24 Wallace Drive, Tanunda SA 5352
24 Wallace Drive, Tanunda SA 5352
4-bed family home in Barossa Valley | recent construction with generous internal space | land size discrepancy to verify | rental yield suits investor interest
This property is competitively positioned as a modern 4-bedroom, 2-bathroom house with a substantial internal building area of 263 square meters, which is generous for its type in Tanunda. The recent construction or redevelopment by Barossa Developments in 2025 suggests it meets current building standards and buyer expectations for finishes like floorboards and built-in robes. Its location within the Barossa Valley region offers a strong lifestyle appeal for families, while the moderate 3.76% estimated rental yield may attract investors seeking steady income in a market with 13 houses currently listed, indicating balanced activity. The property best serves buyers who prioritize a newer home with ample living space in a well-known wine region.
The land size discrepancy between 504 and 697 square meters may materially affect how the property is valued, as a smaller lot could limit outdoor use or future subdivision potential, while a larger one adds utility. The absence of explicit aspect data might influence light and energy efficiency, which some buyers may weigh when forming a view on price. The lack of disclosed school quality ratings or nearby infrastructure developments could be a consideration for families, though the suburban residential street with similar homes suggests a stable neighborhood character.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Wallace Drive, Tanunda SA 5352
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Tanunda is a mature, high-performing regional hub in the Barossa Valley, characterised by a stable, affluent demographic. Demand is driven by owner-occupiers and investors, evidenced by strong sales volumes and rapid turnover, with houses selling quickly in a tight market. Recent price growth has been exceptionally strong, supported by very low rental vacancy rates and constrained supply. Future growth is underpinned by its established appeal and infrastructure, though the primary constraint remains the limited availability of both rental and for-sale stock, intensifying competition.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
4
Land
504m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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