206 Wheaton Drive, Streaky Bay SA 5680
206 Wheaton Drive, Streaky Bay SA 5680
A 2016 single-level home on 6.9 hectares with four bedrooms, two bathrooms, two living areas, high ceilings, a chef’s kitchen, ducted reverse-cycle air conditioning, a large timber deck, a three-bay shed with workshop, and substantial rainwater storage. Positioned on the Gibson Peninsula between Streaky Bay and Back Beach, it offers panoramic views and a fully fenced, semi-rural setting with natural bushland. This property is significantly larger than typical local acreage holdings and is finished to a modern, high-end standard that is uncommon in the area.
Rarely does a property this close to the coast combine a modern build, expansive land, and elevated views. The 6.9-hectare allotment is fully fenced and includes its own natural bush area, which is a genuine scarcity on the Gibson Peninsula. The house itself was constructed in 2016, so it avoids the compromises of older rural stock, and its finishes—stone benchtops, SMEG appliances, ducted air conditioning, and a generator inlet—are more aligned with a premium coastal residence than a standard farmhouse. This property best serves a buyer seeking a lifestyle change that does not sacrifice quality or convenience. It offers privacy and space for pets, hobbies, or a workshop, while still being positioned between the town and the beach.
The previous sale in 2023 at a lower price point may create a benchmark in some buyers’ minds, but the current positioning reflects a different market and the property’s rarity. The combination of size, views, and modern infrastructure is not easily replicated, which may support long-term value. The rural classification and distance from Adelaide will limit the buyer pool to those specifically seeking this lifestyle, which could affect how quickly a sale occurs. The absence of bushfire or flood restrictions on adjacent lots is a positive signal, but any buyer should verify the property’s own risk profile and insurance implications. The large shed and three-phase power offer genuine utility that may justify a premium for certain buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 206 Wheaton Drive, Streaky Bay SA 5680
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
✓
Market Insight
Streaky Bay presents as a stable, mature coastal market, primarily driven by established, older owner-occupiers. Demand is anchored by local activity, with a consistent volume of house sales annually. Recent price trends show a varied performance, indicating a market sensitive to specific listings and vendor pricing. Future growth will rely on sustained local demand, though constraints include a limited and aging housing stock and the inherent volatility of a low-volume regional market.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
7
Land
6.9 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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