivity poses the main downside risk.
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PropCred Estimated Value
Comparable Sales: 11 Magarey Street (3/2/4, $1.635M) | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, condition, layout
Bedrooms
4
Bathroom
1
Parking
1
Land
618m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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