31 Gyar Road, Punyelroo SA 5238

31 Gyar Road, Punyelroo SA 5238
Rural 3-bed home on 1.5ha acreage|Low vacancy 0.53% signals strong rental demand|Retiree-heavy demo suits downsizers|Stock down 33% vs last year| Sprawling block ideal for hobby farming or self-sufficiency seekers, with established gardens and shedding for storage. Suits grey nomads or families wanting space from urban bustle, in a tiny hamlet of 39 residents averaging 66 years old-80% families, low incomes at $780pw. No local schools; nearest in Swan Reach or Murray Bridge 20km away. Prime for river proximity perks like fishing/boating on Murray, but risks isolation, limited services, bushfire exposure. Configured as classic country cottage, well-positioned on quiet road amid orchards. Demand robust from tight supply, low turnover; rental yield potential high in 0.53% vacancy zone. Growth via regional SA trends, housing shortage, no new projects noted. Opportunities in agritourism; watch flood-prone flats.

Market Insight:

Murray River locality attracting holiday and lifestyle buyers. Seasonal demand patterns. Affordable entry prices. Limited rental demand. Growth tied to tourism and lifestyle trends.

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

8

Land

8.09ha

Built

Recent Assessments