4 Kingsley Road, Allendale East SA 5291

Demand is anchored in families and retirees seeking the coastal-rural lifestyle near Mount Gambier plus investors chasing regional alternatives to Adelaide, leaving only about half a dozen houses actively listed and keeping appetite high. Median houses now sit near $619k – roughly 34% higher over the past year – and the last six months have continued that upside as supply stays pinched. Limited rental yield and the tiny market size are the chief risks, but ongoing gentrification, remote‑work appeal, and Grant region infrastructure focus keep longer-term growth opportunities alive.