342 Jenkins Avenue, Whyalla Jenkins SA 5609
342 Jenkins Avenue, Whyalla Jenkins SA 5609
4 beds | recent sale | land size discrepancy | limited suburb data
This property presents a clear, recent market valuation from its June sale, offering a cost-effective entry into the Jenkins area with a functional four-bedroom layout. Its strongest position is as a practical, lower-priced alternative to premium listings, ideally serving a buyer seeking established space without aspirational pricing. The transaction history provides a solid anchor for negotiation, positioning you below current asking ranges in the vicinity.
Verify the bedroom count and land title dimensions, as these discrepancies directly impact utility and future value. The significant data gaps on local amenities and market dynamics represent a tangible risk, costing informed decision-making. Proceed only with a stringent building inspection and clarified boundary survey, treating this as a value-hold proposition for owner-occupation, not speculative gain.
Recent sale at $465,000 (June 2024) for a 5-bedroom, 636mΒ² configuration. The single comparable at 46 Risby Avenue, priced $645,000Β$665,000, has 797mΒ² land and five bedrooms. This indicates the subject property transacted at a notable discount, likely reflecting its smaller land parcel or differing condition, establishing a competitive baseline value.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Whyalla Jenkins is a family-oriented suburb with strong recent capital growth, driven by demand from young professionals and families. The market demonstrates robust momentum with houses transacting relatively quickly, supported by a tight rental market offering solid yields. Future growth is underpinned by sustained demand for larger lots, though the market’s smaller scale and limited available rental stock present a potential constraint on liquidity and supply.