22 Bay Road, Streaky Bay SA 5680

3 bed house on 756m² block | Near R-12 school catchment | Recent sale May 2024 | Rental yield 4.09% | Bushfire risk noted This house presents a competitively priced entry into a coastal community, with its three-bedroom layout on a substantial block offering rare internal space for the price point. Its proximity to the local R-12 school solidifies its appeal to a family or long-term rental occupant, while the recent rapid resale indicates underlying market recognition of its fundamental value. The established rental estimate provides a clear yield baseline for an investor. The primary decision factor is the identified bushfire risk, which imposes future insurance and potential mitigation costs. The absence of recent comparable sales in the immediate vicinity demands a conservative valuation approach. For a buyer, this property serves as a high-yield holding in a lifestyle location, but its value is contingent on a detailed environmental assessment. Proceed only with a confirmed understanding of total holding costs.