26 Kennebery Cres, Roxby Downs SA 5725
26 Kennebery Cres, Roxby Downs SA 5725
Compact unit stock | investor-oriented street | modest rental demand | older low-rise build | practical location
This property sits within a small cluster of older, low-rise units that serve a clear purpose in Roxby Downs: affordable, low-maintenance housing for workers and investors. The configuration is compact, with single-bedroom layouts and carport parking, which keeps the entry price accessible and the rental yield potential relatively strong in a town where housing is driven by employment demand rather than lifestyle appeal. For a buyer looking for a straightforward investment or a simple base near the school and local services, this unit type holds genuine utility. It is not premium stock, but it does not need to be; its strength lies in being practical, easy to manage, and aligned with the rental market’s needs.
The value picture may be shaped by the age of the build and the limited internal space, which could constrain capital growth compared to larger houses in the area. The unit’s condition and any recent updates to the kitchen or bathroom might influence how quickly it leases and at what rent. Rental demand appears steady but not booming, with some softness in unit rents over the past year, so a buyer should weigh the yield potential against the possibility of slower appreciation. The lack of any significant overlays or development pressure suggests the property’s value will track the local market’s overall health rather than any unique site advantage.
|| Comparable Sales: 11/6-8 Kennebery Cres sold around $130,000; 6/6-8 Kennebery Cres transacted near $145,000 | Property Price Band: $120,000–$150,000 | Value Drivers: condition of internal finishes, parking arrangement, and proximity to the area school
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Kennebery Cres, Roxby Downs SA 5725
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Roxby Downs is a remote mining suburb reliant on Olympic Dam, with a small population of 3,887 and a high 48.64% renter share. Demand is driven by mining workers and investors seeking gross house yields of 7.56%, against a median house price of about $260,000-$278,750. Annual house growth is mixed, ranging from -5.45% to +3.2%, while units recorded 30.77% growth on thin volumes. Vacancy sits at 3.78%, and houses rent around $360 weekly, with 128 median days on market. Future growth hinges on Olympic Dam operations, but is constrained by remote location, low sales turnover, and sensitivity to mining sector cycles.
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PropCred Estimated Value
Comparable Sales: 11/6-8 Kennebery Cres sold around $130,000; 6/6-8 Kennebery Cres transacted near $145,000 | Property Price Band: $120,000–$150,000 | Value Drivers: condition of internal finishes, parking arrangement, and proximity to the area school
Bedrooms
3
Bathroom
1
Parking
2
Land
726m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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