15 Lewis Terrace, Iron Knob SA 5611
15 Lewis Terrace, Iron Knob SA 5611
This 3-bedroom, 1-bathroom house with 5 car spaces is positioned in Iron Knob SA. The property is suited to family living in an established residential setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Lewis Terrace, Iron Knob SA 5611
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
!
1
Insight: Iron Knob SA 5611
Iron Knob is driven by deep affordability, proximity to Whyalla and its mining history – buyers tend to be value-seekers, retirees or investors chasing cheap land and large blocks. Major risks are a very small, ageing population, limited local services, long time-on-market and bushfire overlays, while upside depends on any renewed regional/mining activity or niche tourism/renewables. Prices remain low but have broadly trended modestly upward recently (median ≈ $95–100K) with volatility because transaction numbers are tiny.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
5
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst