3/5 Ozone Street, Alberton SA 5014

2-bed villa in Alberton | heritage overlay | compact 112sqm block | strong rental yield | Woodville High catchment This villa occupies a rare position in Alberton’s tightly held market: a freestanding format on a 112sqm title with a heritage overlay that signals enduring streetscape value. The 64sqm floorplan is efficient for a downsizer or first buyer seeking low-maintenance living without strata complications. Its proximity to Woodville High and a Catholic primary school gives it steady demand from families wanting school-catchment entry at a lower price point than detached housing. The rental yield at $475pw against a $556k midpoint is above average for the area, making it viable as an investment hold. The heritage overlay is the primary constraint-it limits external alterations and may slow capital growth compared to unencumbered stock. Buyers should budget for a pre-purchase building inspection to assess 1975-era condition, particularly waterproofing and wiring. The 1-car garage is tight for modern vehicles. NBN FTTN is adequate but not a selling point. For an owner-occupier, this works as a lock-and-leave base with school access; for an investor, the yield supports holding costs while the suburb’s infill pressure gradually lifts land value.